BUSINESS NEWS
Want to stay up to date on the latest press releases and business news in the running, cycling and triathlon industries? Scroll below to view all endurance sports business news.
April 3, 2025
Borealis Fat Bikes suspends bike purchases due to tariffs
Borealis Fat Bikes said it is temporarily suspending inventory purchases for the 2025-2026 season because of the Trump administration's tariff policies. Borealis Founder and CEO Steve Kaczmarek said "responsible planning" is impossible in the current climate. "With the recent tariffs, there is little definition or stability, even following President Trump's...
April 3, 2025
EXEC: Trump Tariffs Hit Active Lifestyle Stocks Hard; Vietnam Hit a Big Surprise
Executive leadership teams are undoubtedly huddled behind closed doors this morning as the Trump Administration dropped a bomb on the public and consumer markets, imposing reciprocal tariffs across a broad range of countries. SGB Media
April 1, 2025
On Running Co-CEO Marc Maurer to Step Down
On Running Co-CEO Marc Maurer is leaving the company after 12 years. Co-CEO and CFO Martin Hoffmann will take over the CEO role as the company bolsters its executive team with new hires and completes its search for a new CFO. SHOPeatSURF
March 31, 2025
Yamaha Motor acquires Brose’s bicycle eKit business unit
Brose – the Coburg, Germany-headquartered business that is the exclusive provider of e-bike motors for Specialized and partner for SRAM Powertrain – has agreed the sale of its e-bike business unit to Yamaha Motor. Biz Biz
March 30, 2025
Nike Stock Hits 7-Year Low, Market Cap Falls Below $100 Billion
Nike shares sank 3.8% on Friday and are now down 16.4% for the year, continuing a stunning reversal for the once high-flying brand that has faced layoffs, a CEO switch, declining sales and an MLB uniform misstep over the past year. The stock closed Friday at $63.17, a level last seen in January 2018. It is now...
March 28, 2025
London Marathon fury as thousands of runners fear they could miss out on finishers’ medals after organisers changed the rules
London Marathon organisers have moved to allay fears that participants could end this year's race without a finishers' medal following a change to the rules. The sight of volunteers handing out gongs to weary runners at the conclusion of the gruelling 26-mile course has become a staple of the event since...
March 27, 2025
REI stores add Rocky Mountain and Van Rysel bicycles
REI announced Thursday that its retail store will be offering mountain bikes from Rocky Mountain and road and gravel bikes from Van Rysel this year. Bicycle Retailer
March 27, 2025
Lululemon Posts Double-Digit Sales Gain in Q4 as International Surges
Lululemon Athletica, Inc. reported net revenue increased 13 percent year-over-year to $3.6 billion, or 14 percent on a constant dollar (cd) basis, for the fiscal year ended February 2, 2025. SGB Media
March 26, 2025
On, Canyon & Sailfish get-together to launch On Triathlon Academy
Swiss sportswear brand On has announced the launch of the On Triathlon Academy, which is billed as… ‘a pioneering initiative designed to nurture and empower the next generation of triathlon champions.’ Endurance.Biz
March 20, 2025
NIKE, Inc. Reports Fiscal 2025 Third Quarter Results
NIKE, Inc. reported fiscal 2025 financial results for its third quarter ended February 28, 2025. Third quarter revenues were $11.3 billion, down 9 percent on a reported basis compared to the prior year and down 7 percent on a currency-neutral basis*. NIKE Direct revenues were $4.7 billion, down 12 percent...