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.
July 28, 2023
Clif Bar Continues to Improve Profitability Under New Owner
Mondelez International said its recently-acquired Clif Bar business continued to improve profitability in the second quarter with the help of higher prices amid “robust” sales growth and as Clif Bar recently overhauled its management team, including the exit of CEO Sally Grimes. At the close of February, Alexandre Zigliara was...
July 27, 2023
Hoka Continues to Drive Deckers Brands in Q1
Deckers raised its full-year guidance on Thursday after reporting another quarter of gains driven by its Hoka brand. Net sales in the first quarter of 2024 increased 10 percent to $675.8 million, compared to $614.5 million the same time last year. Deckers also saw a bump in its direct-to-consumer channel, reporting an...
July 27, 2023
ENVO Drive Systems Acquires Veemo ‘Velomobile’ from Creditor
Vancouver, Canada (July 26, 2023)/ENDURANCE SPORTSWIRE/ – In its ongoing efforts to develop and market a multitude of e-mobility products covering a wide range of applications, ENVO Drive Systems – designers of traditional e-bikes as well as unique, purpose-built e-vehicles for snow, water and 4-wheeling – has acquired fellow Canadian e-mobility brand...
July 27, 2023
The new COROS HR Monitor promises Precise Data and Pure Comfort.
IRVINE, California / July 27th, 2023 /ENDURANCE SPORTSWIRE/ - COROS Wearables Inc., makers of GPS sports wearables and training software for performance and adventure, today announced the launch of its new Heart Rate Monitor accessory. A new way to wear COROS prioritising comfort and data accuracy COROS presents the HR Monitor...
July 26, 2023
USA Triathlon and USA Triathlon Foundation Announce the Launch Of the Ignite The Spark Campaign To Kick Off Paris 2024 Countdown
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ - With one year to go until the opening ceremonies for the Paris 2024 Olympic & Paralympic Games, USA Triathlon, together with the USA Triathlon Foundation, today unveiled its Ignite the Spark campaign, a comprehensive marketing and fundraising initiative that celebrates the resilience, determination, and dedication of...
July 25, 2023
Shimano’s bike-related sales down 18% in first half
Shimano says interest in bicycles globally continues as a long-term trend, but that macro-economic conditions and industry inventory levels contributed to a 17.7% decline in sales in its bike business in the first quarter this year, compared to the same period last year. Net sales in Shimano's bike-related business were...
July 25, 2023
Life Time’s Q2 Profits Surge
Life Time Group Holdings, Inc. raised its earnings guidance for the year after reporting a profit against a loss in the second quarter ended June 30 as adjusted operating earnings grew 115 percent. Revenue gained 21.8 percent. SGB Media
July 25, 2023
Oiselle Taps Leading Active Lifestyle Agency OutsidePR as Agency of Record
SAUSALITO, Calif. (July 25, 2023)/ENDURANCE SPORTSWIRE/ – OutsidePR, a leading public relations agency in the outdoor and active lifestyle space will now represent women’s running brand, Oiselle. A trailblazer for inclusivity within the running industry, Oiselle’s mission is threefold: make great products, improve the sport, and grow the sisterhood. “We are thrilled...
July 25, 2023
Kitman Labs Inks Deal with Iowa State University for Combined Medical Data and Performance Analytics Platform to Support Student Athletes
Menlo Park, California (July 25, 2023)/ENDURANCE SPORTSWIRE/ – Kitman Labs, the global enterprise SaaS platform providing the only single, centralized operating system for performance intelligence in Sports, today announced that Iowa State University will be deploying Kitman Labs’ iP: Intelligence Platform across all men’s and women’s varsity sports. They become the...
July 25, 2023
MYLAPS goes carbon neutral
HAARLEM (25 July, 2023)/ENDURANCE SPORTSWIRE/ – MYLAPS announces a significant milestone: the company is now a carbon neutral organization. The sports technology company with offices in The Netherlands, United States, Australia, Malaysia, Japan, and China started measuring its carbon emissions on a yearly basis and set targets for reducing the carbon...