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.
May 16, 2023
Brompton secures £19 million investment and will use money to ‘be more ambitious’
Brompton, the iconic British folding bike company, has secured £19 million in investment from BGF. The bike manufacturer's accounts, published on Companies House earlier this year, show that turnover increased 40% to £106.9m ($128.7m) in the year up to 31 March 2022, up from £76.1m ($91.6m) Yahoo Sports
May 16, 2023
On’s First Quarter Profits Surge With 78 Percent Revenue Gain
On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped analyst targets. Strength was seen across regions, channels and product groups. Sales of CHF 420.2 million ($470mm) topped Wall Street’s consensus target of CHF 382.3...
May 16, 2023
ShowcasedLiv Cycling Announces Campaign to Celebrate Catalysts of the Sport
NEWBURY PARK, CALIF. /MAY 16, 2023 /ENDURANCE SPORTSWIRE/ – Liv Cycling, the brand dedicated to getting more women and girls on bikes, today announces the fourth year of its Liv Committed campaign to celebrate and increase awareness for "cycling catalysts." Through this campaign, Liv looks to recognize individuals around the world who are working...
May 16, 2023
Wexer partners with HUSK to deliver wellness content to over 10M+ users
TUESDAY 16TH MAY, LONDON, UK /ENDURANCE SPORTSWIRE/ – Digital content provider Wexer announces partnership with digital health and insurance provider HUSK. The deal will enable HUSK to utilise the Wexer content API to take the content library and host it onto their own digital platforms. HUSK has a range of existing...
May 16, 2023
OOFOS Adds Telecom and Tech Industry Veteran John Legere to Board of Directors
Braintree, MA – May 16, 2023/ENDURANCE SPORTSWIRE/ – OOFOS, the global leader in Active Recovery footwear, announced today that John Legere has been named to the company’s board of directors. Legere has a formidable track record as an innovative leader who uses unconventional methods to guide teams, individuals, and global corporations to...
May 15, 2023
New Suit Comes for Nike’s ‘Misleading’ Sustainability Marketing
In a complaint filed Wednesday in a District Court in Missouri, plaintiff Maria Guadalupe Ellis claimed that Nike uses “deceptive and misleading” statements when marketing its sustainability collection. Specifically, the suit claims that Nike “deceives consumers into believing that they are receiving products that are ‘sustainable,’ ‘made with recycled fibers,”...
May 15, 2023
Michelin Soles Takes Bigger Steps into North American Market with JV International
WOLCOTT, Vt (May 15, 2023) /ENDURANCE SPORTSWIRE/ – JV International, a manufacturer of technical soles and the worldwide licensee of soles by Michelin, is expanding its North American presence with a new office opening in Wolcott, Vermont. The newly established JV North America Corp aims to strengthen and improve its position...
May 15, 2023
Giant and Stages end investment negotiations
Giant had filed a notice in January saying its board had agreed to invest a total of about $20 million in Stages, which has manufactured stationary bikes for Stages in the past. The January statement said the board approved the purchase of 32.5% of Stages Cycling Inc. common stock for $6.5...
May 15, 2023
Cycling Time Trials (CTT) welcomes Nick Adnitt and Helen May to the team
May 2023 - UK/ENDURANCE SPORTSWIRE/ – Cycling Time Trials (CTT) are delighted to welcome two new members to their team - Nick Adnitt and Helen May, in two brand new roles, and in a move that sees the team growing and diversifying. Nick takes on the role of Support Administrator, principally responsible...
May 12, 2023
From Couch Potato to Endurance Athlete Author, Hilary JM Topper, Launches New Endurance Sports Edition of her Podcast, Hilary Topper on Air
May 12, 2023 (Merrick, NY)/ENDURANCE SPORTSWIRE/ – Hilary JM Topper, author, blogger, podcaster, influencer, and digital marketer announced the launch of a new endurance sports edition of her long-time podcast, Hilary Topper on Air. The podcast aims to assist beginner and advanced endurance sports enthusiasts by featuring brands and experts who can provide...
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