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 18, 2021
Fitness drones are coming, if inventors can get all the kinks out of them
Researchers say that the recreational drone market — valued at $2.33 billion in 2020, according to data from Research and Markets — could come together with the $30 billion wearables market to produce what may one day be a fixture in personal health and wellness: fitness drones. Washington Post
April 15, 2021
The biggest bike retailers in the US
Bicycle Retailer and Industry News has pulled together the 10 largest-grossing bke retailers who sell IBD-quality bikes primarily through brick-and-mortar stores. Check out the rankings here.
April 14, 2021
Dish Network Sues Peloton, LuluLemon, Icon Health & Fitness
Dish Network and its Sling TV division sued Peloton, Lululemon, and ICON Health & Fitness. The network provider says the fitness companies used Dish’s patented technology developed by Move Networks Inc., which “allows Internet users to stream content from across the world in real time at the highest possible quality.” Move Networks...
April 13, 2021
Marty Nothstein drops appeal of dismissal in lawsuit against USA Cycling
Former U.S. congressional candidate and Olympic gold medal cyclist Marty Nothstein has withdrawn his appeal of a judge’s decision dismissing Nothstein’s defamation lawsuit against USA Cycling over its disclosure of a misconduct allegation against him. The Morning Call
April 12, 2021
Dick’s Sporting Goods Opens Interactive Store ‘House of Sports’
If you’re looking to get in a quick workout with gear off the shelf, you’ll want to check out the 100,000-square-foot building in the Eastview Mall. Called House of Sport, the store includes an indoor rock-climbing wall, golf driving bay, putting bay, and health and wellness store. A track-and-turf field sits...
April 9, 2021
Arkansas cycling industry responds to trans legislation
BRAIN has reached out to several industry members based in Arkansas for their take on the recent state legislation regarding transgender people. Bicycle Retailer
April 9, 2021
February bike imports continue surge
The U.S. brought in 1.38 million bikes in the month, worth $119 million. That's 74% more bikes than in February 2020 and 26% more in value, according to import statistics released by the Department of Commerce this week. Bicycle Retailer
April 8, 2021
Louis Garneau hopes to go public in 2 years, with assistance from e-bikes
Just a few months after emerging from Canada's equivalent to Chapter 11 bankruptcy, Louis Garneau Sports' president said his goal is to take the company public in two years. He's planning on e-bike sales providing a boost toward that goal. Bicycle Retailer
April 8, 2021
Vibram Announced Executive Leadership Changes
Eric Rosen, a 20-year veteran of the brand, will retire in April, and in conjunction with his departure, Vibram announces changes to its senior management team. SGB Media
April 8, 2021
The Shoes You Can Subscribe To
On Running, a shoe company affiliated with Roger Federer, is carving out a unique space among runners with a shoe you can swap out for a new pair whenever they get too run-down. Its new shoe, the Cyclon, is recyclable and made from castor beans. Castor oil, long used for medicinal...