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.
March 23, 2023
Cardio Equipment Manufacturer BODYCRAFT® and Kinomap Launch Strategic Partnership
San Diego, CA (March, 2023) /ENDURANCE SPORTSWIRE/ – Today it was announced at the 2023 IHRSA Conference in San Diego, that BODYCRAFT Fitness, a leading manufacturer of cardio equipment worldwide, and Kinomap have launched a strategic partnership for BODYCRAFT exercisers. As a result of this partnership, BODYCRAFT’s exercisers will be able...
March 22, 2023
Aleck Acquires Tocsen, Maker of Helmet-Mounted Crash Sensors
South Lake Tahoe, CA (Mar. 22, 2023) /ENDURANCE SPORTSWIRE/ – Aleck®, maker of the industry’s best-selling wireless audio and communication systems for outdoor sports, announced today its acquisition of Tocsen, the German maker of intelligent helmet-mounted crash sensors. Tocsen was founded in 2019 by Alexander Schumacher, Andreas Botsch, and Malte Buttjer...
March 22, 2023
The IRONMAN Group Appoints Marieka Barnard as New Chief Marketing Officer
TAMPA, Fla. (March 22, 2023) /ENDURANCE SPORTSWIRE/ – The IRONMAN Group is pleased to announce the appointment of Marieka Barnard to Chief Marketing Officer (CMO) after serving most recently as Vice President of Event Marketing for The IRONMAN Group in EMEA. Barnard has deep institutional knowledge and expertise of the endurance...
March 21, 2023
Nike Q3 Earnings Beat Expectations, Wholesale Revenue Up 18%
Nike reported better-than-expected results for the third quarter — despite recent inventory excesses and challenges in China. The athletic giant reported Q3 revenues of $12.4 billion, up 14% from the same time last year and ahead of expectations from analysts surveyed by Yahoo. Net income was $1.2 billion, down 11%...
March 21, 2023
Nationwide E-Bike Tax Credit Bill Returns to Congress
The Electric Bicycle Incentive Kickstart for the Environment Act first arrived in Congress in 2021. Like most bills that come to America’s legislative chambers, it never passed into law. But five politicians and bike industry advocates hope that 2023 will be the year Americans get tax credits for buying electric bicycles....
March 21, 2023
On’s Revenues Surge 92 Percent In Fourth Quarter
On Holding AG significantly decreased its loss in the fourth quarter ended December 31 as sales vaulted 91.9 percent. For the current year, the Swiss running brand predicts sales will grow 39 percent. On finished the 2022 financial year on a high note and with a further record net sales...
March 21, 2023
Cycling kit industry branded ‘deeply broken’ as yet another brand closes down
The American apparel manufacturer from North Carolina today announced that it will cease operations in April, following an unsuccessful round of community financing. CEO David Billstrom explained that the recent WeFunder community financing campaign fell short, raising only 50% of the brand’s one-million dollar target. Cycling Weekly
March 21, 2023
Tim and Rinny Launch Coaching Business Leveraging TriDot
DALLAS, TX – March 21, 2023 /ENDURANCE SPORTSWIRE/ - Mirinda (“Rinny”) Carfrae and Tim O’Donnell announced the launch of their coaching business that will leverage TriDot’s Optimized Triathlon Training®, technology driven by data and artificial intelligence. Their coaching business will focus on triathlon enhancing the lives of athletes through proper life...
March 20, 2023
Rack Attack Announces the Acquisition of Two New Stores in Calgary
Rack Attack, a leading retailer of car racks, bike racks, rooftop tents, overlanding, and other outdoor gear, has announced the acquisition of two new stores in Calgary, previously owned by Racks Unlimited. After the acquisitions, Rack Attack has a total of 38 stores in North America, further solidifying its position...
March 20, 2023
Wattbike appoint Greg Nieuwenhuys as Chairman
March 2023 /ENDURANCE SPORTSWIRE/ – Wattbike, leaders in indoor cycling, announces the appointment of Greg Nieuwenhuys as Chairman to help drive the brand’s next phase of growth, effective immediately. An experienced CEO and non-executive Director, Nieuwenhuys is currently Chairman of Mammut Sports Group, a leading Swiss mountain brand, and was previously CEO...