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 13, 2023
Troubled waters for Wahoo? GPS and indoor training brand cites “special agreement” after missing payment deadline and getting its credit rating lowered again
One of the biggest credit ratings agency has sounded the alarm for Wahoo’s debts, after the company missed payment months after being warned that such a scenario could be on the horizon; but Wahoo has claimed that it has a “special agreement” with its lenders regarding the delay. The latest...
April 13, 2023
Athletic Brewing Company to Match First $100,000 Donated to The Michael James Jackson Foundation’s 2nd Annual Diversity Campaign
BROOKLYN, N.Y. - April 13, 2023 /ENDURANCE SPORTSWIRE/ - The Michael James Jackson Foundation for Brewing & Distilling (The MJF) has launched its second annual matching fundraising challenge in partnership with Athletic Brewing Company and ProBrewer. Beginning today and continuing through May 8, 2023, Athletic Brewing will match the first...
April 12, 2023
Peloton’s Shares Slide As Morgan Stanley Warns Of Slowing Web Traffic
Peloton Interactive Inc.’s shares fell 11.2 Wednesday after Morgan Stanley said the connected fitness company’s web traffic had decelerated and could hinder growth. Shares fell $1.29 to $10.20 on the day. The stock’s 52-week range is between $6.66 and $26.50. Morgan Stanley reiterated its “In-Line” rating at a price target...
April 12, 2023
After $250M in Retail Sales, Prime Hydration Looks to Youth Sports
Base, a sponsorships sales agency, is planning brand activations for Prime at 60 youth sports events to reach more than 1.2 million consumers. After signing deals over the past year with professional organizations UFC and Arsenal FC, Prime will now promote its drinks directly to its targeted youth consumers through...
April 12, 2023
Dr. Squatch to be Official Soap Partner With Spartan
BOSTON, MASS. (4/12/23) /EMDURANCE SPORTSWIRE/ - Spartan, the world's leading endurance sports and extreme wellness brand, announced Dr. Squatch will be the Official Soap and Body Wash Partner for select races in the 2023 race season Spartans love this brand and their products! We are very excited to be working...
April 11, 2023
Casa Bonita Joins the Denver Colfax Marathon as Volunteer Program Sponsor
Denver, CO /ENDURANCE SPORTSWIRE/ - Casa Bonita has partnered with the Denver Colfax Marathon as the 2023 race season volunteer program sponsor. This partnership will allow the marathon to continue its support of 1,500 volunteers during the race weekend in May. “This is such a unique partnership,” said Andrea...
April 11, 2023
Tonal Names New CEO, Raises $130 Million in Funding
Tonal, San Francisco, named a new CEO and completed a funding round that raised $130 million in new capital, the company announced on April 10. The funding came through existing investors, led by L Catterton, Cobalt, Dragoneer, Kindred Ventures and THVC. It is part of a broader recapitalization strategy to strengthen the...
April 11, 2023
Kane Footwear launches Project Renew, a new upcycling program for their Revive slip-on
Westport, CT (April 11, 2023) /ENDURANCE SPORTSWIRE/ – Kane Footwear, the leader in sustainable active recovery footwear, is thrilled to announce the launch of Project Renew – a new upcycling program for customers to send back well-loved Revive slip-ons and have them converted into yoga and changing mats. Kane Footwear is...
April 10, 2023
RunSignup Announces RaceJoy’s 10 Year Anniversary
April 11, 2023 - Moorestown, NJ /ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration and technology provider for U.S. endurance events, announces RaceJoy’s ten year milestone. RaceJoy is RunSignup’s interactive race day mobile app with more than 1.7 million users at more than 6,300 events during the last 10 years. RaceJoy...
April 10, 2023
Lululemon, Patagonia Lead Activewear Brands In Resale Popularity
Lululemon is the second most popular brand in resale, according to ThredUp’s 11th Annual Resale Report. Other activewear brands that made its Top 20 Most Popular Brands In Resale include Patagonia, at No. 6; Vuori, in 10th place; and The North Face, at 18. ThredUp’s study, based on research conducted...