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.
January 20, 2023
The Fallout from the Pandemic Bike Boom
A month after lockdowns had them wondering about their future in the spring of 2020, they suddenly couldn’t keep up with demand. For a year and a half, staff worked overtime as Americans rolled out their dusty steads or bought new ones. A 50 percent increase in riding, plus supply...
January 20, 2023
The Pro’s Closet has another round of layoffs
The company that began in 2002 as an eBay store for pre-owned bikes and quickly expanded in size and workforce did not say how many employees were affected. In October, The Pro's Closet reduced its workforce by 15%. Bicycle Retailer
January 20, 2023
Team MPI Expands Coaching Staff
Boise, ID (January 2023) /ENDURANCE SPORTSWIRE/ – Team MPI is proud to add Sydney Buckley to its coaching staff. Based in Cheyanne, WY, Coach Sydney brings more than 20 years of swimming expertise to Team MPI. As a swimmer, Sydney was a Colorado State Champion, a Colorado state record holder, and...
January 19, 2023
Run Local® Acquires Oakland Running Festival
OAKLAND, Calif. – (January 19, 2023) /ENDURANCE SPORTSWIRE/ – After a decade of growing the Oakland Running Festival into a community-wide celebration and must-do on a runner’s annual calendar, Corrigan Sports Enterprises has sold the property to Bay Area-based events company Run Local®. The 2023 edition takes place on Sunday, March...
January 19, 2023
The Pro Trail Runners Association: Trail Running’s First Union
As the sport grows, professional athletes are banding together to create a group that can lead the way on issues like doping, contract clarity, and race schedules. Here’s what it means for the future of the sport. Trailrunner
January 19, 2023
USA Cycling Announces Cari Higgins as Chairwoman of the Board and New Athlete Advisory Council
COLORADO SPRINGS, Colo./ENDURANCE SPORTSWIRE/ – Cari Higgins, former Vice Chair of USA Cycling’s Board of Directors, has been recently elected as Chairwoman. “I am honored to have been elected as the Chairwoman of the USA Cycling Board of Directors. It’s not just symbolic that I’m the first woman and first athlete...
January 19, 2023
G-Tech Launches New Heated Apparel Collection at The PGA Show
PALM BEACH GARDENS, FL. (January 19, 2023) – G-Tech Apparel, the leader in heated hand warming technology, is launching a new collection of heated hoodies and vests to supplement its hand warming pouches and has selected True North Brand Group, Inc., Hingham, Ma., to generate awareness among its key audience...
January 19, 2023
RunSignup Reports Growth in 2022
/ENDURANCE SPORTSWIRE/ – RunSignup, the leading technology solution for US endurance events, reports strong company growth in 2022 and encouraging signs the overall endurance market is strengthening. Compared to 2019 – the pre-pandemic baseline – the number of registrations on the RunSignup platform grew 20% while the total transaction dollars increased...
January 19, 2023
Kyle Nossaman Promoted to Vice President of Sales at AllGear Digital
January 19, 2023, Los Angeles, Calif. /ENDURANCE SPORTSWIRE/ – AllGear Digital, a leading publisher of best-in-class content focused on the outdoors and the active-lifestyle space, announces the promotion of Kyle Nossaman. His new role as VP of Sales elevates Nossaman to further grow the company’s sponsorship programs and direct-sold advertising campaigns. “Kyle...
January 18, 2023
Wahoo Fitness’ Debt Ratings Lowered On Potential Default
S&P Global Ratings lowered its debt ratings on Wahoo Fitness Acquisition, LLC on its expectation that the U.S.-based fitness technology company would pursue a debt restructuring or distressed exchange over the next six months due to a liquidity shortfall. S&P lowered its issuer credit rating on the company to ‘CCC-‘...