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.
February 17, 2023
Olympia Sports Intellectual Property Sold At Auction
The intellectual property and related assets of Olympia Sports, including the trademarks for Olympia Sports, Clever Training and Surf Outfitter, were sold for $180,000 to 54 Glen Cove Realty, LLC at an auction run by Hilco Streambank. Olympia Sports filed for bankruptcy last September to liquidate its remaining 35 stores....
February 17, 2023
Shimano forecasts 21% sales drop in 2023
In its fourth quarter and full-year financial results report, the company forecast that 2023 sales in its bike components business will produce 396 billion yen ($2.95 billion), down from the 517 million yen recorded in 2022, a 23% drop. Bike component sales make up about 79% of Shimano’s business with...
February 17, 2023
Non-Executive Board Established for the Adventure Racing World Series
/ENDURANCE SPORTSWIRE/ - Following the announcement of new ownership for the Adventure Racing World Series, under the leadership of Heidi Muller, a new Non-Executive Board has been formed and held their first meetings and discussions. The formation of the new board and its inaugural meeting on February 9th, took place...
February 16, 2023
USA Triathlon Launches New Youth and Junior Premier Membership
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ – USA Triathlon today announced the launch of its Youth and Junior Premier Membership, a new membership for youth and teenage athletes that is valid from the date of purchase until the athlete’s 18th birthday. With a host of benefits at a one-time purchase price of only...
February 16, 2023
Kane Footwear Brings Recovery Footwear to Nordstrom
Westport, CT /ENDURANCE SPORTSWIRE/ - Kane Footwear, a leader in active recovery footwear, is now available in 12 select Nordstrom stores and Nordstrom.com, having expanded to six additional brick and mortar stores this week. In celebration of launching with their first major retailer, Kane has designed an exclusive Olive colorway...
February 16, 2023
Super League Triathlon Expands in the USA and Grows Mass Participation
/ENDURANCE SPORTSWIRE/ – Super League Triathlon (SLT) has continued its rapid expansion plans by acquiring the iconic New York and Chicago Triathlons. The acquisition of two additional major city triathlons provides SLT with a stable of mass participation events in the USA, which also includes Malibu Triathlon. SLT acquired the New...
February 15, 2023
Olympus Sports Development Team partners with CLASH Endurance to host major endurance events, leverage one-mile criterium course & more
Clermont, Fla. (Feb. 15, 2023) /ENDURANCE SPORTSWIRE/ – The Olympus Sports Development Team recently held its annual Olympus Sports Summit to further plans for its 60-acre Sports Campus – the cornerstone of the nearly 250-acre innovative master-planned community and lifestyle destination in central Florida, Olympus. The Team unveiled a three-phase plan...
February 15, 2023
The 2022 American Criterium Cup administrator returns for 2023.
ENDURANCE SPORTSWIRE/ - "I'm excited to return to the ACC. Last year was a great start, and I look forward to working with and advocating for our teams and athletes participating in the series again. Working with a great group of Race Directors who are committed to the sport, and...
February 15, 2023
The Great Run Company partners with Endurance Zone to launch ‘Great Run Rewards powered by Endurance Zone’
London, UK /ENDURANCE SPORTSWIRE/ - The Great Run Company (GRC), organisers of the nationwide AJ Bell Great Run Series, including the UKs biggest running event, the AJ Bell Great North Run, is proud to announce its partnership with Endurance Zone, the largest sports reward & engagement platform in the world....
February 14, 2023
Tonal seeks buyer or fresh investment at US$500m valuation
Tonal, the smart home gym tech startup backed by an array of leading athletes, is reportedly seeking fresh investment or a potential buyer at a valuation of US$500 million – only slightly more than a quarter of what it was said to be worth last year. The company, which manufactures...