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 10, 2023
Adidas Expects Breakup With Yeezy to Cost Over $1B
Adidas’ separation from Yeezy, formerly known as Kanye West, may have a bigger fallout than initially anticipated. The sportswear company revealed Thursday it’s expected to lose $1.3 billion in revenue and nearly $534 million in operating profit this year after ending the relationship with the rapper in October over his...
February 10, 2023
RunSignup Releases 2022 Top 100 Largest Road Races
February 10. 2023 - (Moorestown, NJ) /ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration and technology provider for races in the U.S., releases a list of the top 100 Largest Road Races in the United States. This report is compiled in an effort to build an improved understanding of the top...
February 9, 2023
Parlee Cycles files for Chapter 11 bankruptcy protection
Custom carbon frame maker Parlee Cycles Inc. filed for Chapter 11 bankruptcy protection on Monday and will continue operations during the process. A balance sheet in its filing showed Parlee's liabilities totaled $4.4 million and total assets totaled $2.6 million at the end of January. BRAIN
February 9, 2023
Sportive Breaks announce launch of gravel cycling portfolio
9th February 2023 - Manchester UK /ENDURANCE SPORTSWIRE/ – Sports travel experts Sportive Breaks offer bespoke premium travel packages for cyclists looking to take part in Europe’s most prestigious cycling events, cycling breaks and weekenders. Whether you are looking for your next big endurance challenge or simply some time away cycling with...
February 9, 2023
The Outdoorist Oath Celebrates One Year and Exceptional Community Growth
(Feb 8, 2023) /ENDURANCE SPORTSWIRE/ - The Outdoorist Oath (The Oath), an organization designed to educate and unite outdoor communities with a shared commitment to take action for planet, inclusion and adventure, is proud to announce its one year anniversary, and upcoming first workshop of 2023. The Oath is directed...
February 9, 2023
ShowcasedWRCC Achieves Non-Profit Status, Launches Membership
CONROE, TEXAS - FEBRUARY 9, 2023 - The Women's Running Coaches Collective (WRCC), a non-profit dedicated to promoting the opportunities and culture of track, field, and distance running for female coaches and athletes, is proud to announce the launch of its membership program. The WRCC is leading a new coaching...
February 8, 2023
Pace-tuned run shoe start-up Vimazi aiming to secure US$1m in funding
Pacific Northwest based running shoe start-up Vimazi opened its most recent funding round for US$1 million in preferred stock this week. By engineering its shoes according to the pace of the runner, Vimazi’s pace-tuned technology claims to provide more shock absorption with less energy loss than other brands. Endurance.biz
February 8, 2023
Under Armour Beat Expectations in Q3 — And Footwear Was a Major Growth Driver
The Baltimore-based brand reported revenues of $1.6 billion, up 3% over last year. Net income was $122 million and adjusted diluted earnings per share was $0.16. Both earnings and revenues exceeded the expectations of analysts surveyed by Yahoo Finance. Yahoo Sports
February 8, 2023
Challenge Family Reinforces Sustainability Commitment with I Feel Wood Partnership
/ENDURANCE SPORTSWIRE/ – Challenge Family has reinforced its commitment to improving sustainable event production by partnering with I Feel Wood, producers of 100% sustainable wooden medals and trophies. I Feel Wood takes care of every single detail of the manufacturing process, starting from the choice of wood, which has both recycled...
February 8, 2023
Introducing RaceDay – The Ultimate Raceday Optimization Tool for Triathletes
/ENDURANCE SPORTSWIRE/ - A new app has been introduced to revolutionize the way triathletes plan and execute their races. RaceDay is the ultimate race optimization tool that integrates swim, bike, and run pacing with personalized nutrition needs, gear checklists and more. The app uses advanced technology and weather prediction to...
