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.
October 7, 2022
Rad Power Bikes disputes State Farm fire claim
Rad Power Bikes denied that one of its e-bikes started a residential fire that caused property damage and led to a lawsuit being filed against the brand on Tuesday. The lawsuit states Luff's Rad Power e-bike — model not disclosed — malfunctioned and failed catastrophically and resulted in a fire...
October 6, 2022
Peloton slashing 500 more jobs as it races to return to growth
Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness equipment maker to return to growth. The cuts, which amount to about 12% of Peloton's workforce, mark a pivot point for the company, McCarthy told CNBC on Thursday. Peloton already has...
October 4, 2022
National Cycling League Announces $1 Million Prize Purse and 2023 Host Cities
(New York, N.Y., October 5, 2022) /ENDURANCE SPORTSWIRE/ - The National Cycling League (NCL) is proud to announce the largest prize purse in U.S. crit racing history with a $1 Million up for grabs. To win their share of the purse, 10 teams (2 NCL teams and 8 invited teams)...
October 4, 2022
Great Runs Rates the Best and Worst Airports for Runners
BOSTON, Mass. October 4, 2022 /ENDURANCE SPORTSWIRE/ – Great Runs, the ultimate guide to the best places to run in destinations worldwide, has named the best and worst airports for runners. Runners who travel for business or pleasure will, at some point, end up at a hotel near an airport. Perhaps...
October 3, 2022
Science in Sport raises and may sell to hedge against economic downturn
Science in Sport has this morning announced its intention to raise up to £5 million via the allocation of new ordinary shares in a bid to hedge against an economic downturn. Having just invested big in a new Blackburn production headquarters, the company has looked to steady itself, anticipating that...
October 3, 2022
Peloton will put bikes in every Hilton-branded hotel in the U.S.
Peloton will put bikes in all 5,400 Hilton-branded hotels in the United States as part of a partnership announced Monday, as the bike maker pushes to expand its reach. The partnership will provide at least one bike to each hotel fitness center, including locations of the 18 Hilton brands, such...
September 30, 2022
Judge Dismisses Peloton’s Lawsuit Against Lululemon Regarding Apparel Infringement
Peloton’s lawsuit against Lululemon, which sought a judgment ruling that Peloton’s apparel did not infringe on Lululemon’s design patents, has been dismissed. A judge in the Southern District of New York on Thursday granted Lululemon’s request to dismiss Peloton’s complaint, which means litigation is likely to continue between the two...
September 30, 2022
Some Dick’s Sporting Goods stores to carry Peloton products
More than 100 Dick's Sporting Goods stores will soon sell Peloton stationary bikes, treadmills and accessories starting this holiday season. It will be Peloton's first distribution agreement with a brick-and-mortar retailers. Dick's will also sell the products on its website. Bicycle Retailer
September 30, 2022
Aravaipa Running Acquires Jackpot Ultra Running Festival from Beyond Limits Running
PHOENIX, ARIZONA – September 30, 2022 /ENDURANCE SPORTSWIRE/ – Beyond Limits Running, LLC is pleased to announce the sale of its wholly-owned Jackpot Ultra Running Festival, Southern Nevada’s premier ultra-running endurance event, to privately-owned Aravaipa Running, LLC. Jackpot, which was created, launched and exclusively produced by family-owned Beyond Limits Running, LLC,...
September 29, 2022
Yamaha Bicycles Announces Two All-New YDX-MORO e-MTB Models
CYPRESS, Calif. – September 29, 2022 /ENDURANCE SPORTSWIRE/ - Yamaha Bicycles is expanding its full suspension e-Mountain Bike lineup with two all-new YDX-MORO models boasting the flagship PW-X3 center-mounted drive unit, patented Dual Twin™ frame, and proprietary Quad Sensor system. The new YDX-MORO 07 and YDX-MORO 05 models bring impressive...
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