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 5, 2023
Zwift Continues to Level Up With $620M Investment
The company isn’t turning a profit yet, co-founder Eric Min told Bloomberg, but it recently raised $620 million in funding from investors including Amazon’s Alex Fund, KKR and Co., and Permira Holdings. FOS
February 4, 2023
Meta wins fight to buy VR startup Within
A California judge is allowing Meta to close its acquisition of virtual reality fitness startup Within despite an ongoing antitrust case by the Federal Trade Commission, according to an unsealed ruling. On Wednesday, Bloomberg reported that the court denied the FTC’s request to block the deal but with a one-week...
February 3, 2023
This February, Stay “Hy” and Spread the Love with Essential Elements
Los Angeles, CA (February 3, 2023) /ENDURANCE SPORTSWIRE/ - As we approach the second month of 2023, continuing healthy habits and ample hydration are essential to maintaining overall wellness this year. Join Essential Elements as they continue to encourage others to join their “Get Hy” movement with new and improved...
February 2, 2023
Skechers Beats Expectations in Q4 Despite a 23% Drop in China Sales, Hits Annual Sales Record
Skechers sales in China dropped 23% in the fourth quarter, in part due to Covid-19 related restrictions and temporary store closures in November. Despite the slowdown, Skechers’ chief operating officer David Weinberg said in a statement that momentum will likely pick up in 2023, following recent improvements in the region....
February 2, 2023
Believe in the Run Announces New Hire and Role as It Expands Its Brand Vision in 2023
Baltimore, Md. (February 2, 2023) /ENDURANCE SPORTSWIRE/ – Following its rapid growth as a leading voice within the run industry, Believe in the Run has begun to implement a growth strategy to provide its followers with more high-quality content that has come to define the brand. Phase one of the new...
February 1, 2023
Peloton Fiscal Q2 Results Surge Past Wall Street Targets
Peloton Interactive, Inc. narrowed its loss in the fiscal second quarter ended December 31, boosted by revenues coming well above Wall Street targets. The connected fitness leader also provided an upbeat outlook and indicated it no longer intends to sell Precor. In the quarter, net losses shrunk to $335.4 million,...
February 1, 2023
RBC GranFondo Whistler and XFONDO announces Dilawri partnership
[Vancouver, BC] /ENDURANCE SPORTSWIRE/ - The RBC GranFondo Whistler (road) and XFONDO (all-terrain) cycling events today announced a new partnership with Dilawri, Canada’s largest automotive group. This partnership will drive high quality touchpoints and help lay the groundwork for another outstanding year for the RBC GranFondo events stable. On September 8,...
February 1, 2023
Athletic Brewing Re-releases Soul Sour for Black History Month
MILFORD, Conn. and SAN DIEGO (February 1, 2023) /ENDURANCE SPORTSWIRE/ - Athletic Brewing Company, America’s leading producer of non-alcoholic craft beer, is excited to relaunch Soul Sour in celebration of Black History Month. Originally launched in 2021, Soul Sour was inspired by Athletic teammates who wanted to celebrate the beauty,...
January 31, 2023
Vimazi Adds New Sales Agencies in Pacific Northwest & East Coast
Portland, Ore. (Jan. 31, 2023) /ENDURANCE SPORTSWIRE/ – Vimazi, maker of the first ever pace-tuned running shoes, is excited to announce the addition of REPresents.fun and NJ Athletic Co. to their sales team. The first four models of their new pace-tuned running shoes are set to begin shipping on February 2. Justin...
January 31, 2023
Wiley X Opens New State-of-the-Art Headquarters in Frisco, Texas
Frisco, Texas — January 31, 2023 /ENDURANCE SPORTSWIRE/ – As Wiley X celebrates its 35th Anniversary, the company opened the doors to its expansive, state-of-the-art new headquarters in Frisco, located just north of Dallas, Texas. The 65,000-square-foot facility has everything the family-owned, premium protective eyewear brand needs to run its expanding global...
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