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.
August 28, 2022
The Athlete’s Foot Launches a Council With Industry Veterans and Activists Focused on Community Empowerment
The Athlete’s Foot is increasing its focus on community empowerment with the creation of a new council. The Impact Council, according to The Athlete’s Foot, was created with uplifting neighborhoods in mind via initiatives, enrichment and outreach programs. It will cultivate and sponsor programs such as recreational sports leagues, playgrounds, college...
August 26, 2022
Wahoo opens new science center featuring Master Spas swim spa
FORT WAYNE, Ind. — AUGUST 26, 2022 /ENDURANCE SPORTSWIRE/ – With a dedication for innovation and helping athletes reach their goals, Master Spas is pleased to announce that a swim spa is a part of Wahoo’s cutting-edge Sports Science Center. The Sports Science Center recently celebrated its grand opening in Boulder, Colorado....
August 25, 2022
Peloton Q4 net loss widens to $1.2B as revenue plummets 28%
Peloton’s Q4 2022 earnings report on Thursday showed revenue dropped 28% year over year from $936.9 million to $678.7 million. Revenue from its connected fitness products fell 55% to $295.6 million, while subscription revenue grew 36% to $383.1 million. Net loss widened 297% to $1.2 billion. Retail Dive
August 25, 2022
iFIT Appoints Andy Donkin Chief Customer Officer
(Logan, UT - August 25, 2022) /ENDURANCE SPORTSWIRE/ - iFIT, a leader in connected fitness hardware, software and subscription content, announced today that Andy Donkin, former Chief Marketing Officer of Alexa Auto at Amazon, has joined iFIT as its Chief Customer Officer. Mr. Donkin brings to iFIT nearly 20+ years...
August 24, 2022
Is the Great Bicycle Shortage Coming to an End, or Just Getting Started?
Depending on where you live and the types of shops around you, finding the perfect bike can still be a difficult task, even if conditions are improving. The bicycle market, in particular, was acutely impacted by shortages early in the pandemic. With people slowly getting ack to normal life, the...
August 24, 2022
Peloton expanding distribution to Amazon
Peloton will expand the distribution of its bike, Guide, and selected accessories and apparel to Amazon's U.S. stores. Bike delivery will be available to most in the U.S. Products and accessories previously were sold exclusively through the brand's e-commerce sites, inside sales channels, and global showroom. Customers can search for...
August 24, 2022
Peak Ski Company Welcomes Chris Davenport to Leadership Team
BOZEMAN, Montana, Aug. 24, 2022 /ENDURANCE SPORTSWIRE/ –Peak Ski Company announced today that Chris Davenport has joined the company’s executive leadership team as senior director of skiing and product innovation. Earlier this year, Peak Ski Company cofounders, Bode Miller and Andy Wirth launched the company and its 2022/23 lineup of high-performance Peak...
August 23, 2022
Registration opens for 21st Little Rock Marathon Expo
LITTLE ROCK, ARK (Aug. 23, 2022) - Registration is now open for the Little Rock Marathon Health and Fitness Expo. The Expo serves as race headquarters for all athletes, volunteers and spectators, and is a key component of the weekend’s activities, Expo Director Brandy Dixon said. The 21st annual Little...
August 23, 2022
Dick’s Sporting Goods boosts 2022 outlook after second-quarter earnings top estimates
Dick’s Sporting Goods on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and boosted its financial outlook for the year. The sporting goods retailer said it now expects comparable store sales for 2022 to decline between 6% to 2%. It had previously forecast the figure to be down...
August 23, 2022
Usain Bolt Files Trademark for Victory Pose
Usain Bolt has just filed a trademark for his signature victory pose. The pose in question was first made known to the masses during his record-breaking run at the 2008 Olympics in Beijing. Yahoo Life