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 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
August 22, 2022
Adidas Initiates CEO Transition
Adidas AG’s Supervisory Board announced that it has initiated a CEO transition. Kasper Rorsted, CEO of Adidas, and the Supervisory Board have mutually agreed upon that Rorsted will hand over the CEO position during the course of 2023. The search for a successor has started. SGB Media
August 22, 2022
University of Arizona becomes 12th NCAA Division I School to add Varsity Women’s Triathlon
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ – USA Triathlon, along with University of Arizona Athletics Director Dave Heeke, today announced the University of Arizona in Tucson, Arizona, will become the 12th NCAA Division I program to offer women’s triathlon at the varsity level. A member of the Pac-12 Conference, the University of Arizona...
August 22, 2022
Perform Emerges from Stealth with $1.2 Million in Funding and Partnership with Running Legend Meb Keflezighi to Democratize Coaching
SAN FRANCISCO, California /ENDURANCE SPORTSWIRE/ - Perform, a startup that helps runners reach their goals with a personal running coach and smart training app, today announced that it has raised $1.2 million in pre-seed funding led by defy.vc, with participation from Techstars, the Chief Product Officer of Calm, the former...
August 19, 2022
Yvonne Spencer Appointed to USA Triathlon Board of Directors
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ – USA Triathlon today announced that Yvonne Spencer (Arlington, Va.), a 28-year United States Air Force officer and leader of USA Triathlon Club Fast Chix, has been appointed as a General Director of the USA Triathlon Board of Directors. Her term goes until Dec. 31, 2025. Throughout her...
August 18, 2022
Nike And Adidas Settle Flyknit Infringement Lawsuit
Nike filed paperwork with the U.S. District Court in Portland, OR, to settle its patent infringement lawsuit against Adidas over the alleged use of Nike’s knitted footwear technology. Nike charged Adidas had stolen its “game-changing” Flyknit technology to craft one-piece knitted uppers for sneakers that use fewer materials and generate...
August 18, 2022
TransRockies Gravel Royale Kicks Off in Panorama Monday
Panorama, B.C. (August 16, 2022) — TransRockies Race Series is looking forward to the inaugural TransRockies Gravel Royale gravel stage race beginning Monday, August 22, at Panorama Mountain Resort. Initially set for August 2021, COVID-19 restrictions canceled all events in British Columbia’s Interior. The TransRockies Gravel Royale course kicks off...
August 18, 2022
PushPress Secures $11 Million in Series A Funding Led by Altos Ventures
PushPress, Inc., a trailblazing fitness studio management software company, announced it has successfully raised $11 million in Series A funding led by Altos Ventures, with participation from Mucker Capital. Founded in 2013, PushPress is on a mission to make gym management the easiest part of running a fitness business through...
August 17, 2022
Electrolit Welcomes Christian Patiño Webb as New Chief Executive Officer
CERRITOS, Calif. (August 17, 2022)/ENDURANCE SPORTSWIRE/ –Electrolit – the preferred, premium hydration beverage made from pharmaceutical quality grade ingredients - is pleased to welcome Christian Patiño Webb as the company’s new Chief Executive Officer. This change goes into effect as of August 2022, following an incredible year for distribution within the...