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.
November 30, 2022
Classified Cycling Raises €22M Euros In Push To Reinvent Shifting, Expand Into eBike Drivetrains And To Strengthen Presence In Global Markets
(Antwerp, Belgium, Thursday, December 1, 2022 CET)/ENDURANCE SPORTSWIRE/ - Classified Cycling, a Belgium-based company developing innovative drivetrain technology for the cycling industry, today announces it has closed a funding round of €22 million led by Active Partners, the investors behind well-known cycling brands Rapha and Evans Cycles. Existing investor Bridford...
November 30, 2022
Nukeproof Announces New US Operations and Distribution
November 30, 2022 - Salt Lake City, UT /ENDURANCE SPORTSWIRE/ – Nukeproof mountain bikes, components and accessories will soon be easier to find in the US. Starting November 30th, 2022, US-based riders will be able to buy Nukeproof’s award-winning, gravity-oriented mountain bikes and eMTBs, as well as their innovative parts and accessories through...
November 30, 2022
ROAD iD Unveils New Partnership Opportunity to Promote Runner Safety in Run Specialty at The Running Event (TRE) in Austin
/ENDURANCE SPORTSWIRE/ – ROAD iD, leader of wearable identification products for runners and cyclists unveils new and improved in-store partnership program geared for run specialty shops to help runners train safely with the peace of mind that wearing ID provides. The partnership will help store owners earn cash, provide the perfect...
November 30, 2022
Nike, Adidas Could Reduce Order Volumes By 40%
Companies like Nike and Adidas are expected to reduce their order volumes by 30%-40% beginning next summer, with both companies reportedly notifying their manufacturing plants. It’s unclear how long it will last, but some outlets have reported that the volume decrease is expected to continue until the winter — likely...
November 29, 2022
Wattbike secures £3.25m for global growth
Wattbike has partnered with Praetura Commercial Finance to help fund its ambitious global expansion plans. The £3.25 million asset-based lending facility will help the team invest in its Hub App, which works in tandem with its indoor exercise bikes, as well as target key global territories in the North America...
November 29, 2022
Trends in the running industry: What comes after the Corona boom?
Many have discovered running for themselves in the Corona pandemic. But mega sales for running brands are offset by declining numbers of participants in competitions. Will the runner's high last or will running run out of steam? Urs Weber gave an industry insight at the Runner's World running symposium at...
November 29, 2022
BibRave to Launch Pro-Bono Seeding Program for Brands in 2023
Honolulu, HI /ENDURANCE SPORTSWIRE/ – BibRave, the leading-edge endurance and fitness marketing agency, announced on November 22 the launch of a new pro-bono program for 2023 dubbed “BibRave Brand Picks.” BibRave Brand Picks is a way to return to the company’s roots of finding and promoting nascent, innovative, and creative new...
November 28, 2022
Black Friday Online Sales Hit Record $9.12 Billion
U.S. shoppers spent a record $9.12 billion online this Black Friday, according to Adobe Analytics, which tracks sales on retailers’ websites. That’s a 2.3 percent increase compared to $8.92 billion in 2021 and also up from $9.03 billion the in 2020. SGB Media
November 23, 2022
Meta’s Plans for VR Fitness Could Hit Snag
A government agency is looking to block Meta’s acquisition of a virtual fitness company. In October 2021, the tech giant agreed to acquire virtual realty company Within, the developer of Supernatural — a VR fitness app made exclusively for Meta’s Oculus headsets. But the Federal Trade Commission believes the deal will decrease competition in the VR fitness...
November 22, 2022
2022 VinFast IRONMAN World Championship Documentary Special Airing On NBC, November 27 AT 2 – 3:30 P.M. EST
TAMPA, Fla. (Nov. 22, 2022) /ENDURANCE SPORTSWIRE/ - The documentary special highlighting the historic 2022 VinFast IRONMAN® World Championship triathlon will premiere on Sunday, Nov. 27 at 2 - 3:30 p.m. EST on NBC. The IRONMAN World Championship special will chronicle triathlon’s pinnacle event, which returned to the Kailua-Kona and...
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