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.
July 8, 2022
Bahrain Victorious Takes Over Scorpions Franchise As SLT Teams 2022 Officially Launches
/ENDURANCE SPORTSWIRE/ – Bahrain Victorious have become the first franchise owners in SLT Teams with triathlon legend Chris McCormack managing the squad in Super League Triathlon’s 2022 Championship Series. McCormack will be up against a familiar roster of Team Managers this year following the successful debut of SLT teams in 2021,...
July 8, 2022
Race Roster introduces enhancements to Digital Engagement Kits
London, ON (Fri, July 8, 2022) /ENDURANCE SPORTSWIRE/ - Race Roster recently introduced Digital Engagement Kits to the endurance event space, and so far, Race Roster users testing out this tool are seeing positive results. “We loved using Race Roster’s new Digital Engagement Kit at the 41st Annual Fair Oaks...
July 7, 2022
Marathon Tours & Travel Joins Forces with UK Based Destination Sport Group
Boston, MA (July 7, 2022) /ENDURANCE SPORTSWIRE/ – Marathon Tours & Travel (MTT) a longstanding recognized leader in the destination travel industry for runners and their supporters, is expanding globally through a merger with Destination Sport Group (DSG). A British based company, DSG encompasses leading sports travel companies, which helps thousands...
July 6, 2022
ShowcasediFIT Connected Fitness Appoints Dale R. Gerard New Chief Financial Officer
(Logan, UT – July 7, 2022) /ENDURANCE SPORTSWIRE/ - iFIT, a leader in interactive fitness hardware, software, and subscription content, announced today that Dale R. Gerard has joined iFIT as Chief Financial Officer. Mr. Gerard comes to iFIT with more than 25 years of finance, treasury, and operational experience with...
July 6, 2022
Vista Outdoor To Acquire Fox Racing
Vista Outdoor, Inc. announced it had entered into a definitive agreement to acquire Irvine, CA.-based Fox Racing, the manufacturer of motocross, mountain bike and lifestyle-related gear, at a purchase price of $540 million, with the potential for an additional $50 million earnout based on the company’s financial performance. SGB Media
July 6, 2022
Peloton sweetens employee pay incentives as it fights to boost morale and stage a turnaround
Peloton sweetened incentives for its workers with one-time cash bonuses and changes to its stock compensation plan as it fights to hold onto employees and fix its struggling business, according to internal memos seen by CNBC. The changes come a little more than five months into Barry McCarthy, a former...
July 6, 2022
Cyclists across America now have access to simple and affordable bike insurance.
July 6, 2022 /ENDURANCE SPORTSWIRE/ - BikeInsure, an insurtech company specializing in bicycle coverage for cyclists in the United States, today announced that any bicycle owner across America now has access to its standardized bike insurance. BikeInsure innovated a process that allows a cyclist to obtain bike coverage with optional...
July 5, 2022
Fleet Feet Rockford Joins Fleet Feet Chicago
JULY 5, 2022, Chicago, IL /ENDURANCE SPORTSWIRE/ - Speciality running store franchise DLZIMCO.Inc, owner operators of Fleet Feet Chicago, has acquired Fleet Feet Rockford. The official announcement was made on July 1, 2022. The move to acquire the Rockford location came with a desire to leverage Fleet Feet Chicago’s community...
July 5, 2022
LeMond Bicycles Names New CEO
LeMond Bicycles appointed Rick Adams as CEO. He replaces Dean Hendrickson, who will transition to CEO of LeMond Carbon. Adams joins Lemond Bicycles following 11 years at the United States Olympic & Paralympic Committee, most recently as chief of sport performance. Adams joined the USOPC after a 15-year career in professional sports,...
July 5, 2022
Lululemon Sets Sights on Spain as It Continues to Expand Internationally
Lululemon is moving into Spain, its first new market in Europe since 2019. According to the Canadian athletic company, it plans to open two new stores in the country as well as a local e-commerce site as part of its “Power of Three ×2” growth plan, which includes a quadrupling...