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 5, 2022
Lynx and MYLAPS join forces to expand product portfolio
HAVERHILL, MA / HAARLEM (July, 2022)/ENDURANCE SPORTSWIRE/ – Lynx System Developers and MYLAPS Sports Timing are partnering up to offer best-in-class photo finish and timing technology to athletes and racers. The companies signed a multi-year partnership to offer a wider product portfolio to sports races and venues around the world. Based in...
July 1, 2022
Too much inventory and debt forcing owners of Saris Cycling Group to sell the company
Saris Cycling Group has filed an alternative to bankruptcy that consolidates its debt, keeps its 132 employees in place but which will likely lead to the sale of the company in the next two months, according to Michael S. Polsky, a Milwaukee lawyer, who is acting as the court-appointed receiver...
July 1, 2022
ShowcasedEVENT INSIGHTS: Event Sponsorship and Why It Should Matter to You
Sponsorship is one of the most effective marketing strategies you can use to promote your next event. Securing a sponsor can help you increase awareness of your brand, reach new markets, and build customer loyalty. But sponsorships don’t always come easy. You have to prove your company’s value to your...
July 1, 2022
Priority Bicycles Announces Cruise the Coast Summer Tour
New York, NY /ENDURANCE SPORTSWIRE/ - Priority Bicycles, leaders in low maintenance bicycles, announces the Cruise the Coast summer tour designed to allow residents and vacationers to experience its market-leading, Gates belt-driven coastal beach cruiser first-hand in its natural habitat. In partnership with Gates Carbon Drive, the Cruise the Coast...
June 30, 2022
PureCycle Announces Key Leadership Changes, New Chief Executive Officer
ORLANDO, Fla., June 30, 2022 -- Today, PureCycle Technologies, Inc. (NASDAQ: PCT) announced three key leadership changes effective August 5, 2022, that are expected to propel the company's transition to a leading global manufacturing and technology company. Mike Otworth, Chairman of the Board of Directors and CEO of PureCycle, will resign to return...
June 30, 2022
Saris Cycling Group to be sold as Covid whiplash effect mirrors Peloton
The Saris Cycling Group is set to restructure its business having suffered a similar spike and dive in demand to that which is widely reported to have caused Peloton problems. Peloton is likewise now rumoured for sale. The indoor trainer market was at the front of the pack when sales...
June 29, 2022
King Oscar Becomes #1 Specialty Canned Seafood Brand in the United States
San Diego, Calif. /ENDURANCE SPORTSWIRE/ - Today, King Oscar Inc., the legendary Norwegian seafood producer, announced its rapid ascension to the largest-selling brand in the canned specialty seafood category. King Oscar’s new position firmly cements the legacy brand as the nation’s best and now, leading purveyor of the finest-quality, best-tasting,...
June 29, 2022
Industry Leaders Elected to Running USA Board of Directors
(June 29, 2022)/ENDURANCE SPORTSWIRE/ – Running USA member representatives have approved the election of a slate of five board members to three-year director terms which will begin July 1, 2022 and conclude June 30, 2025. Two of those elected are incumbents returning to the board, which provides consistent leadership and oversight...
June 29, 2022
Fitmint, a fitness app, secures a $1.6 million investment round from General Catalyst
Fitmint, a business with offices in Bengaluru, announced on Wednesday that it has secured $1.6 million in a seed fundraising round headed by General Catalyst. With built-in social-fi and NFT game features, Fitmint is a "Move-to-Earn" business where users may earn incentives in crypto/NFTs by exercising physically, such as walking, jogging,...
June 29, 2022
STRIVE Closes $6M in Funding to Accelerate Growth
STRIVE, the only platform proven to optimize muscle performance for elite athletes and teams, today announced it closed $6 million in Series A funding. The round was led by Future Communities Capital, with participation from investors, including SeaChange Fund, SeedtoB Capital, Jas Ventures, Gaingels, Founders First, Macnica Investment Partners, fama...