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.
September 2, 2022
USA Triathlon Hires TurnkeyZRG To Lead CEO Search
COLORADO SPRINGS, Colo./ENDURANCE SPORTSWIRE/ – USA Triathlon today announced it has retained the services of TurnkeyZRG, part of the ninth-largest talent firm in the world and the top talent recruiting firm in the sports industry, to assist in conducting an inclusive and comprehensive search process to identify and recruit a diverse pool...
September 1, 2022
Lululemon Shares Soar After Earnings and Revenue Beat in Q2
The Vancouver, British Columbia-based athleisure brand Lululemon reported that second quarter net revenues increased 29% to $1.9 billion versus an expected $1.77 billion. In North America, revenues increased 28%. Adjusted diluted earnings per share were $2.20 compared to $1.86 expected. Same store sales were up 23%. FN
September 1, 2022
QBP lays off about 50 employees company wide
Quality Bicycle Products reduced its U.S. workforce by 6% on Wednesday, cutting jobs across all departments at its U.S. facilities. The company said its U.S. and Canadian distribution centers remain fully operational. Bicycle Retailer
September 1, 2022
Lakeshore Athletic Services West Region Expansion
Lakeshore Athletic Services is pleased to announce the move to our new and improved office and warehouse location in Mesa, Arizona. Our new AZ headquarters are located in a brand new construction building, boasting a 1700 square foot office and warehouse facility. Event Equipment & Services Lakeshore Athletic Services has...
September 1, 2022
ShowcasedINFINIT Nutrition announces its expansion to the European market
Prague, Czech Republic, September 01, 2022 /ENDURANCE SPORTSWIRE/ – Started in 2003, INFINIT was one of the first companies to establish themselves in the now rapidly growing personalized nutrition space. Their proprietary Osmo-Fit technology gives consumers the ability to create customized hydration and protein ready-to-mix nutritional drinks. After its 18 successful years’...
August 31, 2022
Mike Reilly, “Voice of Ironman,” Announces Retirement
After 33 years of calling races, well-loved race announcer, author, and speaker, Mike Reilly announced his upcoming retirement on Instagram. Over the course of his career, “Voice of Ironman” Reilly had been behind the microphone at over 1,000 endurance events, bringing tens of thousands of athletes home across the finish...
August 31, 2022
Clif Bloks Energy Chews Contain Less Caffeine Per Cube Than Advertised, Class Action Says
A proposed class action contends that each cube of Clif Bloks Energy Chews contains less caffeine than advertised. The 28-page suit says that although product labels lead buyers to believe that each Clif Bloks cube will contain 25mg or 50mg of caffeine, depending on the flavor, the energy chews actually...
August 30, 2022
Peloton Delays Filing Amid Cost-Cutting Restructure
Peloton’s issues have reached the accounting department. The company is delaying its annual 10-K filing with the Securities and Exchange Commission as it irons out details related to its ongoing restructuring effort. The comprehensive annual filing, which typically contains details not included in a company’s annual report, is required by the SEC within 60...
August 30, 2022
Trademark filings hint at future ‘Reality’ AR/VR product from Apple
There are number of indications pointing towards a major announcement from Apple within months regarding an entirely new tech ecosystem based around a “realityOS” or “rOS.” Popular Science
August 30, 2022
DAZN To Broadcast Super League Triathlon With Deal Until End of 2023
/ENDURANCE SPORTSWIRE/ - Super League Triathlon (SLT) has agreed a deal with DAZN, the leading global sports streaming platform, to broadcast all events live across its global platform until the end of 2023. The contract covers Super League’s biggest ever Championship Series in 2022, which kicks off in London on...
