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.
June 10, 2022
Mike’s Bikes buys four Elevation Cycles stores in Colorado
Mike’s Bikes, the California retailer acquired by Pon.Bike last August, has bought the four-store Elevation Cycles chain in the Denver area. Elevation Cycles, founded in 2012, has long been closely associated with Trek. A former Trek employee and his partners founded the chain in 2012 with the help of Trek....
June 10, 2022
Mark Allen – Road To Kona Series
Santa Cruz, June 8, 2022 /ENDURANCE SPORTSWIRE/ - Following on the heels of the wildly successful “Road to St. George” video series, Mark Allen Sports is proud to announce the new “Road to Kona” video series on YouTube. During the five-month build up to the 2021 Ironman World Championship in St....
June 10, 2022
USA Triathlon Partners With Hydrow as Official Connected Rowing Equipment And Rowing Training Partner
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ - USA Triathlon today announced a partnership with Hydrow, the leading at-home connected rower, as the organization’s Official Connected Rowing Equipment and Rowing Training Partner through 2025. Hydrow leverages innovative technology to bring the on-water, outdoor experience of rowing to the home, recreating the feeling...
June 9, 2022
New Balance is suing Steve Madden over its 327 sneaker imitation
New Balance is taking Steve Madden to court. A complaint filed Tuesday to the U.S. District Court of Massachusetts claims Madden’s Chasen model sneaker from 2020 is a “deliberate knock-off intended to free-ride off the popularity of New Balance’s 327.” Input
June 8, 2022
Enduro Bearings to Host ‘Bearings & Brews Speakeasy’ June 29 at Rapha’s San Francisco Clubhouse
Oakland, California (June 8, 2022) /ENDURANCE SPORTSWIRE/ - On the heels of Enduro Bearings’ info-rich website launch last week, they’ll be hosting a free-to-the-public ‘Bearings & Brews Speakeasy’ at the Rapha Clubhouse in San Francisco (2198 Filbert St.). The event will take place at 5:30pm on Wednesday, June 29. Enduro...
June 8, 2022
U.S. Ports Remain Near Record Volume as Retailers Continue to Grapple With Inventory Challenges
U.S. ports are expected to remain “near record volume,” according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and consulting firm Hackett Associates. The NRF said on Wednesday that the increase in volume is attributed to retailers working to meet “still-strong consumer demand”...
June 8, 2022
Nike is shutting down its Run Club app in China
Nike is deactivating its Run Club app in China, becoming the latest Western company to reconfigure its business in the world's second largest economy. In a statement to CNN Business, a Nike (NKE) spokesperson said that it would roll out a "localized" platform for Chinese runners in future, and continue...
June 8, 2022
Porsche buys out eBike OEM Fazua
Porsche has announced that it has exercised the option to fully acquire the Fazua business, having earlier taken a 20% stake with the option to fully acquire the eBike systems maker. Cycling Industry
June 7, 2022
Kaitlin Armstrong, wanted in Moriah Wilson murder, last seen in New Jersey
Police upgrade the investigation to 'major case status' and are offering up to $5,000 as reward. Officials from the U.S. Marshals Lone Star Fugitive Task Force said Armstrong was dropped off at the Newark Liberty International Airport in New Jersey on May 18, a day after Austin police obtained a...
June 7, 2022
Let’s Do This backed by Usain Bolt and Serena Williams gets $60M to bring endurance sports events to everyone
Let’s Do This, the online marketplace that makes it easy for people to find, book and prepare for endurance sports events such as running, triathlon, cycling and obstacle experiences around the world has just announced raising $60M in its concluded Series B funding round. The platform is quickly gaining recognition,...