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.
May 10, 2022
KINeSYS Sunscreen Partners with Another Mother Runner
10th May 2022, Vancouver, Canada /ENDURANCE SPORTSWIRE/ - North America’s leader in active sun care, KINeSYS Performance Sunscreen, is excited to announce their partnership with Another Mother Runner, the 110k+ strong, vibrant and inclusive community of female runners. Co-founded by Sarah Bowen Shea and Dimity McDowell, AMR connects via in-person retreats,...
May 10, 2022
Sportstats relies on RACE RESULT timing technology at Bloomsday Run
Boulder/Ottawa May 6, 2022 /ENDURANCE SPORTSWIRE/ - Almost 25,000 runners returned to Spokane Washington last weekend for the Lilac Bloomsday Run. The largest sports timing company in the world, Sportstats, was on site with RACE RESULT timing technology to provide runners and spectators with live race results and mile splits. The...
May 10, 2022
Antarctica Marathon® Race Directors Join Oceanites Board of Directors
Boston, MA (May 10, 2022) /ENDURANCE SPORTSWIRE/ - Marathon Tours & Travel (MTT) is pleased to announce that Founder/CEO Thom Gilligan and President Jeff Adams were elected to the Board of Directors of Oceanites – a research based nonprofit organization focused on the effects of climate change and tourism on...
May 9, 2022
Orbea sets lofty 2022 target on the back of investments
Orbea has issued an operational update on its progress, within which the company revealed a sixth consecutive year of growth and a sales revenue of €282 million. Driven largely by exports, worth some 80% of the Basque firm’s trade, Orbea recorded a €40.7 million post-tax profit, which has bolstered the...
May 9, 2022
ShowcasedBOA Technology Dials In New Marketing Campaign, Expanding Consumer Outreach
Denver, CO (May 9, 2022)/ENDURANCE SPORTSWIRE/ –BOA® Technology – makers of the BOA Fit System – dials in new global brand campaign, as it expands its marketing to speak more directly to consumers. The campaign focuses on pioneering athletes across the brand’s key segments – snowboarders, road cyclists, trail runners, downhill...
May 6, 2022
Adidas, Pummeled by China Lockdowns, Offers Weak Guidance
Adidas is the latest global retailer to report headwinds to its business due to lockdowns in China. The German athletic-wear brand on Friday reported that currency-adjusted sales in Q1 dropped by 3% to 5.3 billion euros ($5.58 billion). Net income dropped 38%, to 310 million euros ($327.8 million). Footwear News
May 6, 2022
Fox Factory adds 34.4% revenue in Q1, raw materials stocked up
Fox Factory has continued to add significant gains to its revenues, posting a Q1 growth of 34.4%, worth $378 million, versus $281.1 million in the same period last year. The results again represent record takings for the suspension giant, which recorded a 22.8% gross profit of $120.3 million despite a...
May 6, 2022
Nike to Close Offices Again For a Week in August, Offer Summer Fridays, As It Brings Employees Back Into the Office
Nike is continuing its efforts to emphasize employee well-being as it starts the process of bringing employees back into the office. The sportswear giant will once again close all of its offices worldwide for a week in August to give its employees additional time off to recover and rest, according...
May 6, 2022
Under Armour Shares Plummet as It Reports Steep Net Loss
Under Armour reported a net loss of $60 million in the quarter, with an adjusted loss of $3 million. But revenue was up 3% year-over-year to $1.3 billion. Wholesale was up 4% to $829 million, driven primarily by increases in its distributor and off-price business. Direct-to-consumer business was up 1%,...
May 5, 2022
United Sports Brands Acquires Iconic Cycling Brand PEARL iZUMi
FOUNTAIN VALLEY, CA and LOUISVILLE, CO (May 5, 2022) /ENDURANCE SPORTSWIRE/ - United Sports Brands (“USB”), a global leader in sports performance and protective products, today announced that it has acquired PEARL iZUMi USA (“PEARL iZUMi”), an iconic manufacturer and retailer of cycling apparel and accessories. PEARL iZUMi will join...
Follow us on
