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 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...
May 5, 2022
Peloton Reportedly Eyes Sale of Minority Stake to Bolster Finances: WSJ
Peloton is falling in afterhours trading Thursday as the connected fitness equipment maker is reportedly exploring the sale of a 15% to 20% stake to boost its finances, The Wall Street Journal reported, citing unnamed sources. Investing
May 5, 2022
Active Outdoor Consultancy, InGoodTaste, Protects Women’s Right To Choose By Reimbursing Employees Who Travel For Abortions And Related Treatment
The independent creative consultancy will provide reimbursement for travel expenses and related costs not covered by insurance to all employees and their partners who choose to seek abortion services elsewhere when they live in areas with restricted access or rights. /ENDURANCE SPORTSWIRE/ (San Francisco, CA) -- InGoodTaste, a consultancy working...
May 5, 2022
Union Home Mortgage and BibBoards, A Partnership that makes the Cleveland Marathon feel like Home
/ENDURANCE SPORTSWIRE/ - UnionHome Mortgage (UHM) is partnering with Bibboards to provide a unique sponsorship opportunity for the Cleveland Marathon. Marina Dieker of UHM says, "We are going to be handing out UHM BibBoards to the first 2,500 runners who come to packet pick up at the expo center. We went...
May 5, 2022
RunSignup Endurance Industry 2022 YTD Update
May 5, 2022 - Moorestown, NJ /ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration provider for U.S. endurance events, provides an YTD industry update. The company, itself, has experienced strong growth in registrations and new events being added to its platform. However, year-to-date data on a per race basis has revealed...
May 5, 2022
Seven Continents Club® Receives The Official Registered Trademark
Boston, MA (May 5, 2022)/ENDURANCE SPORTSWIRE/ – After years of litigation required to recognize and protect their innovative globally respected brand, Marathon Tours & Travel (MTT) officially received the registered trademark designation for its Seven Continents Club® (SCC). MTT established the SCC in 1995, when the inaugural Antarctica Marathon®& Half-Marathon made...
May 4, 2022
CycleBar Opens 250th Studio, Rides Past 500 Signed Agreements
CycleBar, the world’s largest indoor cycling brand, announced today it has opened its 250th studio and secured more than 500 franchise agreements, vastly increasing its reach amidst a global pandemic. Since being acquired by Xponential Fitness in 2017, CycleBar’s trajectory has been tremendous, further heightened by the boom in the...
May 4, 2022
Destination Sport Experiences to Become Official Travel Partner of England Athletics
/ENDURANCE SPORTSWIRE/ – Members of England Athletics can now take advantage of more benefits than ever before thanks to an exciting new partnership with Destination Sport Experiences. Catering for those who want to participate in the very best running, triathlon, and cycling events both nationally and internationally, the team at Destination...
May 4, 2022
CENTRED advances digital roadmap by partnering with SweatWorks
/ENDURANCE SPORTSWIRE/ – Leading travel and wellness brand CENTRED partners with digital tech agency SweatWorks, as they continue to drive technological innovation in the travel and wellness market. CENTRED is leading the way in the travel and wellness market by meeting the user exactly where they are. This partnership will...
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