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.
April 21, 2022
Trek buys 21 Florida based stores as retail landscape continues to change
It has been reported that Trek Bicycle Corporation has purchased 21 Orlando, Florida-based stores which make up the David’s World Cycle group. Bizjournals.com reports that an April 8th email from owners David and Yvette Sanborn, to customers, confirmed the transaction, with the David’s World Cycle’s website also addressing their customers...
April 21, 2022
Atlanta Track Club Appoints Two to Leadership Team
ATLANTA – April 21, 2022/ENDURANCE SPORTSWIRE/ – Atlanta Track Club added two new members to its leadership team today when it announced the promotion of two veteran Club employees. Jennie Coakley will serve as the Club’s Director of Events overseeing a portfolio of more than 25 road races, marathons, and cross...
April 21, 2022
Kane Footwear releases ocean-inspired Revive to celebrate Earth Day
Westport, CT (April 21, 2022) /ENDURANCE SPORTSWIRE/ - Kane Footwear, the footwear brand promoting health for your body and the planet, released a limited edition Tropic/Dark Earth Speckle colorway to celebrate ocean health and their commitment to sustainable practices. The lifecycle of Kane’s flagship Revive slip-on – from harvesting the...
April 20, 2022
Fitr Training Closes SaaS Fit Tech Fundraising Round at $1,200,000 to Fuel Further Expansion
Fitr Training, the global SaaS business which provides unique all-in-one remote coaching software, announces the closing of its highly anticipated, oversubscribed fundraising round at $1,200,000. The additional cash reserves provide liquidity for the business to further increase its active user base, develop additional functionality within the platform, and increase staffing...
April 20, 2022
Duquesne University Becomes 10th NCAA Division I School to Add Varsity Women’s Triathlon
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ – USA Triathlon, along with Duquesne University Vice President of Athletics Dave Harper, today announced that Duquesne University in Pittsburgh, Pennsylvania, will become the 10th NCAA Division I program to offer women’s triathlon at the varsity level. The team will begin competing in fall 2023. Duquesne...
April 20, 2022
lululemon Announces Five-Year Growth Plan to Double Revenue by 2026 to $12.5 Billion
Leveraging its proven formula and supported by the Company’s commitment to its Impact Agenda, the Company plans to double its 2021 revenue of $6.25 billion to $12.5 billion by 2026. Businesswire
April 20, 2022
TrainingPeaks Announces Three New Partnerships with National Governing Bodies
Louisville, Colo., April 20, 2022/ENDURANCE SPORTSWIRE/ – TrainingPeaks, a global leader in providing smart and effective digital training solutions for athletes and coaches, announced partnerships with Cycling Canada, the Singapore Cycling Federation and Danish Athletics. TrainingPeaks is now partnered with 30 National Governing Bodies (NGBs) around the world, including long-standing agreements...
April 19, 2022
Speculation On Potential Athleta Spinoff Returns
Speculation that Gap, Inc. could explore a spinoff of its Athleta brand has returned. Speculation about the spinoff first arrived in July 2021 after the Wall Street Journal reported that Fabletics was looking to hire banks for an initial public offering that would value the Kate Hudson-founded Fabletics women’s activewear...
April 19, 2022
A New Earth Project Creates Coalition to Stop Plastic Pollution
LAGUNA BEACH, Calif. – April 19, 2022 /ENDURANCE SPORTSWIRE/ Today, A New Earth Project, a coalition of outdoor enthusiasts, industry-leading brands, and innovative packaging suppliers, announced the launch of its global effort to create, scale, and advocate for sustainable packaging solutions to help eliminate plastic pollution from the world’s oceans,...
April 15, 2022
Amy Scheuneman Named P3R’s Youth Programming Director
PITTSBURGH (April 15, 2022) /ENDURANCE SPORTSWIRE/ - P3R announced today that Amy Scheuneman has been named the organization’s youth programming director, effective June 1. Scheuneman brings more than 20 years’ experience in sports and youth program management to the P3R team. For the past two years, she has served as...