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.
February 15, 2022
ALL KIDS BIKE® Taps SPEC PR for Marketing Communications Support in 2022
February 15, 2022 – Rapid City, S.D. /ENDURANCE SPORTSWIRE/ - ALL KIDS BIKE® a nationwide movement of the Strider Education Foundation, and SPEC PR, a public relations agency specializing in outdoor recreation, have teamed up again in 2022 to raise awareness for the ALL KIDS BIKE® mission to teach every...
February 14, 2022
New Peloton CEO Not Interested In Sale
New Peloton CEO Barry McCarthy said the company has big plans, but they don’t involve a sale. The connected fitness giant had reportedly drawn interest from Amazon and Nike, who saw opportunity in Peloton’s depressed stock price. The company has lost around 77% of its value over the last 12...
February 14, 2022
Peter Woods steps down as president and CEO of Dorel Sports
Peter Woods has stepped down as president and CEO of Dorel Sports, Bicycle Retailer & Industry Newshas reported. The decision was mutually agreed on, according to a Pon Holdings release, and Woods will continue working for Pon.Bike as a special advisor until the end of the year. In this role,...
February 14, 2022
Lake Superior State University Becomes 39th School to Add Varsity Women’s Triathlon
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ - USA Triathlon, along with Lake Superior State University Director of Athletics Dr. Dave Diles, today announced that Lake Superior State University in Sault Ste. Marie, Michigan, will become the 39th school in the nation to offer women’s triathlon at the varsity level. The NCAA...
February 13, 2022
Peloton’s Ride to Greatness Is Now an Uphill Battle
Blackwells, which owns a collective 5% of Peloton, has been outspoken about its misgivings regarding Peloton’s management. Over the past year, Peloton has seen its share price erode roughly 76% amidst myriad issues ranging from the supply chain to pricing to safety. The cumulative mishaps seemingly came to a head...
February 11, 2022
Under Armour Reports $1.53B In Q4 Revenue
With a net income of $109.7 million, Under Armour saw revenue increases across the globe during the quarter, with help from higher prices of hoodies and leggings. North American revenue jumped 15% to $1.1 billion, with international revenue growing 3% to $461 million. Despite accessories sales falling 27% to $107 million, apparel grew...
February 11, 2022
Kane Footwear Welcomes Hilary Knight to Athlete Team
Westport, CT (February 11, 2022) /ENDURANCE SPORTSWIRE/ - Kane Footwear is thrilled to announce a partnership with USA Hockey forward Hilary Knight. Kane seeks to enhance athlete performance by providing a comfortable, supportive recovery footwear option for pre-and-post game. Knight was a perfect partner for Kane, as someone who recognizes the...
February 11, 2022
Elite Distance Runner Kate Sanborn signs agency contract with Elite Runner Management
/ENDURANCE SPORTSWIRE/ - Kate Sanborn, an Olympic Trials qualifier and 2:33 marathoner, has signed an agency contract with Elite Runner Management (ERM), the Michigan based sports agency headed by Chris Mengel. It was also announced today that Sanborn will be sponsored by Tracksmith, the Boston-based independent running brand. “It’s a...
February 11, 2022
US Trail Running Conference Webinar Provides Path to Carbon Neutral Trail Races
Estes Park, CO /ENDURANCE SPORTSWIRE/ - The first webinar in a seven-webinar series produced by the US Trail Running Conference and presented by Marathon Printing, the leading producer of custom printed items for endurance sports, was live on Thursday, February 3. The session subject that opened the eagerly awaited series...
February 10, 2022
Porsche acquires minority interest in Fazua e-bike drive system brand
Porsche announced Thursday plans to acquire a 20% stake in the German e-bike drive system manufacturer Fazua GmbH and also will partner with Pon Holdings' Ponooc Investment B.V. Bicycle Retailer