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 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
February 10, 2022
Asics’ Revenues Climb 23 Percent In 2021
Asics reported that despite the effects of COVID-19, net sales increased 22.9 percent in its year ended December 31 due to strong sales in all regions, mainly driven by the Performance Running category and the Core Performance Sports category. The biggest regional gains were seen in North America, up 31.8...
February 10, 2022
Best Bike Split (BBS) Splits from TrainingPeaks
Austin, TX (Feb. 10, 2022) /ENDURANCE SPORTSWIRE/ - Best Bike Split was formed in 2013 with the idea of helping cyclists, triathletes and their coaches to find the fastest possible way to race any course on any day in any conditions. Since founding the company BBS algorithms and software have become...
February 10, 2022
Triathlon Stars Gather At Glitzy London Premiere Of Every Second Counts
/ENDURANCE SPORTSWIRE/ -The stars of triathlon turned out in London last night for the glitzy premiere of Super League’s new four-part documentary series Every Second Counts. Olympic gold medallists and Super League Triathlon (SLT) 2021 champions Georgia Taylor-Brown and Alex Yee were joined on the black carpet by the great...
February 10, 2022
RunVermont launches search for Executive Director
Burlington, VT /ENDURANCE SPORTSWIRE/ - RunVermont, a non-profit dedicated to promoting running as a life-long activity, today announced that, after leading the organization for 13 years, Peter Delaney will complete his run as executive director, and that it has launched a nationwide search for a new executive director. RunVermont organizes...
February 9, 2022
Thule Q4 net sales up 15%, full-year 33%
Thule Group's fourth-quarter net sales increased 15% year-over-year, with 2021 net sales rising 32.7%, despite rising costs for raw materials, freight prices, and COVID-19 employee absenteeism. Bicycle Retailer
February 9, 2022
Daniel Benson appointed as new Editor-In-Chief of VeloNews
VeloNews, a leader in cycling news, race results and bike reviews, and owned by Outside Interactive, has confirmed the appointment of Daniel Benson as the media title’s new Editor-In-Chief. In his new role, Benson will be responsible for running the global editorial team, commissioning content, enhancing WorldTour coverage, and expanding...
February 9, 2022
Shimano’s Sales Climb 45 Percent In 2021
Shimano, Inc. reported sales in 2021 increased 44.6 percent from the previous year to ¥546,515 million. Operating income increased 79.3 percent to ¥148,287 million, ordinary income increased 87.3 percent to ¥152,562 million, and net income increased 82.7 percent to ¥115,937 million. SGB Media
February 9, 2022
Private equity biz acquires drivetrain maker enviolo
Electric bike drivetrain specialist enviolo has been acquired by mid-market private equity business Inflexion in a deal said to be worth $245 million. In the news late last month, enviolo has just moved in to new Amsterdam and Zwolle premises in preparation for the next stage of growth. Transmission products,...