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 7, 2022
Pro Triathlete and Paralympic Guide Jillian Elliot Joins Team MPI Coaching Team
Boise, ID (February 2022) /ENDURANCE SPORTSWIRE/ - Team MPI is thrilled to welcome professional triathlete and paralympic guide Jillian Elliot to the coaching team! Jillian brings a wealth of experience racing around the world. During her professional career, she specialized in non-drafting Olympic distance races. Jillian enjoyed great success in...
February 5, 2022
Amazon is exploring offer for Peloton, source says; report says Nike also weighing bid
Peloton Interactive Inc (PTON.O) has drawn interest from potential buyers including e-commerce giant Amazon.com Inc , according to a person familiar with the matter, as the exercise bike maker struggles to maintain pandemic-fueled growth. Shares of Peloton surged 30% in extended trading on the news, which comes days after activist...
February 3, 2022
Withings Acquires 8fit
Withings announced the acquisition of 8fit, the health, fitness and wellness app. Available in six languages, its offerings include workouts, customized meal plans and self-care to users. This news follows last month’s announcement of Withings’ acquisition of Impeto Medical, a specialist in R&D, manufacturing, and distribution of medical devices for...
February 3, 2022
Hoka and Ugg Help Deckers Deliver Its Largest Quarter Ever
Deckers Brands delivered its largest quarter in history for the third quarter of 2022 despite ongoing supply chain issues and a slowdown in its Sanuk and Koolaburra brands. The footwear conglomerate – which also owns Hoka, Ugg, and Teva – reported a revenue increase of 10.2% to $1.188 billion in...
February 3, 2022
Skechers Just Had Its Best Year Yet, Thanks to DTC Sales and a Strong Supply Chain
The fast-growing comfort focused footwear brand managed to break four quarterly sales records throughout the year and set a new record for full year sales in 2021 at $6.29 billion. In the fourth quarter, Skechers unveiled sales of $1.65 billion, marking a year over year increase of 24.4%. Net earnings...
February 3, 2022
ASICS Ventures Invests In RUN. EDGE. Limited, A Provider Of Video Search And Real-Time Analytics Services In Sports And Enterprise Field
RUN. EDGE is a startup company, which was carved out of Fujitsu Limited in June 2018. With the mission of "Creating new experiences through video and technology”, RUN. EDGE provides video search and real-time analysis platforms in the sports and enterprise fields including education. ASICS
February 3, 2022
Peloton’s Bikes Spur Effort by NordicTrack Maker to Bar Imports
NordicTrack maker iFit Health & Fitness Inc. filed a U.S. trade complaint seeking to block imports of Peloton Interactive Inc.’s stationary bikes, escalating a dispute over home-fitness equipment and adding to Peloton’s woes. Bloomberg
February 3, 2022
Connected Training App The Breakaway Raises $2.9M To Help Athletes Push Their Limits
Truckee, CA /ENDURANCE SPORTSWIRE/ - On the heels of completing Y Combinator’s 2021 Summer Batch, The Breakaway, has announced the closing of its seed funding round. The Breakaway uses the power data that riders generate on regular indoor or outdoor rides to create personalized assessments, workouts and challenges that help...
February 2, 2022
Asics Raises Outlook For The Year
Asics Corp. in a regulatory filing increased its sales and earnings guidance for its year ended December 31. The Japanese-based company cited a better-than-expected performance in Performance Running and Core Performance Sports, as well as in Europe and Greater China. SGB Media
February 2, 2022
Predictive Fitness, InsideTracker Join Forces to Deliver Personalized Nutrition and Training Insights to Triathletes
SOUTHLAKE, TX /ENDURANCE SPORTSWIRE/ - Predictive Fitness, makers of TriDot, today announced a partnership with InsideTracker, the leading truly personalized performance and nutrition system, which will enable users to further optimize results with science-backed insights and recommendations based on blood, DNA and fitness tracker data. As part of the partnership,...
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