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 24, 2022
Elite Cycling Announces WorldTour Team Sponsorships for 2022
FONTANIVA, ITALY, February 24th, 2022 /ENDURANCE SPORTSWIRE/ - Elite Cycling is pleased to announce their roster of sponsored WorldTour cycling teams for the 2022 race season. The list of top-WorldTour teams who will be making use of the Elite ecosystem of cycling products includes team INEOS Grenadiers, and UAE Team...
February 23, 2022
Under Armour Announces a $500 Million Share Repurchase Program
Under Armour, Inc. (NYSE: UA, UAA) today announced that its Board of Directors has authorized the repurchase of up to $500 million of Under Armour’s outstanding Class C common stock, effective immediately. “We believe this share buyback program provides an excellent opportunity to deploy cash and enhance shareholder value without compromising the financial flexibility necessary...
February 23, 2022
Two Years After Ahmaud Arbery’s Murder, the Running Industry is Slowly Changing
Almost two years ago, thousands of people around the world vowed to “finish the run” in memory and in honor of Ahmaud Arbery, the 25-year-old Black man from Brunswick, Georgia, who was murdered on February 23, 2020, by three white men who chased him down in a pickup truck and...
February 23, 2022
Wolverine Delivers Revenue Growth of Nearly 25% in Q4 as Merrell, Saucony Hit 2021 Sales Records
Wolverine Worldwide reported strong fourth quarter and fiscal 2021 results as the footwear conglomerate faced supply chain challenges head on. The company – which owns Merrell, Saucony, Sperry, Keds and more – saw revenues of $635.6 million in the fourth quarter of 2021, up 24.7% versus the prior year. As...
February 23, 2022
New riders focus of unique collaboration between Decathlon and Schwinn
MADISON, Wis. /ENDURANCE SPORTSWIRE/ - Schwinn, a brand of Pacific Cycle, Inc., and Decathlon, the world’s largest sporting goods retailer, announce a new partnership designed to introduce the next generation to the joys and fun of bike riding. The unique collaboration between two industry leaders will allow Schwinn bikes to...
February 23, 2022
Naboso Announces Brian Roberts as Director of Sales
Chandler, AZ -- February 23, 2022 /ENDURANCE SPORTSWIRE/ - Naboso, a global leader in sensory and recovery products, announces the addition of Brian Roberts as Director of Sales. Brian brings over 25 years of experience in running specialty, retail ownership and sports sales and marketing. Most recently, Roberts was the National Sales...
February 22, 2022
Brooks Is Now a Billion-Dollar Brand
The running brand broke sales records in 2021 and ended the year with global revenue in excess of $1.11 billion, marking a 31% percent increase from 2020. In North America, revenue was $889.1 million, representing a 33% growth from 2020. The company’s e-commerce channels in North America grew 149% compared to...
February 21, 2022
Wattbike to Launch Podcast: ‘Push Your Peak’ Presented by Louise Minchin
/ENDURANCE SPORTSWIRE/ - Push Your Peak is a podcast series for athletes who don’t know their limits. In this new series, journalist and athlete Louise Minchin sits down with superhumans who have done extraordinary things to learn what it takes to push beyond mental and physical boundaries and to give...
February 21, 2022
Harley-Davidson report $41.3 million in e-bike sales is just the start
As part of it’s yearly financial reporting, Harley-Davidson has disclosed that the LiveWire brand, which it launched in 2019 with an electric motorcycle of the same name, made $41.3 million from children’s e-bicycle sales across 2019, 2020, and the first 3 quarters of 2021. Cycling Industry
February 20, 2022
Race Day Events Partners with Cellcom Green Bay Marathon
Green Bay, WI /ENDURANCE SPORTSWIRE/ - Race Day Events, an established endurance event management company, has partnered with the Cellcom Green Bay Marathon providing its event management and operations. The partnership comes at a time when RDE is preparing for another breakout year in 2022. “We could not have asked for...
