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.
December 22, 2021
Believe in the Run and PUMA Partner On Activation of the Fast-R Nitro Debut
/ENDURANCE SPORTSWIRE/ - Believe in the Run, a media company centered on run and run culture, recently partnered with PUMA on a dual activation for the debut of PUMA’s newest racing shoe, the Fast-R Nitro Elite. The activation consisted of a shakeout run and live lunch podcast and took place...
December 21, 2021
Fitness Apps Market Could Be Worth $120.37B by 2030
According to a study by Allied Market Research, in 2020, the fitness apps market was worth a total of $13.78 billion, and the compound annual growth rate would be 24.3%. The study suggested that an increased awareness of “a healthy lifestyle” and “diet-related diseases,” as well as an increased use of devices...
December 21, 2021
Thousands of JD Group Stores To Sell ABG’s Reebok
Reebok, purchased by Authentic Brands Group in August, will now be sold in thousands of JD Group stores thanks to a new agreement between the companies. The non-exclusive deal comes after ABG announced plans to buy Reebok from Adidas for $2.46 billion — the acquisition is set to close in Q1 2022. JD Group, which...
December 21, 2021
Vietnam factory closures cause Nike to cancel 130M units
As a result of three months of closures and limited production volume as it ramped back up its factories in Vietnam, Nike had to cancel 130 million units. Despite the challenges, the company's net revenue in Q2 edged up 1% to $11.4 billion while net income grew 7% to $1.3...
December 21, 2021
Orbea licenses part of its shock integration technology to Canyon
Canyon will partially license Orbea's patented rear-shock lockout cable routing technology. Orbea's patent for the "Inside Line" covers improvements to the lockout routing, enhancing aesthetics and providing a more direct path between the shock and remote lever. BRAIN
December 21, 2021
BikeFlights Buck Up For Bikes Program Donates $16,000
PORTLAND, OR (December 21, 2021) /ENDURANCE SPORTSWIRE/ - BikeFlights has donated $16,000 to Trip for Kids (TFK), the National Interscholastic Cycling Association (NICA), Little Bellas and the International Mountain Bike Association (IMBA) from funds raised via its Buck Up for Bikes (BUFB) program throughout 2021. “It’s important to help support...
December 21, 2021
Road Runners Club of America Announces 2021 Roads Scholar® Grantees
Arlington, VA /ENDURANCE SPORTSWIRE/ - The Road Runners Club of America (RRCA) congratulates its 26th Roads Scholar® class of Aaron Albert, Aidan Reed, Tristin Van Ord, and Joshua Yeager. Since 1996, the RRCA has awarded $745,500 in grants that support aspiring professional U.S. runners. The goal of the program is...
December 20, 2021
Women Set the Pace/100 Challenge
Toronto, Canada /ENDURANCE SPORTSWIRE/ - Keep moving. Keep fit. Keep having fun. And be ready to rock the 2022 race season when the warmer weather hits! That’s the message that the Toronto Women’s Run Series wants to convey as it launches its newest and most unique challenge, the Women Set...
December 20, 2021
Cyclist and Cycling Electric acquired by London publisher Metropolis
Cyclist and sister title Cycling Electric have been acquired by London Publishing House Metropolis, which has also secured the assets of Fortean Times and VIZ from a holding group. Metropolis is largely a B2B publisher, hosting titles such as MotorTrader, New Civil Engineer, Property Week, Drapers and Money Marketing, among many others....
December 20, 2021
Inaugural Space Force T-Minus 10-Miler 2022 Date is Set
CAPE CANAVERAL SPACE FORCE STATION, FLA. /ENDURANCE SPORTSWIRE/ - The United States Space Force inaugural T-Minus 10-Miler will lift-off from Cape Canaveral Space Force Station next year, Dec. 10, 2022. This 10-mile race will be a part of the Space Force birthday celebration each year, and will take place surrounded...
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