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.
October 19, 2021
The Transformation of the Fitness Industry
While the pandemic drags on, club executives are trying to fully understand how fundamentally Covid-19 has transformed their industry, which generated $96.7 billion in global revenue in 2019. NYT
October 19, 2021
Scott Morris responds to SafeSport suspension and USA CRITS departure
Former USA CRITS managing director says newspaper clipping from 15 years ago - 'something I was found not guilty of' - was the cause for his SafeSport suspension. VeloNews
October 19, 2021
KOM Cycling Signs Deal with Bob Elliot & Co LTD, For UK Distribution
East Lansing, Michigan (October 19, 2021) /ENDURANCE SPORTSWIRE/ - With record numbers of people across the globe, KOM Cycling has been working to expand their distributor network, and they’ve found their ideal partners in Bob Elliot & CO Ltd, which boasts decades of relevant experience and the requisite network to maximize...
October 19, 2021
Aquasphere Launches Innovative R&D Hub to Supercharge Product Development and New Global Brand Ambition
SOPHIA ANTIPOLIS, France (October 19, 2021) /ENDURANCE SPORTSWIRE/ - Aquasphere, the premier swimming brand, has created an innovative new R&D Hub designed to maximize its product development and new global brand ambition by utilizing swimmers of all levels for research and development, marketing programs, and retail and merchandising solutions. Launching...
October 19, 2021
ShowcasedBikeFlights Makes It Easier To Ship E-Bikes
PORTLAND, OR (October 19, 2021) /ENDURANCE SPORTSWIRE/ - BikeFlights.com, a bicycle shipping service and bike box supplier, has just made it easier for individual cyclists and businesses to ship e-bikes within the contiguous U.S. “As more people have purchased e-bikes, the need to buy and sell as well as travel...
October 18, 2021
Peloton x Beyoncé Return With Largest Artist Series Ever
NEW YORK, Oct. 18, 2021 /PRNewswire/ -- Peloton (NASDAQ:PTON), the world's leading interactive fitness platform and Beyoncé, the most-nominated female artist in GRAMMY® history, announced today the newest installment of the Peloton x Beyoncé Artist Series launching October 19th, Peloton's most extensive Artist Series to-date. The Peloton x Beyoncé Artist Series will offer...
October 18, 2021
USA Crits teams and races withdraw after managing director dismissed over SafeSport ban
USA Crits teams L39ION and Aevolo Cycling have both announced that they won't compete anymore in the series, while partner races Boise Twilight Criterium and Tulsa Tough have both discontinued their association with the national series too, following the recent suspension regarding USA Crits' long-time managing director, Scott Morris over...
October 18, 2021
Spaero Triathlon Launches with State-of-the-Art Performance Gear and New Ambassador Team
Vista, CA. (October 18, 2021) Spaero Triathlon - a California-based advanced technical triathlon apparel brand formerly known as Wattie Ink, announces its new brand name, Spaero Triathlon, with a new line of advanced technical triathlon gear and robust ambassador team program. Headquartered in the birthplace of the sport, San Diego,...
October 17, 2021
Google’s Fitbit Purchase Under Regulatory Scrutiny
Google's $2.1 billion purchase of wearable company Fitbit, finalized in January, is under regulatory scrutiny in the U.S. and Australia. The company is appealing an antitrust fine from the European Commission regarding privacy issues about the tech giant’s huge store of consumer data. Front Office Sports
October 14, 2021
Mindbody Acquires ClassPass, Raises $500M
Wellness technology platform Mindbody has acquired subscription-based fitness marketplace ClassPass and secured a separate $500 million investment in the combined company from Sixth Street. Financial terms of the all-stock acquisition were not disclosed, though ClassPass was valued at $1 billion after a $285 million funding round in January 2020. FOS