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.
July 28, 2021
Garmin Q2 Earnings and Revenues Beat Estimates
Garmin posted revenues of $1.33 billion for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 23.87%. This compares to year-ago revenues of $869.87 million. The company has topped consensus revenue estimates four times over the last four quarters. Yahoo Finance
July 28, 2021
Feisty Media Launches Menopause Summit to Disrupt and Transform the Conversation Around Menopause.
Victoria, BC— July 28, 2021. Feisty Media is producing a hybrid conference focused on helping active, performance-minded women thrive during their menopausal years. The Feisty Menopause Summit will combine presentations from knowledgeable educators with a fun, feisty vibe, ultimately building a community of women who are ready to change the...
July 28, 2021
Supersapiens Bolsters Executive Team with Industry Leaders Howard Zisser and Robby Ketchell
ATLANTA, 28 July 2021– Supersapiens, the world’s imminent energy management system for performance athletes, powered by Abbott’s Libre Sense Glucose Sport Biosensor, welcomes world-renowned experts Howard Zisser, MD, and Robby Ketchell. The US-based company recently finished its most recent funding round attracting more than $13.5 million from around the world...
July 27, 2021
Fabletics launches resale program
Fabletics is the latest retailer to delve into resale as the trend proves to be attractive to sustainability-minded consumers. And, like many other apparel retailers, Fabletics is partnering with ThredUp's resale-as-a-service platform to power the logistics. RetailDive
July 27, 2021
Hyperice Enters the Mental Wellness Space With Acquisition of Core; Creates a New Mind Technology Division to Evolve Hyperice’s Focus Beyond Physical Wellness
IRVINE, Calif.--(BUSINESS WIRE)--Hyperice, the industry leader in recovery technology and pioneer of percussion, vibration, dynamic air compression and thermal technology, today announced the acquisition of Core, a mental wellness company that invented the first meditation training device and app of its kind. The acquisition highlights Hyperice’s commitment to mental wellness as...
July 27, 2021
Asics Invests In Insole Maker
Asics has taken an unspecified stake in healthcare startup, Japan HealthCare Co., Ltd., which makes custom insoles working from photos of feet taken by smartphone. SGBMedia
July 27, 2021
Velocity Indoor Cycling App Announces Partnerships with Sebastian Weber and INSCYD
Highland Park, Illinois, July 27, 2021 - Vision Quest Velocity LLC, a performance-driven cycling app, has added Sebastian Weber of INSCYD GmbH, to join founder and former professional cyclist Robbie Ventura as Metabolic Integration and Training Consultant. The addition of Weber and the partnership with INSCYD brings together state-of-the-art metabolic...
July 27, 2021
National Forest Foundation and U.S. Forest Service Finalize 20-Year Master Stewardship Agreement
Missoula, MT (July 27, 2021)- The National Forest Foundation (NFF), a congressionally-chartered nonprofit, finalized a 20-year Master Stewardship Agreement (MSA) with the U.S. Forest Service, Tahoe National Forest (TNF), and Lake Tahoe Basin Management Unit (LTBMU). This is the first 20-year MSA between the NFF and the Forest Service, and...
July 27, 2021
Shimano earnings up; bike division not impacted by part shortages
Shimano only briefly mentioned the global bicycle part shortages in a typically terse first-half financial results announcement, which reported that sales in its bicycle product division were up 73.4% in the first half of its fiscal year, compared to the same period in 2020. Operating income in the bicycle division...
July 27, 2021
USA Cycling Inclusion Conference Slated for September 10-11, 2021
July 27, 2021 (COLORADO SPRINGS, CO) - USA Cycling, in conjunction with industry partners, sports advocates, and inclusivity experts, have set September 10 and 11 for the inaugural Cycling Inclusion Conference. The target audience for the conference is cycling industry representatives, with a view to educate, inform and collectively stand...