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 8, 2021
LEOMO partners with elite Tokyo International University Ekiden Club
Boulder, CO (July 8, 2021) — LEOMO Inc., a company that helps runners and triathletes of all levels improve their technique and form with products and direct-to-customer services that enable faster, stronger, more efficient, injury-free running, has signed a partnership agreement with the successful Tokyo International University Ekiden Club. Under...
July 8, 2021
The IRONMAN Group names Geoff Meyer Managing Director for Oceania
TAMPA, Fla. (July 14, 2021) – The IRONMAN Group is pleased to announce that Geoff Meyer has been named the company’s new Managing Director for Oceania. Meyer brings to the position a significant wealth of experience and knowledge through his almost 20 years in the mass participation sports industry working...
July 8, 2021
Asobi Ventures acquires majority stake in Cinelli and Columbus brands
Asobi Ventures has acquired a majority share in Gruppo Srl, the parent company of Italian bicycle manufacturer Cinelli and tube manufacturer Columbus. In partnership with Austin, TX-based Asobi Ventures, Cinelli and Columbus plan to expand their footprint with bike dealers globally while building on the foundations it has established in...
July 7, 2021
X2 Performance, a manufacturer of sports drinks and supplements, raised $16 million
Giants running back Saquon Barkley has joined Bucs linebacker Lavonte David and the NBA’s Kawhi Leonard as an investor in X2 Performance, the makers of non-carbonated energy drinks. Barkley’s investment comes as part of a $16 million Series D raise, led by previous investor L Catterton. The company started in...
July 7, 2021
Küat Racks Adds a Second Distribution Facility in Gardena, CA
July 7, 2021 (Springfield, MO)– Küat Innovations, Inc., a Springfield, MO based company, has added a second distribution facility in Gardena, CA, just 16 miles from the Port of Los Angeles and Port of Long Beach. This second distribution facility will add 8500 square feet of space and will allow...
July 7, 2021
The IRONMAN Group Welcomes Roshanie Ross as Chief Digital Officer
TAMPA, Fla. – The IRONMAN Group is pleased to announce the addition of Roshanie Ross as the company’s new Chief Digital Officer. With over 20 years of relevant experience, Ross will oversee the direct-to-consumer efforts, digital experience enhancement, and operation of the digital suite of products and platforms for the...
July 7, 2021
GiveSignup | RunSignup Closes Q2 with 8% Increase in Transaction Volume Compared to 2019
Moorestown, NJ – GiveSignup | RunSignup, the leading technology provider for fundraising and endurance events, closed out Q2 with encouraging signs of recovery and growth for both the company and their customers. With vaccination rates going up and reductions in event modifications, events re-emerged rapidly through the quarter, culminating in...
July 7, 2021
Leslie Jordan, Inc. Certified by the Women’s Business Enterprise National Council
[Portland, OR]—Leslie Jordan, Inc is proud to announce national certification as a Women’s Business Enterprise by WBEC Pacific, a regional certifying partner of the Women’s Business Enterprise National Council (WBENC). Leslie says, “Thanks for the warm welcome to WBENC. We are excited to connect with other women who have worked...
July 7, 2021
Kodiak Commits to Sustainability with “Built for What Matters” Initiative
Cambridge, Ontario, July 7, 2021– Kodiak, the 110-year-old Canadian boot brand, is taking steps to reduce its environmental footprint and improve sustainability through a new multi-year, multi-faceted initiative dubbed, Built for What Matters. The initiative kicks off with a focus on design and manufacturing, incorporating fewer, more sustainable materials and...
July 5, 2021
What’s Next for Peloton After a Rocky, Record-Setting Year
Peloton has beaten earnings estimates every quarter of 2021 so far. However, product issues and a crowded market pose new threats. Front Office Sports