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.
June 4, 2021
Bicycle industry sees first stock exchange index tracker
Set to launch on the Frankfurt stock exchange on the 21st of June, the bicycle industry will get its first stock exchange index tracking 20 of the trade’s largest listed names. The index management will be handled by asset management firm Daubenthaler and the index will be called BeneFaktorIndex® Bike. Cycling Industry...
June 4, 2021
Alvernia University Becomes First Pennsylvania School to Add Varsity Women’s Triathlon
COLORADO SPRINGS, Colo.— USA Triathlon, along with Alvernia University Director of Athletics and Recreation Bill Stiles, today announced that Alvernia University in Reading, Pennsylvania, will become the 37th school in the nation and the first in Pennsylvania to offer women’s triathlon at the varsity level. The NCAA Division III team...
June 4, 2021
J&A Racing partners with MarathonFoto to capture athletes’ images at the J&A Racing series of races as their official race photography provider.
J&A Racing is welcoming back live events. Runners will be welcomed back to the start line with photos from MarathonFoto. J&A Racing has partnered with MarathonFoto to provide participants images across their entire series of races. The series starts with MSP Big Blue 5K in August, the Bayport Foundation Crawlin Crab...
June 3, 2021
Lululemon first-quarter sales rise 88%, topping estimates, as store traffic rebounds
Net income grew to $145 million, or $1.11 per share, from $28.6 million, or 22 cents per share, a year earlier. Excluding one-time charges, Lululemon earned $1.16 a share, better than the 91 cents per shares that analysts estimated. Revenue rose to $1.23 billion from $652 million a year earlier. That...
June 3, 2021
USA Triathlon Unveils Refreshed Membership Hub with New Features, Increased Functionality
COLORADO SPRINGS, Colo.— USA Triathlon today unveiled its new Membership Hub, a completely refreshed online portal for USA Triathlon members and key constituents. The hub features increased reliability and ease of use, an all-new suite of tools and significantly enhanced search functionality — giving athletes, race directors, coaches, clubs, officials...
June 3, 2021
KINeSYS Sunscreen Partners with The RiderBox
Leaders in performance sunscreen, KINeSYS, are excited to be partnering with The RiderBox throughout June and July. The RiderBox is the #1 subscription box for cyclists, providing a regular supply of products to enhance active lifestyles. “The popularity of cycling has exploded during COVID. More time in the saddle means...
June 2, 2021
World Bicycle Relief Announces Second Annual Pedal to Empower Ride
Indianapolis - June 2, 2021 - World Bicycle Relief’s signature ride, Pedal to Empower, returns for a second year this Saturday, June 5 2021. The event aligns with World Bicycle Day on June 3 to internationally celebrate the bicycle as a symbol of human progress and advancement, and World Bicycle...
June 2, 2021
UCI pushes forwards with sustainable development strategy
The Union Cycliste Internationale (UCI) has approved key components of its sustainable development strategy, with guidelines and targets. The UCI’s sustainability guidelines aim to provide practical information on key aspects of sustainability for all its stakeholders – which include its 197 national federations, event organisers and teams – so they can...
June 2, 2021
HOKA ONE ONE® Strengthens Leadership Team with New Hires
(Goleta, Calif.) June 2, 2021 – HOKA ONE ONE®, one of the fastest-growing footwear and apparel brands in history, announces the hiring of two key leadership positions. With roughly four decades of collective experience in the footwear and outdoor industries, these new team members will deepen the brand’s expertise in...
June 2, 2021
CamelBak® Partners With Unlikely Hikers
PETALUMA, Calif. (June 2, 2021) – CamelBak®, the global leader in award-winning personal hydration products, announces a new partnership with Unlikely Hikers, an outdoor community that features underrepresented people in the outdoors. Together, the organizations will continue to support diversity, anti-racism and body positivity in the outdoors through community events, ambassadors,...