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.
May 12, 2021
Marmot Chooses Joy Over Suffering
Rohnert Park, Calif. – Marmot wants the outdoor industry to stop selling suffering. It’s time to reach new consumers and celebrate the real reason we all go outdoors: fun and friends. Marmot has completely refreshed, revamped and reinvented the category. Their Spring 2022 line looks like nothing else in the...
May 12, 2021
Asics Sees Q1 Sales Climb 25 Percent
Asics Corporation reported sales rose 24.8 percent in the first quarter. Sales in the North America region rose 20.1 percent on e-commerce gains and the region returned to profitability. Gross profit increased 32.3 percent due to the impact of the increase in net sales as well as a decrease in...
May 12, 2021
Merrell, Saucony Lead the Way for Wolverine Even as Overall Sales Fall Short of Expectations
For the three months ended April 3, revenues rose 16.3% to $510.7 million, compared with analysts’ expectations of $511.8 million. By brand, sales at Merrell improved nearly 25%, while Saucony surged close to 60%. Footwear News
May 12, 2021
GSI Outdoors Launches Sustainability Partnership with Seatrees
Spokane, Wash. — GSI Outdoors today announced a partnership with SeaTrees, an ocean-positive project from the non-profit charity Sustainable Surf. GSI Outdoors has a goal to actively counterbalance its carbon emissions, and SeaTrees, an organization full of great people doing outstanding work to help reverse climate change, is a company that not only aligns...
May 11, 2021
USA Triathlon, Elk Grove Village Present 4 Star Endurance With Entrepreneur/Business Plan of the Year Award
COLORADO SPRINGS, Colo. — USA Triathlon and Elk Grove Village, an Illinois municipality and the organization’s Exclusive Entrepreneur Community, today announced that 4 Star Endurance, LLC, has been named as the first-ever recipient of the Elk Grove Village-USA Triathlon Entrepreneur/Business Plan of the Year Award. The inaugural award is one...
May 11, 2021
Nautilus Rides Home Fitness Boom To Record Results
Nautilus Inc. delivered record-breaking results for the second straight quarter to produce the highest revenue quarter in the company’s 35-year history. In the quarter ended March 31, revenue was up 120 percent to $206 million. In February, Nautilus provided guidance calling for growth of 55 percent to 75 percent. SGB Media
May 11, 2021
Jaybird Announces Partnership With U.S. Soccer Champion, Kelley O’Hara
PARK CITY, Utah — May 11, 2021 — Jaybird, a leader in wireless headphones for outdoor sports and fitness enthusiasts, today announced its partnership with professional U.S. soccer player, Kelley O’Hara. The two-time FIFA Women’s World Cup champion and Olympic gold medalist currently plays for the Washington Spirit in the...
May 11, 2021
Sun Valley Company Announces Pete Sonntag as Vice President and General Manager
Sun Valley, ID, (May 11, 2021)- Sun Valley Company announces the appointment of Pete Sonntag as Vice President and General Manager of Sun Valley Resort, effective June 7, 2021, reporting into Bruce Fery, CEO of Grand America Hotels & Resorts. In his new role, Sonntag will be responsible for all day-to-day...
May 11, 2021
Snowbasin Resort Announces Summer 2021 Schedule with Outdoor Fun for the Entire Family
Huntsville, UTAH (May 11, 2021) –Snowbasin Resort announced its summer 2021 schedule today with a lineup of fun for the entire family with outdoor adventures, mountain top dining and an outdoor concert series. The resort will officially kick off the summer season on June 12 with lift served hiking and...
May 10, 2021
TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science
TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that its partner company, Nuun (the “Company”), an innovative hydration supplement brand, has entered into an agreement to be acquired by Nestlé Health Science. Businesswire