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.
April 26, 2021
Mammut Enters a Sustainable Future With Telemos Capital
SEON, Switzerland (April 26, 2021) – Today, Swiss holding company Conzzeta has announced the full acquisition of Mammut by the financial investor Telemos Capital. Mammut will gain a new, strong partner in Telemos, who will support the Swiss outdoor company in the further development of its business model. Mammut will...
April 26, 2021
PTO taps IMG to help secure international broadcast deals
The IMG agency has been appointed to assist in distributing the global media rights to events organised by the Professional Triathletes Organisation (PTO). The three-year deal will initially focus on delivering global coverage and broadcast partnerships for this year’s Collins Cup, which will see 12-person squads from the US, Europe...
April 26, 2021
Pho3nix Athlete Program Expands Stable of Tokyo Bound Athletes
The Pho3nix Foundation has added a further eight athletes to their Athlete Program, assisting them on their journey to Tokyo 2021. Skateboarder Margielyn Didal (PHI), surfer Billy Stairmand (NZL), mountain bike cyclist Janika Loiv (EST), hurdler Yasmin Giger (SUI), sprinter Leni Shida (UGA), discus thrower Greg Thompson (GBR), artistic gymnast...
April 25, 2021
Outpouring of Support for Daniela Ryf as the World Champ Opens Up About Her Sexuality
In a sweeping interview, Ryf talks about loving a woman, splitting with her coach, and finding a new direction. Triathlete
April 23, 2021
Olympic Medalist Erin Hartwell Joins USA Cycling as National Sprint Director
COLORADO SPRINGS, Colo. – USA Cycling has brought on three-time U.S. Olympian Erin Hartwell to lead the National Track Sprint Program. Hartwell is a decorated track cyclist with two Olympic medals from Barcelona 1992 and Atlanta 1996 in the Men's 1000-meter Time Trial, making him the first American to medal...
April 23, 2021
Mammut Celebrates Earth Day with Protect Our Winters and ClimateUnited
(Williston, VT) April 22, 2021 – Mammut, premiere mountain safety and outdoor brand, announces new partnerships with Protect Our Winters (POW) and ClimateUnited as part of its ongoing commitment to sustainability. Mammut is dedicated to making meaningful and lasting connections within its company, across communities and around the world, united...
April 22, 2021
Peloton Spiraling Over Treadmill Safety
The connected fitness company is in hot water over injuries and a death related to its Tread+ treadmill. Following reports of 39 incidents, one fatal, related to the Tread+, the Consumer Product Safety Commission released a warning saying that the product is not safe for homes with children or pets....
April 22, 2021
Skechers’ Profits Surge In First Quarter
Skechers U.S.A., Inc. saw its earnings double in the fourth quarter as sales grew 15%. International Wholesale sales grew 23.8% while direct-to-consumer (DTC) sales jumped 18.1%. The company also predicted sales would advance about 26% in 2021. SGB Media
April 22, 2021
Sales in the Americas fuels Thule’s 46% net sales gain in Q1
Thule Group net sales for the first quarter of the year increased 46% year-over-year, which was helped by sales in the Americas that jumped 83% after currency adjustment. Sport and cargo carriers drove the Region Americas growth with bike product demand leading the way. Bicycle Retailer
April 22, 2021
Over 230 Companies Complete Climate Neutral Certification
San Francisco, CA (Apr 22, 2021) — Climate Neutral, an independent nonprofit that provides a climate neutral certification for businesses, is extremely proud to announce its largest-ever cohort of Climate Neutral Certified companies. More than 230 brands completed the rigorous certification process, overseen by Climate Neutral, to measure, offset, and...