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 8, 2021
Louis Garneau hopes to go public in 2 years, with assistance from e-bikes
Just a few months after emerging from Canada's equivalent to Chapter 11 bankruptcy, Louis Garneau Sports' president said his goal is to take the company public in two years. He's planning on e-bike sales providing a boost toward that goal. Bicycle Retailer
April 8, 2021
Vibram Announced Executive Leadership Changes
Eric Rosen, a 20-year veteran of the brand, will retire in April, and in conjunction with his departure, Vibram announces changes to its senior management team. SGB Media
April 8, 2021
The Shoes You Can Subscribe To
On Running, a shoe company affiliated with Roger Federer, is carving out a unique space among runners with a shoe you can swap out for a new pair whenever they get too run-down. Its new shoe, the Cyclon, is recyclable and made from castor beans. Castor oil, long used for medicinal...
April 8, 2021
Lance Armstrong’s son Luke arrested on sexual assault charges
The 21-year-old is accused of assaulting a 16-year-old girl in his father's home in 2018. Cycling News The affidavit, obtained by Texan television station KXAN, says that the then-18-year-old sexually assaulted a 16-year-old after a party in Austin in March of 2018. The girl reported the incident in November 2020, telling...
April 7, 2021
JBI back online in limited capacity after ransomware attack
Global wholesale distributor JBI was back online in a limited capacity Wednesday after a ransomware attack last week shut down its website. Bicycle Retailer
April 7, 2021
Planet Fitness Expands While Other Gyms Struggle
With 2,124 locations — 95% of which are run independently — Planet Fitness has stayed afloat through the pandemic and is now looking to open 100 new gyms, all while investing in advertising and its app. Front Office Sports
April 7, 2021
BUFF® Named Top Apparel Brand in 2020 Outdoor Sports Industry Performance Award by NPD Group
SANTA ROSA, California (April 7, 2021)- Buff, Inc., the U.S. subsidiary of BUFF®, creators of versatile performance headwear for all-season outdoor enthusiasts and athletes, was awarded an inaugural Outdoor Sports Industry Performance Award by the NPD Group. The award acknowledges the fastest-growing brands of 2020 across major outdoor categories in...
April 7, 2021
Brompton Bicycle Grows U.S. Footprint Despite Brexit, Supply Chain Impacts
NEW YORK – Brompton Bicycle, the London-based manufacturer of the iconic Brompton folding bike, opened its U.S. flagship store in the West Village just three years ago, but is thriving in the face of two major business-impacting events of the past year, Brexit and the worldwide supply chain bottlenecks tied...
April 7, 2021
Enhanced control over staff access
London, ON (Wed, April 07, 2021) - Race Roster’s staff access settings gives organizers the power to customize access settings for each member of their team, providing individualized access to exactly what each team member needs - no more, no less. “The Race Roster platform allows seamless collaboration for event...
April 7, 2021
Former Pro Cyclist Phil Gaimon and Friends Launch Preem TV On YouTube
(Los Angeles, CA) - Preem TV, a new content channel for cyclists of all abilities and interests, officially announces its launch on YouTube (link). The brainchild of the larger Preem team, Preem TV will be the home for cyclists to draw inspiration, information, and connection about their time on two...