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.
February 18, 2021
Planet Fitness: 4Q Earnings Snapshot
Planet Fitness Inc. reported fourth-quarter profit of $8.7 million. On a per-share basis, the company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 17 cents per share. Revenue was $133.8 million in the period, and for the year, the company reported a loss of $15...
February 18, 2021
Sports Media Embraces Paywall Trend. Paywalls
Paywalls, which only grants access to a site to users who have paid to subscribe, have been posited as a potential savior for media outlets in a volatile industry. A reported 76% of U.S. newspapers had paywalls in 2019, up from 60% two years earlier. Front Office Sports
February 18, 2021
The Tokyo Olympics Appoint Seiko Hashimoto As Chief
The Tokyo Olympics are making a major statement in Japan - they’ve put a woman in charge, right after former chief Yoshiro Mori resigned last week following scrutiny over sexist remarks. Seiko Hashimoto, a former Olympic bronze medalist in speedskating, was appointed as the new president of the Tokyo Olympic...
February 18, 2021
Jack Wolfskin Appoints Will Lachenauer As New Sales Representative
Park City, UT (Feb 18, 2020) — Jack Wolfskin, a globally recognized performance apparel and gear manufacturer centered on sustainability, is pleased to announce a new addition to the North American sales team, Will Lachenauer. Lachenauer, the founder of the LG3 sales agency, will be in charge of retail sales...
February 18, 2021
Latest Fitness Tech EnvisionBody Connected Fitness Reveal Washington Post
TAMPA BAY, Fla., Feb. 18, 2021 / Salina Ray, owner of EnvisionBody was interviewed by The Washington Post regarding edgy AR/AI technology and fitness. Dalvin Brown, innovations reporter for the Washington Post, wrote, Imagine burning calories on the latest, trendy stationary bike to tackle your New Year’s fitness resolutions. Your...
February 18, 2021
Professional Triathletes Organisation announces appointment of Christophe Balestra as Chief Technology Officer
LONDON, ENGLAND: The Professional Triathletes Organisation today announced that it has appointed Christophe Balestra as its Chief Technology Officer to lead the PTO’s technical operations. Balestra’s focus will be the integration of the latest innovations in sports broadcast technologies to PTO broadcast platforms. Balestra spent 10 years as Co-President of...
February 18, 2021
VF Corporation appoints Jan Van Mossevelde as Global Brand President, icebreaker®
DENVER –February 18, 2021– VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced the appointment of Jan Van Mossevelde to the position of Global Brand President, icebreaker®. Van Mossevelde will be based in the brand’s home market of Auckland, New Zealand. He will...
February 18, 2021
Hyperice Announced as Official Recovery Partner of Colnago Gran Fondo National Series
(Gettysburg, PA – February 18, 2021) The Colnago Gran Fondo National Series today announced a strategic partnership with Hyperice, the leader in recovery and performance technology and innovators of percussion, vibration, and thermal technology. Through education and access to Hyperice products, the partnership will enhance athlete performance and experience at...
February 18, 2021
Race Day Events is Heading East with Acquisition
Race Day Events based in Fitchburg, WI is happy to announce the acquisition of a portfolio of events and timing operations from Endurance Evolution. According to Ryan Griessmeyer, President of Race Day Events, “We have known Joel for a while, when he approached us about joining forces, we were very...
February 17, 2021
January retail sales show strong increase
Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020’s record holiday season carried over into the new year, according to the National Retail Federation. Shop Eat Surf