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.
October 28, 2020
Garmin (GRMN) Q3 Earnings and Sales Beat Estimates, Up Y/Y
GRMN has reported third-quarter 2020 pro-forma earnings of $1.58 per share, beating the Zacks Consensus Estimate by 56.4%. Moreover, the bottom line improved 24.4% on a year-over-year basis and 73.6% sequentially. Net sales were $1.11 billion, which surpassed the Zacks Consensus Estimate of $907.4 million. The figure increased 19% from...
October 28, 2020
Nelson joins Grandma’s Marathon as Program Director
(DULUTH, MINN.) --- Grandma’s Marathon-Duluth, Inc. is pleased to announce the hiring of Alivia Nelson as its new Program Director, effective immediately. Among her primary responsibilities will be overseeing Grandma’s Marathon’s sustainability initiative, volunteer coordination, and kids programming throughout the year. She will provide marketing and administrative support and assist...
October 28, 2020
Running USA Launches 2020 Global Runner Survey
(October 28, 2020) – Running USA, the non-profit trade organization for the sport of running, has revamped and rebranded its annual runner survey, which will now be global. Running events and businesses of all kinds, worldwide, are encouraged to share the survey for widest possible response. The 2020 survey edition...
October 27, 2020
Triathlon Apparel Brand HUUB Secures Pre-Launch £575,000 Crowdfunding After 681% Sales Lift
The British triathlon apparel brand secured the investment in a 48-hour private launch ahead of the public release of a crowdfunding campaign on Oct. 28. HUUB had set a minimum target of £250,000 on the Crowdcube platform and blew past this within hours. Read more on Forbes.
October 27, 2020
Running Tour Company Expanding Across U.S.
October 27, 2020 – Nashville Running Tours, a tour operating company based in Nashville, Tennessee specializing in running and walking tours, has rebranded to Running Tours USA and is expanding operations to markets across the United States. In addition to Nashville, Running Tours USA will be setting up operations in...
October 27, 2020
RunSignup’s Geographic Shipping Feature Expands Virtual Race Opportunity
Moorestown, NJ – RunSignup | GiveSignup, the leading all-in-one platform for in-person and virtual endurance events, unveiled a new shipping charge feature to help race directors manage the cost of shipping internationally. As the virtual event market has grown throughout 2020, races have found themselves with a new opportunity: international...
October 27, 2020
Sea to Summit Announces New Highly-Anticipated Tent Lineup for Spring 2021
Boulder, CO (October 27, 2020) — Sea to Summit, the globally recognized adventure equipment brand headquartered in Perth, Western Australia, is pleased to announce the company’s entry into technical backcountry tents. Following more than three years of rigorous research and design, Sea to Summit will be releasing two lightweight tent...
October 27, 2020
Phelps Brand Ninja Goggle Now Available Worldwide
VISTA, Calif. October 27, 2020 — Phelps Brand, a global swim brand offering best-in-class, innovative swim products, today announced its all-new Ninja competition goggle is now available worldwide. The latest evolution of the Phelps Brand’s top-of-the-line competitive racing goggle, the Ninja offers swimmers the ultimate high-performance racing goggle on the...
October 26, 2020
TRUE Communications Builds Leadership Team
(Sausalito, CA — 26 October 2020) Integrated communications agency TRUE Communications recently announced a series of promotions to better service their rapidly expanding roster of clients and suite of services. TRUE has promoted Peter Nicholson to Partner, Greg Fisher to Partner, Garin Fons to Vice President, Marketing & Strategy, and...
October 26, 2020
Thule rides bike boom to 45% growth in Q3
Sales for the third quarter ending in September were SEK 2,436 million ($278 million), up from SEK 1,682 million ($192.1 million) from the third quarter 2019. The COVID-19 pandemic caused Thule's sales to decrease 4.9% in the first quarter and 11.6% in the second quarter. Read more on Bicycle Retailer.