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.
November 24, 2020
Athleta’s Q3 Sales Jump 35 Percent
Net sales were flat year-over-year at $4.0 billion, above Wall Street’s consensus estimate of $3.80 billion. The performance reflected a 61% increase in online sales, offset by a 20% decline in store sales. Notably, 40% of the company’s sales were online in the third quarter. Athleta operated 198 stores at...
November 24, 2020
CAKE Announces Collaboration with Northvolt
(Stockholm, Sweden – November 24, 2020) – CAKE, the Swedish manufacturer of lightweight electric performance motorcycles, today signed a letter of intent with the Swedish battery developer and manufacturer, Northvolt, to form a long-term partnership for the supply of sustainable battery cells for their line-up of electric motorcycles. With large-scale...
November 24, 2020
Team MPI Partners with Team HoldTheCarbs, Canada
Boise, ID (November 2020)–Team MPI is proud to announce their partnership with Team HoldTheCarbs as the organization launches a new triathlon and endurance sports team for amateur and elite athletes. The partnership establishes Team MPI as the premier endurance coaching company of Team HoldTheCarbs. Viktoria Brown, the founder of Team...
November 23, 2020
New Board of Directors Named for USABA
(COLORADO SPRINGS, Colo.) - The United States Association of Blind Athletes (USABA) is pleased to announce its new board of directors, which includes seven new appointees and three returning board members. Prodigy Search, a national leader in executive recruitment, helped to lead the search process for the board member positions....
November 23, 2020
ATRA publishes podcast resource
Colorado Springs---- Fifteen years after Apple launched 3000 free podcasts on iTunes, there are now over 700,000 active podcasts and over 55 percent of Americans have listened to a podcast. Trail runners are no exception to this trend. In fact, two of the earliest – UltraRunnerPodcast and Trail Runner Nation...
November 20, 2020
USA Cycling Launches The Olympic Development Academy To Grow Discipline Development Pathways
COLORADO SPRINGS, Colo. – On Friday, USA Cycling announced the Olympic Development Academy (ODA), a unique semester-based program to create a new, consistent, and sustainable development model across all cycling disciplines; BMX Racing, BMX Freestyle, Cyclocross, Mountain Bike, Road, and Track. Athletes enrolled in the academy will be part of...
November 19, 2020
ATRA shares survey results regarding trail running trends during the pandemic
Colorado Springs - To better understand trail running and racing trends during the pandemic, the American Trail Running Association conducted a survey to find out how people have been competing, how they are staying connected, and if they are spending more or less time on the trails. The survey was...
November 18, 2020
Brooks Running Gains New Runners with 49% Global Growth in Q3
Brooks Running reported record third quarter global revenue up 49 percent year over year, leading to a 2020 outlook of 27 percent growth. Brooks’ digital sales flexed from less than 35 percent of sales in 2019 to a peak of 82 percent of all sales this past April, and has since...
November 18, 2020
PEAR Sports Announces the Appointment of Robert Falkenberg to Board of Directors
NEWPORT BEACH, CA -- PEAR Sports announced today that it has appointed Robert C. Falkenberg, CEO UnitedHealthcare of California, to its board of directors effective October 20, 2020. This brings PEAR’s total board membership to 8. “We are very excited to welcome Rob to our board of directors. He brings...
November 18, 2020
Ride for Racial Justice and SBT GRVL Announce Groundbreaking Partnership and Athlete Program for 2021
DENVER (Nov. 18, 2020) – Ride for Racial Justice and SBT GRVL today announce a new, trailblazing partnership and athlete program that will bring greater diversity, equity and representation to one of the world’s most premiere gravel races. Launching today, the joint program offers 25 secured spots for Black, Indigenous...