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 20, 2020
PeopleForBikes’ Work on Section 301 Tariffs Saves Bike Industry Millions
BOULDER, CO (Oct. 20, 2020) — PeopleForBikes, with the assistance of their nearly 300 member companies, saved the bike industry more than $130 million in Section 301 tariffs since September 2018. Section 301 tariffs represent additional duties paid on nearly all imported goods from China. The United States Trade Representative...
October 20, 2020
Former pro cyclist Bradley Wiggins liquidates businesses with debts of over £1m
Two of Bradley Wiggins’s companies are being wound up with debts in excess of £1m and look set to leave creditors hundreds of thousands of pounds out of pocket. Read more on Cycling Weekly.
October 20, 2020
Spectrum Sports Management Launches California Coalition of Endurance Sports
LOS ANGELES — Southern California based endurance sports organizer Spectrum Sports Management today announces the formation of the California Coalition of Endurance Sports. Including endurance sports organizations up and down the state, the Coalition has come together to work with state and county representatives in the creation of a roadmap...
October 19, 2020
YogaWorks Files For Bankruptcy, To Closes All Studios
YogaWorks has filed for Chapter 11 bankruptcy protection but will continue to offer its digital and live-stream content. Serene Investment Management has agreed to acquire the YogaWorks digital and education business and intellectual property. YogaWorks Live and MyYogaWorks, as well as its teacher training and workshop departments will continue operation,...
October 19, 2020
Mammut And The Lady Alliance Announce Second Adventure Safety Tour
(Denver, CO.) Oct. 19, 2020 -- Mammut and The Lady Alliance are teaming up again to host a second virtual Adventure Safety Tour, in response to an overwhelming positive and successful first event in June of this year. Mountain safety and outdoor gear brand Mammut and The Lady Alliance, a...
October 19, 2020
Zone3 Appoints Endurance Sport Expert, Ryan Dolan
Europe’s leading Triathlon & Open Water Swimming brand, Zone3, is thrilled to announce that endurance sports expert Ryan Dolan, formerly of TYR and ROKA, will be joining Zone3 as President of US Sales & Marketing. Zone3 took back control of the US market earlier this year after previously being managed...
October 19, 2020
USA Triathlon and Body Glide Renew Longstanding Partnership Through 2024
COLORADO SPRINGS, Colo.— USA Triathlon today announced it has extended its partnership with Body Glide, the industry’s leading maker of skin protection for wetsuit rash, chafing, foot blisters and raw skin, through 2024. Body Glide is one of the National Governing Body’s longest-standing partners, having first teamed up with USA...
October 19, 2020
MYLAPS Sports Timing and njuko join forces to offer best-in-class event registration
Bidart/Haarlem, 19 October 2020 - MYLAPS Sports Timing and njuko announce a long-term partnership today. Njuko will offer its proven registration platform to the worldwide MYLAPS network and will be the exclusive MYLAPS registration partner in Europe, Middle East and Africa. Events and timers using the MYLAPS registration platform will...
October 16, 2020
Peloton Recalls Pedals That Might Break on 27,000 Stationary Bikes
The stationary bike juggernaut Peloton announced that it was recalling about 54,000 clip-in pedals off 27,000 stationary bikes. The brand received 120 reports of pedal breakage, including 16 incidents leading to leg injuries, with some requiring stitches. Read more on GearJunkie.
October 15, 2020
COVID-19 outbreak at cycling studio leads to 69 cases and counting
At least 69 people, spread among staff and patrons at Spinco from Sept. 28 to Oct. 4, have been infected with the coronavirus in Hamilton Ontario, Canada, after a series of classes at a cycling studio led to an outbreak, even though there were many safety protocols in place. Public...