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.
May 28, 2020
Peloton CEO John Foley talks cheaper bikes and making the most of staying home
In this interview, Foley discusses his contrarian view of physical retail stores (he plans to use the pressure on malls and retailers to add more premium locations to Peloton’s nearly 100 retail stores world wide). He also discussed plans to make the company’s bike, which retails for $2,245, or $58...
May 28, 2020
Why small businesses are starting to say ‘No Thanks’ to the government’s PPP loans
The Small Business Administration’s Payroll Protection Program — introduced in March as part of the $2.2 trillion CARES Act, to provide loans to companies impacted by the coronavirus pandemic — has been a boon to many struggling business owners. But not everyone is opting in. Read why and what changes are being...
May 28, 2020
San Diego Sport Legends Bill Walton, Rob Machado and Tiffany Joh Team with JIVA VR & SDSI to Send a Positive Message of Enjoying the Outdoors with Social Responsibility
May 27nd, 2020, SAN DIEGO, California – As quarantine restrictions are slowly lifted across California and the rest of the nation. San Diego Rising, a live-action 360° video short, aims to inspire viewers to continue acting responsibly as they return to the active pursuits they love by practicing gratitude for...
May 28, 2020
RACE RESULT Timing Technology used as Tracing Solution to Help Fight Covid-19
As the innovation leader in sports timekeeping solutions, RACE RESULT’s engineering team has developed a system to trace Covid-19 cases and help contain the virus, using UHF transponders and its latest product development, the Passive Track Box. "The new Track Box has not been officially released for timekeeping yet. Rather...
May 28, 2020
Sportstats Launches Canada’s First Physical Distancing 5K
A physical distancing 5K isn’t like a race before COVID-19. For one thing, runners can only compete in the race one at a time. However, official timing will be present and racers can have their finishing time automatically posted Live on site and on the Sportstats web site.(Sportstats is the...
May 28, 2020
IRONMAN Champion Chris Lieto Gets Up Close and Personal With World Class Athletes In New Podcast Series
SANTA MONICA, Calif., May 28, 2020 – World champion athletes may seem like they are blessed with super powers and immune to issues that most “mortals” face. But on the inside, they are all human and experience the same challenges and controversies that any “normal” person does in their day-to-day...
May 28, 2020
Now available: Race Roster’s upgraded ASICS Runkeeper™ app integration for virtual events
London, ON (Tuesday, May 28, 2020) - Race Roster and the ASICS Runkeeper™ app have collaborated to take the virtual event experience another step further. Their latest enhancements to the Runkeeper app integration is exactly what event organizers have been looking for to deliver an end-to-end virtual event experience like...
May 27, 2020
Lance Armstrong says it’s “time for the riders to seize power”
At a time when all the key stakeholders desperately want to see cycling restart, the chances of disrupting or overhauling the legacy constraints of the sport – and enriching its future – may well be greater right now than ever before. Read more on VeloNews.
May 27, 2020
PEAR Sports® Launches PEAR Connect™, an Essential Virtual Training Tool to Keep Fitness Facilities Connected with Their Members No Matter Where They Train
NEWPORT BEACH, CA - May 27, 2020 – As part of an effort to support the evolving needs of the fitness industry, PEAR Sports® is pleased to introduce PEAR Connect™, a virtual coaching tool for community-based training. PEAR Connect allows fitness operators to upload their own branded content and easily...
May 26, 2020
SFIA survey underscores industry’s struggles
Over 70 percent of sports and fitness manufacturers and businesses reported a sales drop of over 25 percent for the month of April as most of the country’s stores were closed to prevent the spread of the coronavirus, according to a survey of industry participants by the SFIA. But the...