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.
April 27, 2020
TBI Joins Endurance Sports Coalition
In response to COVID-19, Triathlon Business International (TBI) has joined the Endurance Sports Coalition. Founded in 2010, TBI is a multisport industry networking organization of businesses and individuals who support the growth and success of triathlon as a business and a sport. For more information about TBI, click here. The...
April 24, 2020
PeopleForBikes Supports Additional Funds for Paycheck Protection Program
WASHINGTON, D.C. (April 24, 2020) — Today, the federal government injected an additional $310 billion into the Small Business Administration's Paycheck Protection Program (PPP), supporting small businesses hit hardest by COVID-19’s economic slowdown. Small businesses are the backbone of the bicycle industry, serving their local communities, especially those who now...
April 23, 2020
Endurance sports sidelined by virus join race for federal relief
The Endurance Sports Coalition has been lobbying for the replenishment of a small business loan program designed to help struggling businesses keep workers on their payroll, in addition to underscoring with lawmakers the industry will need further help. Read more on Bloomberg Government.
April 23, 2020
Skechers’ online business is booming this month— Here’s how much digital could deliver in annual sales
Skechers is proving that it can battle the coronavirus. After reporting solid first-quarter results this afternoon, the Manhattan Beach, Calif.-based company elaborated on its pandemic game plan in a conference call — and it starts with the booming online business. Read more on Footwear News.
April 23, 2020
RunSignup Releases Looking Forward Guidelines for Races
Moorestown, NJ – RunSignup has released a working draft of Looking Forward Guidelines for Races. This living document was created with input from dozens of race directors, timers, governing bodies, and other industry partners. It is intended to provide ideas for a path forward for races when coronavirus restrictions are...
April 23, 2020
Cirrus Cycles, Inc. hires Nathan O’Neil and OnEdge Sport Sales to increase presence into the South Eastern states of the US
Bellingham, Wash. April 23, 2020 - Cirrus Cycles, the maker of the Kinekt suspension post and Kinekt stem, is pleased to announce a partnership with Nathan O’Neill and OnEdge Sport Sales, LLC, to increase their presence in the south eastern states of the US. “We are very excited to add...
April 22, 2020
Under Armour lays off more than 300 at Tennessee distribution center
The one-million-square-foot facility had employed 524 workers. In 2014, the Tennessee State Funding Board approved $6.75 million in state funds for Under Armour to build the Mt. Juliet facility. At the time, Under Armour was expected to employ 1,500 within five years. Read more on SGBMedia to find out where else...
April 22, 2020
Endurance Sports Coronavirus Daily News Updates
Endurance Sportswire is providing timely and pertinent articles and news updates specific to coronavirus and the running, cycling and triathlon industries. NEWS UPDATES 4/22 USOPC to cut up to 20%, says no Olympic games would be ‘devastating’. Read more on HERE. NEWS UPDATES 4/21 USA Track and Field lays off 7;...
April 22, 2020
Pirelli Announces Kask America to Distribute Pirelli Velo Tires In The U.S.
Milan, Italy, April 22nd, 2020 – Pirelli announces today that the Italian-based company KASK via its KASK America branch offices will be a new distributor of the Pirelli Velo tire range for the U.S. Global leader across the car and motorbike tire market and the only supplier since 2011 of...
April 22, 2020
Thousand Launches 110% Campaign to Achieve Climate Positivity
LOS ANGELES (April 22, 2020)-- Thousand, creators of classically-designed and innovative bicycle helmets, is proud to announce its commitment to becoming a climate positive brand by offsetting 110% of its annual carbon emissions. In 2019, Thousand partnered with Climate Neutral, an independent non-profit organization working to accelerate the transition to...