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.
February 5, 2020
Peloton Raises Guidance After Cruising To Q2 Beat
In just its second quarterly earnings report since going public, Peloton Interactive Inc. notched impressive earnings and revenue beat as the company grew its number of connected fitness subscribers 96 percent to 712,005 and its total members to more than 2 million. Read what the earnings look like on SGBMedia.
February 5, 2020
BibRave Partners with Blistering Pace Race Management to Reimagine Race Promotion
New campaigns stepped outside the box to create fresh race marketing ideas. Portland, OR - BibRave, the running industry leader in grassroots digital marketing, recently partnered with race management company Blistering Pace Race Management (BPRM) to create two new programs that broke from typical race marketing strategies. To increase the...
February 5, 2020
The Amy D. Foundation Names Executive Director
Julie Kuliecza Takes The Helm Of The Growing Nonprofit (Boulder, CO). The Amy D. Foundation announced Julie Kuliecza as the Executive Director of the nonprofit dedicated to building opportunity, participation, and equality for women in the sport of cycling. Kuliecza, a paralegal, professional cyclist and former managing director of a...
February 5, 2020
deboer wetsuits is proud to have Palani Distribution as a retail partner in France
Stamford, CT, Release: February 5, 2020. deboer wetsuits is proud to have Palani Distribution as a retail partner in France. France is an important market for deboer wetsuits, and we are very excited to work with Palani Distribution in retail and growing the brand. Arnaud Selukov, Owner of Palani Distribution...
February 5, 2020
Elite Athletes Carlos Trujillo And Iveen Chepkemoi Sign with Elite Runner Management
Olympian Trujillo & Kenyan Chepkemoi sign agency contracts with Chris Mengel GROSSE POINTE (MI) - Professional runners Carlos Trujillo and Iveen Chepkemoi have signed agency contracts with Elite Runner Management LLC (ERM), the Michigan based sports agency headed by Chris Mengel. “It’s a privilege to have the opportunity to work...
February 4, 2020
Peloton and Flywheel Sports settle litigation cases
Indoor cycling business Peloton has settled its patent infringement case against Flywheel Sports, with Flywheel simultaneously dropping a separate counter proceeding at the U.S. Patent and Trademark office. Within the court documents, Flywheel made the admission that Peloton’s patents were indeed valid and enforceable. The patents relate to Peloton’s “at home”, “remote streaming” and...
February 4, 2020
Professional Triathletes Organisation Approaches Wanda Sports Renewing Interest In IRONMAN Acquisition and Expressing Willingness To Work With Other Potential Acquirers
LONDON, ENGLAND–BOULDER, USA: The Professional Triathletes Organisation today released the following letter sent to the Board of Directors of Wanda Sports Group Company Limited on 3rd February 2020 advising the Board that the PTO has closed on its financial partnership with Crankstart Investments and renewing the PTO’s proposal to enter into...
February 4, 2020
Trust Performance Launches Trade-In, Trade-Up Program
The “Swap to the Future” program allows riders to trade in an old telescopic suspension for a $500 credit on Trust Performance suspension. (Salt Lake City, UT ) - Trust Performance, innovators in suspension technology, announced today the “Swap to the Future” program, a trade-in trade-up program that provides riders...
February 4, 2020
RaceRaves acquires Race Advisors
Leading race finder & reviews resource bolsters its fast-growing platform Los Angeles, CA (February 4, 2020) — RaceRaves, LLC has agreed to acquire key assets from Race Advisors, after the latter’s decision to discontinue operations last month. Founded in 2017, Race Advisors served diverse athletes across a wide range of...
February 4, 2020
DMSE Sports Reveals Rebrand, New Logo
Dave McGillivray Sports Enterprises re-launches as DMSE Sports Boston (February 4, 2020) – Massachusetts-based event management company, Dave McGillivray Sports Enterprises, today revealed a new name and new logo that better represents its standing in the endurance event management industry and more closely aligns its image, mission, and direction. Although...