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.
March 26, 2020
Advance to Acquire The IRONMAN Group from Wanda Sports Group
New York, NY / Tampa, FL (March 26, 2020) – Advance announced today that it has entered into a definitive stock purchase agreement with Wanda Sports Group Company Limited (NASDAQ: WSG) to acquire The IRONMAN Group in an all-cash transaction. The IRONMAN Group and its portfolio of assets, which includes its...
March 25, 2020
The Sufferfest and Wahoo Go “All In” on New Indoor Training Plans
ATLANTA, March 25, 2020 - The Sufferfest, a comprehensive training platform for time-crunched athletes that is now part of Wahoo Fitness, today announced the release of a suite of training plans designed specifically for athletes who are staying indoors due to the current global health crisis. These four-week “All In”...
March 25, 2020
Why Dick’s Sporting Goods is suspending CEO and president salaries amid the coronavirus pandemic
Top executives at Dick’s Sporting Goods will not take home pay for a temporary period as the retailer braces itself for the coronavirus’s impact on its business. What’s more, Dick’s announced reductions in the base salaries of all members of its senior management team. Other salaried employees will also take cuts...
March 25, 2020
Credit Union Cherry Blossom Ten Mile Run and Outside Interactive Announce Free Official 2020 Remote Participation Through a “Simulated” Race Day Experience
Washington, DC (March 25th, 2020) – Today it was announced that the Credit Union Cherry Blossom Ten Mile Run has introduced Outside Interactive’s race day simulator technology for treadmill runners as an integral component of its free virtual race offering for this year’s cancelled race due to the Covid-19 virus,...
March 24, 2020
NIKE, Inc. reports fiscal 2020 third quarter results
Revenues increased to $10.1 billion in the third quarter, up 5 percent on a reported basis and up 7 percent on a currency-neutral basis. Digital sales in Greater China increased more than 30 percent while brick and mortar retail sales were impacted by temporary store closures related to COVID-19. Read more...
March 24, 2020
BikeFlights.com Enhances Bike Shipping Website
PORTLAND, OR (March 24, 2020) - BikeFlights.com is pleased to announce enhancements to its website to make it easier for customers to get answers to their bike shipping questions and book shipments. “Our site enhancements are the result of months of research and collaboration among our staff and customers,” said...
March 24, 2020
Final Surge Announces New Virtual Racing Service with Free Entry into Virtual 5K
Raleigh, NC – March 24, 2020 – Final Surge is announcing it’s new Virtual Racing service by giving free entry into the Final Surge Virtual 5K. The race takes place this week on any day between Monday, March 23rd and Sunday, March 29th. All finishers will be entered into a...
March 24, 2020
New Name, Same Great Race: The Great Pumpkin Run Undergoes Name Change
NEW YORK - The popular, award-winning fall race formerly known as The Great Pumpkin Run has undergone a name change for the 2020 fall race season. Coming off a successful, 20 race season, including a Virtual Run that had over 18,000 participants, the family-friendly 5K is now Gourdy’s Pumpkin Run,...
March 23, 2020
Peloton temporarily suspends sales and deliveries of its treadmill
Peloton announced that it will temporarily suspend the sale and delivery of its Tread, a treadmill with a touchscreen to stream live and on-demand classes, because the size of the machine is too big to deliver to customers while attempting to maintain physical distance during the novel coronavirus pandemic. Sales of its...
March 23, 2020
Race Roster introduces a free innovative virtual event toolkit to support industry professionals during this challenging time
London, ON - In response to the impact of COVID-19 on the global running community, Race Roster has developed a free virtual event toolkit to aid the cancellation and postponement processes of beloved running events. “In times of uncertainty, movement helps. Race Roster’s commitment is to drive well-being and support...