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 28, 2024
Life Time Group Swings to Full Year Profit as Revenue Passes $2 Billion Mark
Life Time Group Holdings, Inc. reported that fourth-quarter revenue increased 18.2 percent to $558.8 million due to continued strong growth in membership dues and in-center revenue. Center memberships increased by 38,010, or 5.2 percent, in the quarter, when compared to December 31, 2022, and decreased sequentially from September 30, 2023...
February 28, 2024
RBC GranFondo Whistler and XFondo accepted into gender equity Same Game Challenge
[Vancouver/Whistler, BC Canada]/ENDURANCE SPORTSWIRE/ - The organizing team behind the cycling events RBC GranFondo Whistler and XFondo announced today that they have been successfully accepted into the Canadian Women and Sport Same Game Challenge. The Same Game Challenge “helps sport and physical activity organizations across Canada build their capacity to...
February 27, 2024
ShowcasedTennis Legend Andre Agassi Named Inaugural Chair of Life Time Pickleball and Tennis Board to Guide Future Growth, Programming and Community
Chanhassen, Minn., (February 27, 2024)/ENDURANCE SPORTSWIRE/ – There is no slowdown in sight in the growth of pickleball and tennis at Life Time (NYSE: LTH), and the passion among those playing is at an all-time high. With the goal of charting the Company’s future in these areas, Life Time Founder, Chairman...
February 26, 2024
UCI hands out suspensions after Cynisca Cycling found guilty of participating ‘in a fraud’
The UCI has suspended members of Cynisca Cycling after the team disguised a mechanic as a rider in an effort to gain entry to last year's Argenta Classic. American team Cynisca were missing one of their five riders due to illness for the road race in Belgium. Mechanic Moira Barrett dressed as...
February 26, 2024
Iconic Home of Fitness Gold’s Gym SoCal Welcomes All IHRSA-Goers for Free Workouts
Los Angeles, CA – As the fitness world converges on Los Angeles for the highly anticipated International Health, Racquet & Sportsclub Association (IHRSA) 2024 Convention and Trade Show, Gold’s Gym SoCal – the original home of fitness workouts – announces a special offer for all attendees. In celebration of this...
February 23, 2024
Merrell Expects DD Decline in 2024; Return to Growth in H2
Merrell brand parent company Wolverine Worldwide (WWW) outlined progress and planning for some of its top brands when discussing fourth-quarter and full-year results, pointing to the outdoor footwear brand as a key contributor. Wolverine’s CEO Chris Hufnagel said the Merrell brand will have the opportunity to work more closely with...
February 23, 2024
RunSignup Unveils New Pricing for RaceDay Suite and RaceDay Scoring
Moorestown, NJ — February 23, 2023 /ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration and technology provider for endurance events in the United States, introduces a simplified pricing model for its RaceDay timer technology suite. Commencing February, 2024, timers can secure an annual RaceDay Suite subscription encompassing RaceDay Scoring, Race Director,...
February 22, 2024
Fox Factory sales down 9% in 2023
Fox Factory revenues in its Speciality Sports Group, which includes its bike-related brands, were down 43% in the company’s 2023 fiscal year, a decline the company attributed to “channel inventory recalibration” and “lower end consumer demand.” The decline in the SSG revenue came despite the inclusion of $16.8 million in...
February 22, 2024
Apple Secures Hydration Patent, Smart Ring Rumors Heat Up
As Apple continues to push into the health and wellness space, new intellectual property filings and reports speculate that the tech giant might be moving into the hydration-tracking and smart ring markets. Apple recently filed a patent for a “wearable device with perspiration measuring capabilities” for its Apple Watches. The solution would...
February 22, 2024
ShowcasedINFINIT Nutrition Launches New Custom Protein Boosts: Berry Antioxidant and Greens Powders
Cincinnati, Ohio, February 22, 2024 /ENDURANCE SPORTSWIRE/ - INFINIT Nutrition, a pioneering force in personalized nutrition solutions for athletes, announced the addition of two brand new options to their custom protein powder platform: Berry Antioxidant Blend and Greens Blend superfood powders. INFINIT's Custom Protein platform simplifies athlete nutrition by offering...