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 21, 2024
Garmin Posts Solid Q4 Growth in All Active Lifestyle Segments; EPS Up 27 Percent
Garmin, Ltd. reported that consolidated revenue for the fourth quarter was $1.48 billion, a 13 percent increase compared to the prior-year quarter, with growth across all segments except Aviation. Operating income was $340 million, a 27 percent increase compared to the prior-year quarter. Operating margin was 23.0 percent compared to...
February 21, 2024
State Farm, Rad Power Bikes settle lawsuit over e-bike fire
The lawsuit in U.S. District Court for the Eastern District of Pennsylvania was dismissed with prejudice after it was filed Oct. 4, 2022, claiming damages were in excess of $250,000. The lawsuit alleged design, manufacturing, and component defects; use and/or handling instruction and/or warnings defects; and/or a failure to warn...
February 21, 2024
Nominations Open for the Best Running Stores of 2024 Awards Program
PORTLAND, Maine (February 21, 2024) /ENDURANCE SPORTSWIRE/ - Best Running Stores, the awards program that honors and celebrates leading run specialty stores in the US, today announced 2024 nominations are open. The annual awards reception will conclude The Running Event (TRE), taking place in Austin, TX, November 19-21, 2024. “As...
February 20, 2024
Gnarly Sports Nutrition Teams Up with Tactic Functional Nutrition to Empower People to Meet Their Wellness and Fitness Goals
SALT LAKE CITY (February 20, 2024) /ENDURANCE SPORTSWIRE/ - Gnarly Sports Nutrition, creator of high-quality sports nutrition supplements and protein powders for all levels of performance, has announced its partnership with Tactic Functional Nutrition, which brings functional nutrition and lifestyle coaching to athletes and nonathletes across the globe. Tactic will...
February 20, 2024
PTO Strikes Deal With IMG To Put San Francisco On Its New T100 Tour
London, UK/ENDURANCE SPORTSWIRE/ - The Professional Triathletes Organisation (PTO) and World Triathlon are pleased to announce that the California leg of its new T100 Triathlon World Tour will take place in San Francisco at the iconic Escape from Alcatraz Triathlon on 8-9 June, in a partnership with IMG. Known as...
February 20, 2024
Giant Group Reports Moderating Sales Decline in January
The Giant Group reported monthly revenues for January 2024 declined 17.7 percent to NT$4.79 billion, representing the third straight month of moderating declines and the smallest decline since June 2023 when company revenues declined 13.5 percent. The Giant Group reports financials in New Taiwan Dollar (NT$). SGB Media
February 16, 2024
Ownership of IRONMAN is More Than the Legal Status
IRONMAN is a personal touchstone and for this reason there are no owners of it. There are only temporary custodians of a cultural institution who’ve been granted the privilege of husbanding the brand while they remain in charge. The new custodian has more than a responsibility. He has an opportunity....
February 16, 2024
Movemint Named Exclusive Event Management Partner for Headlands 27k p/b Salomon
SAN FRANCISCO [02/16/24] /ENDURANCE SPORTSWIRE/ - Movemint, the platform for athletic events, is thrilled to announce its exclusive partnership with the Headlands 27k, part of Golden Trail World Series Headlands 27k powered by Salomon. The Headlands 27k is a looped course featuring many of the Marin Headlands and Mt. Tam's...
February 16, 2024
Murf Electric Bikes Partners with Ryan Sheckler to Unleash the Limited Edition Sandlot Times Higgs Step-Thru
San Clemente, CA (February 16, 2023) /ENDURANCE SPORTSWIRE/ - Murf Electric Bikes, a leading name in the electric biking industry, proudly announces the launch of the Limited Edition Sandlot Times Higgs Step-Thru in collaboration with Sandlot Times, a renowned lifestyle brand founded by professional skateboarder Ryan Sheckler and Creative Michael...
February 16, 2024
Lunar New Year isn’t Slowing Down Production at Ashworth Awards
/ENDURANCE SPORTSWIRE/ - With Lunar New Year having just been celebrated on Saturday, February 10th this year, a majority of Chinese factories have shut down to celebrate with the rest of their country. This production slow down may affect many in the promotional products and endurance events industries, but Ashworth...