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.
September 29, 2022
Peloton will sell Bikes, Treads at Dick’s Sporting Goods in its first brick-and-mortar partnership
The collaboration will make Dick’s the first brick-and-mortar retailer outside of its namesake stores to carry Peloton equipment. Peloton had long been an exclusively direct-to-consumer business before it began selling its products on Amazon in August. CNBC
September 27, 2022
Pearl Izumi Trims Staff, Plans Sale Of Colorado Headquarters
Pearl Izumi has eliminated an undisclosed number of positions at its Louisville, CO headquarters and plans to sell its headquarters building, according to a report from BusinessDen. The cycling apparel brand was acquired by United Sports Brands in May. Candi Whitsel, SVP of marketing at United Sports Brands, declined to...
September 26, 2022
Dick’s Sporting Goods Is Hiring 9,000 Workers This Holiday Season
The sporting goods retail giant announced today its plan to hire up to 9,000 seasonal associates throughout the country, starting on Sept. 28 with “National Signing Day,” an annual recruiting effort event that is now in its fifth year. This number is down from last year’s hiring event, which sought...
September 26, 2022
Nautilus Board Considers Sale of Company, Other Strategic Alternatives
Nautilus Inc. said Monday that a potential sale of the company is being considered, part of a broader review of strategic alternatives launched by its board. The fitness products provider said it hasn't set a timetable for the conclusion of its review and that there's no guarantee it will result...
September 23, 2022
Why Your Local Running Store Matters
There are a lot of places to buy running shoes nowadays—at a big sporting goods shop, at a mall chain store, at an online retailer, at a discount website or at a running specialty store. The best way to buy your next pair of running shoes is to walk into...
September 21, 2022
North American distributor HLC acquired by private equity
North American bicycle parts and accessories distributor HLC has been acquired by MiddleGround Capital, an investment specialist that tends to buy into middle market B2B industrial and specialty distribution companies. Founded on a collaboration between the Hawley and Lambert families, HLC is one of North America’s larger distribution houses, hosting...
September 20, 2022
Pon rumoured to have invested in OneUp Components
Published, but unconfirmed rumours are circulating that the Pon Bike arm has made a strategic investment in mountain bike label OneUp Components. In what might make sense as part of a move to further enhance its finishing kit portfolio, if true, the investment may presumably give the Cannondale and Santa...
September 16, 2022
Skechers settles trademark fight with Brooks Running over ‘5’ logo
Skechers and Brooks have settled a trademark infringement lawsuit. Skechers on Friday filed a notice of dismissal of the suit, which had alleged that Brooks Sports used a number “5″ mark on its shoes that was “confusingly similar” to Skechers’ “S” mark it generally uses on its sneakers. A Brooks...
September 16, 2022
DoorDash and DICK’S Sporting Goods Partner for On-Demand Retail Delivery
Today, we are excited to announce a partnership with DICK’S Sporting Goods, the leading U.S. omnichannel retailer that serves athletes and outdoor enthusiasts, to offer on-demand delivery from more than 700 stores across 47 states, including Washington D.C. DICK’S Sporting Goods is DoorDash’s first sporting goods and apparel retail partner...
September 14, 2022
Hydrow Announces Settlement of Patent and Trade Dress Infringement Lawsuit Against iFIT
In February 2022, Hydrow filed a design patent and trade dress infringement action against iFIT and its NordicTrack RW700 and RW900 rowers. As a part of the settlement, iFIT agreed to redesign certain aspects of the rowers named in the lawsuit. The remaining terms of the settlement agreement are confidential....