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.
October 28, 2023
Thule’s Profits Bounce Back in Third Quarter
Thule Group reported a strong recovery in earnings in the third quarter as sales rose 8.0 percent. Sales in the North American region decreased 15 percent on a currency-neutral basis. The Sweden-based maker of outdoor and transportation products reported net sales for the quarter amounted to SEK 2,311 million ($205.8...
October 26, 2023
Hoka Continues to Drive Deckers Brands in Q2, Ugg Returns to Profit
Shares for Deckers Brands were up nearly 10 percent. The footwear company reported net sales in the second quarter of 2024 increased 24.7 percent to $1.09 billion, compared to $875.6 million the same time last year. Deckers also saw a bump in its direct-to-consumer channel, reporting an increase of 38.8 percent to...
October 26, 2023
Skechers Beats Profit Expectations in Q3, Nets Record Sales Over $2B
Skechers reported record quarterly sales of $2.02 billion, which were up 7.8 percent from the prior year and ahead of the company’s previously outlined projection of between $1.95 billion and $2 billion. Net earnings were $145.4 million and diluted earnings per share were up 69.1 percent to $0.93. Skechers had been aiming...
October 26, 2023
FloBikes Got Caught Sneaking Subscriber Data to Facebook. That Means You’re Owed Money.
If you woke up to an email about a class action lawsuit against FloSport, it was about their subscribers being notified that FloSports disclosed its subscribers’ personal information to Facebook via the Facebook Tracking Pixel, without its subscribers’ consent, in violation of the Video Privacy Protection Act (the “VPPA”). This...
October 26, 2023
Enduro Bearings Announces Partnership with Cervelo Orange Living Cyclocross Team for the 2023/24 Season
Oakland, California (October 26, 2023) /ENDURANCE SPORTSWIRE/ - With a global group of ambassadors that includes athletes, mechanics and teams, Enduro Bearings is excited to add the Cervélo Orange Living Team to their roster. The Cervélo Orange Living Cyclocross program focuses on the future of the sport with a talented...
October 26, 2023
RunSignup Timer Survey 2023 Now Open
Moorestown, NJ— October 26, 2023 /ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration and technology provider for endurance events in the United States, launches its 2023 Timer Survey. This annual industry research survey, now in its 5th year, is the only research available that is specifically tailored to timers and offers...
October 25, 2023
Life Time Group Holdings Inc (LTH) Reports Strong Revenue Growth in Q3 2023
Life Time Group Holdings Inc (NYSE:LTH) released its Q3 2023 earnings report on October 25, 2023, revealing a significant increase in total revenue and adjusted EBITDA. Despite a decrease in net income, the company's adjusted net income showed a remarkable improvement, turning from a loss in Q3 2022 to a...
October 25, 2023
P3R Ignites Movement Revolution with Trailblazing NIL Partnerships: Six Local College Athletes Onboard to Fuel the Fire
PITTSBURGH (Oct. 25, 2023) /ENDURANCE SPORTSWIRE/ – P3R - the innovative engine behind Pittsburgh’s most exhilarating sporting events - is breaking new ground by signing Name, Image and Likeness (NIL) partnerships with six local college student-athletes for the 2023-24 academic year. P3R’s NIL Athlete program, now in its second year, continues...
October 25, 2023
Kitman Labs Launches ‘The Football Intelligence Platform’ For Premier League Academies
London, England and Menlo Park, CA (Oct. 25, 2023)/ENDURANCE SPORTSWIRE/ – Kitman Labs, the sports technology and analytics company setting the industry standard for how elite sports organisations use data, today announced a new partnership with the Premier League. The partnership will provide all Premier League club academies with a centralised,...
October 25, 2023
BibRave Expands Marketing Services Partnership with Race Day Events
Fitchburg, WI /ENDURANCE SPORTSWIRE/ – BibRave, the leading-edge endurance and fitness marketing agency, is excited to announce an expanded partnership with Race Day Events, the Midwest's event production leader to provide comprehensive marketing services for the organization’s extensive portfolio of running, cycling, and triathlon events. BibRave will manage essential aspects of...
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