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 29, 2024
Brooks Reaches $1B Sales Milestone in First 9 Months of Year
Following a record Q2, Brooks Running continued its winning streak in its most recent quarter. In the third quarter of 2024, the Seattle-based performance running brand reported that it surpassed $1 billion in global revenue year to date through September, marking the first time the company has hit the major milestone prior...
October 29, 2024
Shimano sales down 12% in 2024, but cycling components giant points to “signs of progress”
Shimano's sales and income from bicycle components are significantly down on 2023, according to its latest financial results. The figures are for the first nine months of 2024, with sales in its bicycle components division down 12 per cent to 253,861 million yen (£1.27 billion), while the segment's income has...
October 29, 2024
Rapha Posted Losses—Are Road and Gravel Cycling Dying?
Digging deeper into Rapha's financials paints a more nuanced picture of the state of the apparel brand — but what does that say about the state of cycling? Velo
October 29, 2024
Sumarpo Concludes Successful Sponsorship of 2024 Triathlon Events
October 2024 /ENDURANCE SPORTSWIRE/ – Sumarpo proudly announces the successful conclusion of its sponsorship for numerous triathlon and swimrun events in 2024. The brand has made a significant impact across various countries, including the United States, Canada, and the United Kingdom, providing essential gear such as swim caps, race bags,...
October 29, 2024
TrainingPeaks Acquires indieVelo, Launches TrainingPeaks Virtual
Louisville, Colo. (October 29, 2024) /ENDURANCE SPORTSWIRE/ - TrainingPeaks, the industry-leading training app for endurance coaches and athletes, today announced the acquisition of virtual cycling platform indieVelo, now known as TrainingPeaks Virtual. The introduction of this solution into the TrainingPeaks ecosystem reinforces the brand’s commitment to providing endurance coaches with...
October 29, 2024
FORM’s Award-Winning Smart Swim Goggles To Launch at Apple Stores and Apple.com
Vancouver, BC, October 29, 2024 /ENDURANCE SPORTSWIRE/ – Starting November 5th, 2024, FORM’s Smart Swim 2 goggles will be available to purchase at 20 Apple Store locations in the US and Canada, and online at Apple.com in the US, Canada, and the UK. In April 2024, FORM launched its Smart...
October 29, 2024
Injinji introduces new Over The Calf toesock for fall and winter running
SAN DIEGO, Calif. (October 29, 2024) /OUTDOOR SPORTSWIRE/— Injinji, the innovators of the patented five-toe Performance Toesock™ today announced the launch of its new Snow Over The Calf (Snow OTC) toesock - uniquely engineered for runners training in colder temperatures and an expansion of the Over The Calf line. Created to...
October 29, 2024
Brooksee’s Industry-Leading Laurel Timing Technology Selected For Inaugural Every Woman’s Marathon
SALT LAKE CITY, Utah /ENDURANCE SPORTSWIRE/ – Brooksee, the endurance event and technology company behind the Las Vegas Marathon, Portland Marathon, Mesa Marathon and REVEL Race Series, announced a partnership with Every Woman’s Marathon to deploy its industry-leading Laurel timing technology at the highly-anticipated inaugural race. Participants and spectators will...
October 28, 2024
Olympic Champion Marco Odermatt invests in a future together with X-BIONIC
/ENDURANCE SPORTSWIRE/ - X-BIONIC, the Swiss premium performance sports brand, has been synonymous with cutting-edge materials and patented technologies for over 25 years. Under the new leadership of CEO Maximilian Lenk, the team is dedicated to develop X-BIONIC into a globally leading name for running, cycling, and winter sports. A...
October 25, 2024
Hoka Sends Sales Surging at Deckers Brands in Second Quarter
Deckers Brands raised its 2025 guidance after net sales skyrocketed in the second quarter ending Sept. 30, helped by impressive results from Hoka and growth in both wholesale and direct-to-consumer sales. Net sales at the parent company of Hoka, Ugg and Teva grew by 20% to $1.311 billion compared to...