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.
August 13, 2023
XTERRA Czech World Cup Weekend Wrap
/ENDURANCE SPORTSWIRE/ - Felix Forissier (FRA) and Solenne Billouin (FRA) won the XTERRA Czech Republic full-distance off-road triathlon elite titles in Prachatice on Saturday, August 12, 2023, and Billouin and Arthur Serrières (FRA) captured the XTERRA Czech Short Track titles on a beautiful blue sky day at Ktišský Lake on...
August 11, 2023
Resale company Trove raises $30 million in Series E funding
Trove has raised $30 million in Series E funding, the resale technology company announced on Thursday. Wellington Management and ArcTern Ventures co-led the funding round, and Mitsui Fudosan’s CVC Fund, G2 Venture Partners, Prelude Ventures and other current Trove investors participated in the round. The funding will support the company’s...
August 11, 2023
British Cycling could take legal action to prevent Japanese and French Federations from using new track bikes
British Cycling is considering taking legal action over potential patent infringements from the new bikes of the Japanese Track Cycling Federation and French Track Cycling Federation. Cycling Weekly understands the potential infringements relate to the wide fork and seat stay designs on the Look P24 and V-IZU TCM. This design...
August 11, 2023
XTERRA World Cup – Czech Republic this Weekend in Prachatice
/ENDURANCE SPORTSWIRE/ – The XTERRA World Cup rolls into the medieval town of Prachatice in the Czech Republic with full distance and XTERRA Short Track races this Saturday and Sunday, August 12-13. It’s the start of an intense set of five races in 15 days across three countries that could...
August 10, 2023
Despite surge in MTB helmet sales, Leatt revenue decreases 31% year-over-year
Leatt Corporation's second-quarter revenue decreased 31% year-over-year despite mountain bike and moto helmet sales increasing 48% compared with the same time last year. Global revenue for the quarter ending June 30 was $12.35 million, compared with $17.93 million at the same time last year. Helmet sales accounted for $3.52 million,...
August 10, 2023
Wolverine to Close Boston Campus, Consolidate US Offices to Michigan
Wolverine on Thursday announced the planned closure of its Boston headquarters by the end of the year and the consolidation of its offices across the U.S. to its Rockford, Mich., campus. The announcement came as Wolverine Worldwide announced sagging results for the second quarter, as well as the sudden exit of CEO Brendan Hoffman. The company named Christopher...
August 10, 2023
Cycling travel expert Sportive Breaks announces North America launch
/ENDURANCE SPORTSWIRE/ – Sports travel expert Sportive Breaks offers customized premium travel packages for cyclists looking to take part in the world’s most prestigious grand tours, cycling classics and weekenders. They offer an expertly curated range of customized travel packages including cycling tours, training camps, hospitality and VIP experiences. Customers...
August 9, 2023
Many Pro Runners are Becoming Coaches. What’s the Deal?
As the sport of running grows, so do many of its cottage industries. Coaching has quickly become an industry that many are tapping into as more people enter the sport, but experiences may vary. Trailrunner
August 9, 2023
USA Triathlon Approves 80/20 Endurance Coaching Certification for 4 CEUs
Lehi, UTAH/ENDURANCE SPORTSWIRE/ - 80/20 Endurance, a trailblazing provider of online training resources for endurance athletes and coaches, is thrilled to announce a major achievement: our renowned 80/20 Endurance Coaching Certification Course has been officially endorsed by USA Triathlon, enabling participants to earn 4 Continuing Education Units (CEUs). "This milestone...
August 8, 2023
Under Armour Limits Fiscal Q1 Downside with Strong International Growth
Under Armour, Inc.’s total net revenue was down 2.4 percent (-1.3 percent currency-neutral) year-over-year to $1.32 billion in the fiscal first quarter ended June 30. Wholesale revenues declined 6.3 percent to $742.0 million in the quarter, while direct-to-consumer sales increased 4.5 percent to $544.2 million in the period. SGB Media