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 5, 2023
Doug Emslie’s Cuil Bay Capital launches with acquisition of Raccoon Media Group
Cuil Bay Capital (CBC), a new investment vehicle led by Informa advisor and former Tarsus Group CEO Doug Emslie, has announced its inaugural investment, the acquisition of a majority stake in Raccoon Media Group. Founded in 2016, Raccoon achieved acclaim with the launch of the multi-award-winning National Running Show, which...
August 31, 2023
Life Time Introduces Unprecedented Pre-Race Party for the 26th Annual Chicago Half Marathon & 5K Presented by HOKA
Chicago, Illi. (Aug. 31, 2023) /ENDURANCE SPORTSWIRE/ - Life Time (NYSE: LTH), the nation’s premier healthy lifestyle brand, is thrilled to unveil the precursor to the renowned Chicago Half Marathon & 5k presented by HOKA. Departing from a traditional race expo, the inaugural pre-race party is set to take place...
August 31, 2023
Wahoo and Zwift agree to settle patent suit
Last October, Wahoo sued Zwift and JetBlack for patent infringement, alleging that Zwift’s new Hub trainer, which JetBlack manufactures, infringed on its patents. Wahoo quickly settled with JetBlack, with Jet Black agreeing not to sell its version of the Hub, called the Volt, in the U.S. or Europe. JetBlack continues...
August 31, 2023
Lululemon’s Raises Outlook As Q2 Comps Jump 11 Percent
Lululemon Athletica, Inc. raised its guidance for the year as second-quarter results exceeded expectations. Earnings rose 21.6 percent on an adjusted basis in the quarter with revenues ahead 18 percent. Comparable sales increased 11 percent or 13 percent on a constant dollar basis. Sales of $2.2 billion topped guidance in the...
August 31, 2023
Invictus Games Foundation sponsors wounded, injured and sick service personnel and veterans in RBC GranFondo Whistler 2023
[Vancouver / Whistler, BC] /ENDURANCE SPORTSWIRE/ - The Invictus Games Foundation is furthering its mission of inspiring recovery through sport by sponsoring the We Are Invictus category, one of two new categories in the RBC GranFondo Whistler 2023, created this year in celebration of the upcoming Invictus Games Vancouver Whistler 2025....
August 30, 2023
Georgia Communities Welcome Back Athens to Savannah Ride
Sandersville, GA, August 30, 2023 /ENDURANCE SPORTSWIRE/ - Georgia Hi-Lo Trail Inc. and Sports Strategies announce the 2023 edition of the Athens to Savannah Ride, taking cyclists on their choice of a 4-day Gravel Ride or a 3-day Road Ride across rural Georgia. The ride starts from Athens on October...
August 30, 2023
GSI Outdoors and Buck Knives Partner to Celebrate Outdoor Cooking with Exclusive Prize Pack Giveaway
Spokane, Wash. — August 30, 2023 /ENDURANCE SPORTSWIRE/ - GSI Outdoors and Buck Knives are thrilled to announce an exciting partnership that celebrates the joy of cooking in the great outdoors. In collaboration with renowned outdoor cooking chefs, Adam and Jessica Cheek of @adam.northwest, the brands are set to launch...
August 26, 2023
Turkish Airlines announced as Official Airline Partner of RBC GranFondo Whistler
[Vancouver, BC Canada]/ENDURANCE SPORTSWIRE/ - Turkish Airlines, national flag carrier of Türkiye and 8 times winner of the Skytrax Best European Airline award, including in 2023, today announced a new partnership with RBC GranFondo Whistler, the largest Gran Fondo cycling event in North America, becoming Official Airline Partner. This partnership...
August 25, 2023
Giant aware and working to get fake website taken offline
Gympass, the leading corporate wellness platform, announced it has raised $85M in a Series F funding round at a valuation of $2.4 billion. The new investment will accelerate Gympass' growth globally as companies prioritize decreasing healthcare costs and improving employee wellbeing. HRTechCube
August 24, 2023
Alchemy Bikes’ New Lycos Gravel Bike Now in Stock, Ready to Ship
Golden, Colorado (August 24, 2023) /ENDURANCE SPORTSWIRE/ - Following its recent dramatic reduction in the entry price for the Lycos family of full-carbon gravel bikes, Alchemy Bikes now has full size runs in all standard builds and colorways in house and ready to build to order and ship within two...