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.
July 20, 2023
Tour de France Cycling Boom Helps French Family Firm Make Half a Billion Euros
Groupe Amaury, the closely held family business that owns the Tour de France, saw revenue jump by nearly a fifth last year, driven in part by a surging interest in the the world's most famous bike race. Revenue climbed to €550 million ($616 million) in 2022, a gain of 17%,...
July 20, 2023
Mips AB Sees Q2 Sales Halved on Tough Bike Inventories, Late Season Start
Swedish helmet technology provider Mips AB saw second-quarter revenues cut in half from the year-ago comparable period, led by a continued sharp decline in its Sport and Moto businesses. Earnings per share were cut 75 percent for the period. Net sales for the three-month period ended June 30 fell 51...
July 20, 2023
Full House of Team Ownership For Super League Triathlon’s 2023 Championship Series
/ENDURANCE SPORTSWIRE/ – After two successful years, the innovative concept is continuing to grow in 2023 with four Teams featuring five male and five female athletes, a full roster of Team Owners, an enhanced scoring system and new athlete recruitment procedures. The 2023 Teams are: Bahrain Victorious Scorpions managed by...
July 20, 2023
SFIA and Running USA Announce Strategic Partnership
July 20, 2023/ENDURANCE SPORTSWIRE/ – The Sports & Fitness Industry Association (SFIA) and Running USA today announced an exciting strategic partnership that will benefit the members of both organizations. As the premier trade association for the sports and fitness industry, with a mission to promote participation and industry vitality, the SFIA...
July 19, 2023
2024 Little Rock Marathon registration open, theme for 22nd annual race revealed
LITTLE ROCK, ARK /ENDURANCE SPORTSWIRE/ - Registration for the 22nd running of the Little Rock Marathon is open, race officials said Wednesday, adding that the theme this year should transport participants a few thousand years. Little Rock Marathon Executive Director Geneva Lamm said the marathon registration from now until September...
July 19, 2023
Thule Inc’s Q2 Sales Fall on Continued Cycling Inventory Imbalances
Thule Inc. reported another challenging quarter as sales fell 15 percent in the Swedish company’s second quarter. The decline was blamed on continued weak bike-related product sales as retailers continue to focus on reducing inventory levels. The maker of car racks and bike accessories indicated inventories had returned to more...
July 19, 2023
Carbitex Announces Leadership Appointments, Manufacturing Shift
KENNEWICK, Washington (July 19, 2023) /ENDURANCE SPORTSWIRE/ – Carbitex – the leader in flexible carbon fiber composites focused on footwear, travel, and accessories – is pleased to announce key updates that will further strengthen its position in the market and enhance the customer experience both in the United States and abroad....
July 19, 2023
RBC GranFondo Whistler announces new military categories in support of Invictus Games Vancouver Whistler 2025
[Vancouver / Whistler, BC]/ENDURANCE SPORTSWIRE/ - In April 2022, Prince Harry, The Duke of Sussex, announced as the Founding Patron of the Invictus Games Foundation that the bid for the Invictus Games 2025 had been awarded to Canada. The Games will occur from February 6 to 17, 2025, in Vancouver...
July 19, 2023
Triathlon Coach Jim Vance Joins 80/20 Endurance to Lead Coach Education Programs
Lehi, UT /ENDURANCE SPORTSWIRE/ – 80/20 Endurance, a leading provider of online training resources for endurance athletes, is pleased to announce the appointment of veteran triathlon coach Jim Vance as the company's Coach Education Leader. In this role, Vance will spearhead efforts to expand and manage the training, education, and support...
July 18, 2023
Giant Group Sales Inch Down in Q2 as June Decline Disappoints
Revenue was for the Taiwan-based bike manufacturing company totaled NT$22.42 billion (US$ 730.3 mm) in the second quarter, a decline of 1.24 percent from NT$22.70 billion in Q2 2022. June sales were down 13.5 percent from the prior-year comparable month, following a 3.5 percent decline in May as the declines...