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.
March 31, 2026
Herbalife in planned acquisition of personalised nutrition specialist Bioniq
Bioniq, a developer of personalised supplements based on blood biomarker analysis, has entered into an agreement for the sale of its assets to Herbalife. The deal is valued at up to US$150 million. The transaction, announced this month, is reportedly valued at a purchase price of US$55 million to be paid...
March 31, 2026
WHOOP Raises $575 Million at $10.1 Billion Valuation to Advance Global Health Platform
WHOOP, the human performance company, today announced it has raised $575 million in Series G funding at a $10.1 billion valuation, advancing its global expansion and long-term vision for personalized health. The round was led by Collaborative Fund and includes global participation from 2PointZero Group, Qatar Investment Authority (QIA), Mubadala Investment...
March 30, 2026
California prosecutors charge parents with child abuse following e-moto crash
Prosecutors in California have charged a mother and father with child abuse after their child crashed into a vehicle in Walnut Creek on their e-moto and was seriously injured. Also this weekend, police in Long Beach arrested one operators and seized five e-motos after responding to what they said was...
March 26, 2026
Herbalife acquires Bioniq for $150M
Herbalife, the health and wellness company, has agreed to acquire assets from Bioniq, the UK-based personalised supplements company focused on making health more accessible and actionable, for $150 million. The transaction aims to advance Herbalife’s mission of becoming a technology-enabled, data-driven health and wellness platform. “The future of health and...
March 25, 2026
US Consumers To Spend More on Wellness, Cut Back Elsewhere
Health and wellness was the only category in which consumers planned to increase their spending in 2026, according to data from CivicScience American consumers entered 2026 in a state of economic uncertainty, which continues to be a key driving force behind spending habits. But even amid financial anxiety, wellness remains...
March 25, 2026
Nike’s First Collaboration With a Run Store Features a Super Shoe and Its Most Heavily Cushioned Trainer
Despite Nike’s very origins in running and its leading position in establishing sneaker collaborations, the brand has never collaborated with a specialty run store. That’s now set to change with Renegade, which has doors in Los Angeles and Oakland, Calif., taking on a super shoe and the most cushioned trainer in the...
March 24, 2026
Uncertainty dominates the NBDA Retail Summit
In three terse sentences, Jim Kersten’s opening remarks set the tone for the NBDA Retailer Summit last week. “The calvary is not coming; there’s no bail out on the horizon; the future of your business is in your hands,” Kersten, CABDA’s show director said. Kersten’s brief comments as the summit...
March 18, 2026
Ann Arbor Running Co. Closes Downtown Store
Ann Arbor Running Co. closed its downtown Ann Arbor store to focus on its two other store locations in the city. The store, at 209 S. Ashley Street, shuttered on February 28. The remaining stores in Ann Arbor include one at Traver Village Shopping Center, 2621 Plymouth Road, and a...
March 18, 2026
Lycra Company declares Chapter 11
The Lycra Company, one of the leading producers of spandex used in cycling apparel, filed for Chapter 11 protection Tuesday in the U.S. Bankruptcy Court for the Southern District of Texas. Estimated assets and liabilities were listed at between $100,000-$500,000 million and creditors were listed between 200-999. The list of...
March 17, 2026
Shimano to pay $11.5m penalty for failing to report crankset hazard
Shimano has agreed to pay an $11.5 million civil penalty in the US for failing to immediately report that the cranksets it recalled in 2023 posed a hazard to users. The parts manufacturer recalled 760,000 11-speed Hollowtech II cranksets in September 2023, reporting more than 4,500 incidents of the product separating, six of which...
