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 6, 2026
Creditors Bash Grand Slam Track, Threaten to Sue: ‘Shocking Levels of Incompetence’
The unpaid vendors of Grand Slam Track are enraged at the league’s plan for getting out of bankruptcy, which would nearly make athletes whole while repaying most vendors only about 1.5% of what they are owed. The committee of unsecured creditors said in a court filing on Thursday that Grand...
March 5, 2026
Oura Acquires Doublepoint — The $11 Billion Wearable AI Play
Oura, the Finnish health-technology company behind the world’s leading smart ring, has acquired Doublepoint, a Helsinki-based AI gesture-recognition specialist. The deal — the company’s fourth strategic acquisition — arrives five months after Oura closed a $900 million Series E round that valued the business at approximately $11 billion, and positions...
March 3, 2026
On Holding Outperforms Q4 Expectations, Exceeds Sales of 3B Swiss Francs for Year
On Holding continued to run hotter than Wall Street expected in the fourth quarter as the Zurich-based running brand posted sales and profits that exceeded expectations. But revenue guidance came in below expectations for 2026 and drew a lukewarm response from analysts, driving the stock down on Tuesday, albeit on...
March 2, 2026
A Track Star, Doping Allegations, & The NCAA’s Anti-Doping Policy Exposed
Multiple ex-teammates of the NCAA's #1 DIII men's distance runner allege he used banned substances in 2025. Since transferring to Rowan University for the 2026 spring semester, Seth Clevenger has taken the NCAA Division III track & field scene by storm. On February 13, Clevenger, a former runner for the top-ranked...
March 2, 2026
MyFitnessPal Acquires Rival AI Nutrition-Tracking App
The deal for Cal AI marks the latest move in a recent wave of fitness and wellness app consolidation MyFitnessPal has acquired Cal AI, a nutrition tracking app built by a group of Forbes “30 Under 30” entrepreneurs that generated more than $40 million in sales in the last year....
March 1, 2026
Major brand recalls 20,000 e-bikes due to separating rear wheel
Nearly 20,000 electric bicycles are being recalled in the US after a defect was discovered that could cause the rear wheel to separate from the bike, posing a crash risk. The recall affects certain model year 2026 electric bikes from Trek Bicycle Corporation and its sister brand Electra Bicycle Company....
February 27, 2026
Xponential Fitness Agrees To Pay Nearly $40M in Settlements, Shares Plunge
The boutique fitness and wellness franchisor disclosed a proposed FTC consent agreement and franchisee settlement alongside a weak earnings report Xponential Fitness has agreed to pay $17 million to resolve a previously disclosed Federal Trade Commission investigation. The boutique fitness and wellness franchisor also finalized a $22.75 million settlement with...
February 26, 2026
U.S. Olympian and coach Jeff Galloway dies at age 80
On Wednesday in Pensacola, Fla., Jeff Galloway, the Olympian and influential coach and author, died at age 80. His son, Westin Galloway, said the cause was complications from a stroke. As a 1972 Olympian in the 10,000 metres and a former American record-holder at 10 miles, Galloway was also the founder of...
February 26, 2026
Merrell and Saucony Continue to Lead Sales Growth at Wolverine Worldwide in Q4
Shares for Wolverine Worldwide Inc. climbed over 5 percent in pre-market trading on Thursday as the company finished 2025 on a high note. The Rockford, Mich.-based footwear company said total revenue in the fourth quarter of 2025 was $517.5 million, up 4.6 percent from $494.7 million the same time last year. Net earnings in...
February 26, 2026
Fox Factory’s Diamond Sports and Bike Sales Decline in Fourth Quarter
Fox Factory Holding Corp.’s earnings declined in the fourth quarter but reached the high end of guidance. Sales grew 2.3 percent, as gains in its Powered Vehicles and Aftermarket Applications segments offset a 5 percent drop in Specialty Sports, driven by declines in both diamond sports products and bike products....
