Lululemon Athletica CEO Calvin McDonald will step down from the company after year where the brand has struggled to against younger rivals like Vuori and Alo and the stock price has dipped nearly 50 percent over the year. In a call with analysts on Thursday, McDonald admitted a change was needed. “The timing is right …
Grand Slam Track has filed for Chapter 11 bankruptcy and released a statement on Thursday that served as a update on its status as a league, finances, future plans and commitment to being transparent with its athletes. The statement, titled "To The Grand Slam Track Community," reiterated that financial issues surrounding a key investor hindered …
Garmin released its Year in Review data insights report that took a deep dive into the user trends on its platform in 2025, and running continues its reign while racket sports is an unstoppable riser among its customers. From music to fitness, companies like Strava and Spotify cultivating massive digital footprints are giving detailed looks …
The Running Event touched down in San Antonio, Texas for the first time with a larger venue to serve as host, noticeably more exhibitors and a bold sign that at the retail level, the running industry can double down on a bet to thrive in a sport locked in on consuming indefinitely. Last week's event, …
Running Lab took home top retail honors at The Running Event when it was named 2025 Store of the Year in an award that recognized the specialty retailer making contributions to runners, staff and its local community. The Brighton, Michigan store and owners Toni Reese and Ken Larscheid were highlighted at TRE's closing presentation on …
Strava released its 12th Annual Year in Sport Trend Report on Friday, with running still dominating as the top activity on the platform as run clubs continued to grow on the platform while walking surged to second position among workouts synced to the app. The report is a detailed breakdown of insights into how Strava's …
Running retail footwear sales in the United States rose 9 percent to $5.3 billion over the previous point last year, mostly fueled by higher prices in shops, based on figures revealed at The Running Event in San Antonio on Tuesday. In a session during the trade show, David Durkin, co-owner of consultancy firm Karnan Associates …
As part of a continuing turnaround plan, Nike revealed that it has created a new chief operating officer role while trimming executive positions. In an email sent to employees this week, CEO Elliott Hill said that the company will also appoint the leaders of its four geographic regions, cut the chief technology officer and chief …
Puma's shares saw a boost on the Frankfurt Stock Exchange on Thursday on rumors that Anta Sports and Li Ning Co. were exploring potential takeover bids of the German sports company. An acquisition would give Puma a lifeline in a year where the brand has made changes at the executive level and revised its financial …
World Athletics has told Grand Slam Track that it will not accept a partial payment deal for licensing rights, according to published reports. In an article published by The Times on Thursday, the governing body was adamant that athletes who participated in Grand Slam Track's events — and it vendors — must be paid first …