The Business of Running

HomeThe Business of Running
Garmin won five CES Innovation Awards

Garmin scored huge wins at the 2026 CES Innovation Awards as the company was honored in four categories with five awards on Thursday. The awards were presented by the Consumer Technology Association with emphasis on highlighting breakthrough innovation and design in products in the tech marketplace. Among the wins for Garmin, the Fenix 8 Pro …

Garmin boosts profit outlook

Garmin's stock slipped on Thursday following the company's third quarter earnings report that indicated mixed results across its multiple product areas compared to the previous quarter. According the the report, sales jumped 12 percent but lagged behind the 20 percent revenue boost the company saw in the previous quarter. The third quarter surge resulted in …

Puma to cut 900 corporate jobs

Puma revealed on Thursday that it will cut 900 corporate jobs as part of long plan to pull the brand back to sustainability by 2027. In the company's third-quarter earnings report, sales were down 10.4 percent at $2.29 billion as priorities now shift toward a “reset phase.” “At the end of July, we stated that …

NYRR and New Balance extend their partnership

New Balance and New York Road Runners announced on Thursday that their long-time partnership, which includes support for numerous events and initiatives, will get a multi-year extension. As part of the deal, both will also team up to rebuild several tracks throughout New York City in a joint refurbishment project that kicks off in 2026. …

London Marathon fundraising record

The 2025 London Marathon set a new world record for the largest annual one-day fundraiser, pulling in $117 million and beating its own previous record from last year's race. London Marathon Events, the organizer of the race that was held on April 27, announced on Tuesday that the new record easily topped 2024's total by …

Strava drops its patent infringement lawsuit against Garmin

Strava has dropped its lawsuit against Garmin, telling a court in Colorado on Tuesday that it is "voluntarily" stepping away from the legal battle it launched 21 days ago alleging patent infringement. In a filing in the U.S. District Court in Colorado, Strava noted that it "voluntarily dismisses the above-captioned action, without prejudice." It puts …

Nike renamed world headquarters to honor Phil Knight

Nike has renamed its world headquarters in Beaverton, Oregon to honor its co-founder Phil Knight who built the company from its deep roots in running to a corporate powerhouse. CEO Elliott Hill revealed in an email to staff on Tuesday that the facility will now be known as Philip H. Knight Campus. "This is more …

Athlos NYC Brittany Brown's double win

Last Friday's Athlos NYC showcase in New York City could be summed up as a party where a few people ran track (and long jumped). Alexis Ohanian and a small army of organizers seemed to roll out a checklist of features that felt like upgrades over an already notable first effort last September at the …