All Fitness articles – Page 12
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ArticleGarmin operating income dips in Q4, eyes $5 billion in FY23 sales
Positive currency effects of more than $44.5 million helped Garmin report a 2.5 percent increase in Q4 net income to $293.3 million from $286.1 million. Operating income decreased 15 percent to $267.2 million for the period ended Dec. 31, but gross margin improved to 57.0 percent from 55.5 percent. Total ...
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News briefsSuunto with new head of brand
Nicolas Holtzmeyer, new head of brand for Suunto Nicolas Holtzmeyer was appointed head of brand of Suunto on Dec. 1, 2022, moving to the company’s headquarters in Vantaa, Finland. In his new role, he is responsible for Suunto’s global brand presence. His focus will be on building ...
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ArticleNautilus sees lower retail order trend continuing
The fitness company, which has reduced its workforce by 15 percent and is lowering its annual expenses by $30 million, expects lower levels of retail re-orders that hampered Q3 revenues to continue through the first half of 2023.
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News briefsZwift raises $620 million from backers
Zwift has raised $620 million from backers including Amazon’s Alexa Fund, KKR & Co. and Permira Holdings. According to Bloomberg, Zwift expects these investments to enable it to increase subscription prices, reach the milestone of ten million subscriptions (from roughly one million), take the company public and eventually invest in ...
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News briefsFIBO to increase space for wellness sector
At the coming FIBO trade show, taking place on April 13-16 in Cologne, the world of wellness and spas will get more space alongside the established big fitness industry players. A new meeting point spa & wellness in hall 8 will offer exhibition space as well as an agenda of ...
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News briefsPolar expands into algorithm business as ingredient brand
Fitness software and product supplier Polar has launched a new website dedicated to the selling and licensing of its algorithms. The company offers full-service partnerships, from the configuration and implementation of algorithms into devices to marketing support, assisted by a dedicated team at Polar. The new offering is aimed at ...
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News briefsSportmaster launches winter gear rental service
Sportmaster, Russia’s largest sporting goods retailer, has launched a new winter equipment rental service. Available items include snowboards, cross-country skis, skates and field hockey equipment. For example, a Termit Fastlane snowboard with Stream bindings can be rented for 310 rubles (€4.20) per day or 5,850 rubles (€78.70) per month. Nordway ...
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News briefsAdidas launches new sportswear for women, backed by research
Adidas has expanded its women’s sportswear portfolio with new high-performance bras and leggings to offer women more purposeful and better performing sports underwear. The new collection was developed in collaboration with professor of sports science and physiological advisor to elite athletes, Jason White, and professor Joanna Wakefield-Scurr, head of the ...
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News briefsKettler pilots new fitness equipment rental service in German cities
In partnership with the Munich-based service provider Mietfit, Kettler started a new rental program for training machines such as the Tour 300 cycle ergometer or the Optima 800 cross-trainer, which can be selected on the Kettler website. The offer is aimed at customers who only train at home in winter, ...
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News briefsMetabolism measurement technology provider Lumen raises $62m
Source: Lumen Israeli company Lumen, founded in 2014, has raised $62 million in a Series B funding round led by Pitango Growth. Participating investors include Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Almeda Capital and Disruptive VC. Lumen focuses on a handheld device and a connected ...
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SponsoredISPO Munich 2022: Health & Fitness and the Padel Village in Hall C1
Premiers, product launches, and exercise for you. This is what to expect from Hall C1 at ISPO Munich.
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News briefsXponential Fitness lifts its FY22 revenue guidance
Xponential Fitness, the global franchisor of boutique fitness brands, has elevated its full-year revenue and adjusted Ebitda guidance and re-affirmed its outlook for studio opening and systemwide sales in North America. The California company, whose brand portfolio includes Row House, Pure Barre, and Club Pilates, among others, is forecasting 500 ...
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News briefsLululemon launches new online fitness platform
Lululemon Athletica has launched its new fitness content service, Lululemon Studio, on Oct. 5, accessible via the subscription platform Mirror. Lululemon Studio builds upon the more than 10,000 on-demand and live-streamed classes already available with a Mirror subscription and adds fitness content from sought-after studios and Lululemon partners across North ...
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News briefsCLMBR rolls out second generation of vertical climbing machine
Source: https://clmbr.com/the-machine CLMBR 2 CLMBR is launching the second iteration of its vertical climbing machine, now available for pre-order. The new generation of CLMBR features a technological upgrade called CLMBR Vision, which allows users to access live, dynamic coaching and feedback while they exercise, including off-machine strength ...
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News briefsiFit Health & Fitness reportedly loses key executives as CEO search continues
IFit Health & Fitness, the U.S. connected fitness company that formally withdrew its registration statement for an initial public offering in early April, is losing two top senior executives, according to a report by the NY Post yesterday. CFO Steve Barr, named co-president in February, and Tony Smith, a 28-year ...
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News briefsDecathlon France promotes physical activity in its stores
Decathlon France has launched the 27th edition of Vitalsport, its initiative to encourage people of all ages and abilities to participate in sports. Vitalsport will launch in 124 French stores this September. The event, which is free and open to all, brings together local sports players and visitors, offering the ...
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News briefsIncome soars at Planet Fitness
Net income at Planet Fitness was up by 67 percent for the second quarter of this year and by 105 percent for the half, reaching €25.1 million and $43.4 million, respectively. The U.S. gym franchisor and operator’s revenues for the quarter and half amounted to $224.4 million (up by 63.5%) ...
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News briefsNike launches maternity training program globally
Nike is introducing a global maternity training program to encourage more pregnant and postpartum women back into sport, dubbed Nike (M)ove Like a Mother. The training program includes cardio, strength training, mobility and yoga throughout every stage of pregnancy. The core of the program is a 24-workout prenatal and postpartum ...
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News briefsXponential Fitness signs master franchise agreement with CycleBar for Japan
Xponential Fitness, a global franchisor of boutique fitness brands based in California, has signed a master franchise agreement in Japan for the indoor cycling brand CycleBar. The deal, signed with Xponential’s master franchisee for Club Pilates in Japan, allows the new master franchisee to license at least 30 CycleBar studios ...
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News briefsFITEX Paris, a new fitness show
FITEX is a new trade show and congress experience that will debut in Paris later this year. The event’s first edition is scheduled to take place at the Parc Floral, in the 12th arrondissement of France’s capital city, from Oct. 6 to 9. The show will be open to professionals ...
