All Fitness articles – Page 14
-
News briefsLacoste opens largest flagship store on Champs-Elysées
Lacoste opened a 1,600-square-meter store at 50 Champs-Elysées in Paris, at the corner of rue du Colisée, on May 20. The new retail space – dubbed Lacoste Arena – is the brand’s largest flagship store globally. Tennis takes center stage in the new store, alongside the brand’s collections for golf ...
-
News briefsPlanet Fitness expands into New Zealand
Planet Fitness, an American franchisor and fitness center operator based in Hampton, New Hampshire, signed a territory development agreement with Castle Point Fitness NZ Ltd. to expand the brand into New Zealand. Castle Point is a joint venture between the founder of The Fresnel Companies, a U.S. investment firm with ...
-
ArticleXponential Fitness signs multi-brand master franchise agreement for Mexico
Xponential Fitness, Inc., the world’s largest franchisor of boutique fitness brands headquartered in California, announced the signing of a master franchise agreement in Mexico for its StretchLab, Rumble and AKT brands. The agreement provides the master franchisee with the ability to license at least 60 studios of the three brands ...
-
News briefsAmer completes sale of Suunto
Amer Sports and Liesheng have completed the transaction in which Amer sold Suunto to the Chinese technology company, first announced in January. Suunto will continue to focus on high-end outdoor wearables under its new ownership, the participating parties said. Rothschild & Co acted as financial advisor and Avance as legal ...
-
ArticleGarmin reports record first quarter revenue, growth in all segments except fitness
Garmin reported total revenue of $1.17 billion in Q1 2022. Strong double-digit growth in the outdoor, marine and automotive segments was primarily responsible for the nine percent year-over-year increase. Only the fitness segment saw double-digit declines, and aviation grew by 1 percent. The gross margin was 56.5 percent, while the ...
-
News briefsWahoo acquires RGT Cycling and launches Wahoo X subscription service
U.S. company Wahoo Fitness has added the virtual cycling platform RGT Cycling (now Wahoo RGT) to its ecosystem of training and community connection solutions. Wahoo RGT is a virtual cycling simulator platform using detailed virtual roads, to be cycled alone or with others. Routes can be picked either from a ...
-
ArticleFIBO is back and the fitness industry is moving again
51,270 visitors attended the world’s largest fitness trade show, FIBO in Cologne, from April 7 to 10, according to the organizers. Internationally, the show was able to attract experts from 109 countries, including Italy, Spain, France, the U.K. and Poland, South Africa, Australia and Brazil, and from Israel and the ...
-
News briefs
Centr, Inspire Fitness merger has Hollywood, Amazon components
The Aussie actor who plays Thor and the brother of Amazon founder Jeff Bezos have teamed up to create a new health and wellness platform with global aspirations. HighPost Capital, a private equity firm led by David Moross and Mark Bezos, has acquired Centr, a digital fitness platform founded by ...
-
News briefsSuuntoPlus Guides bring new, dynamic features to Suunto watches
About ten years after Suunto’s first app platform, Suunto AppZone, the Finnish GPS sports watch and dive computer specialist is now bringing the new SuuntoPlus Guides to its Suunto 9, Suunto 5 and Suunto 3 watch models. The new SuuntoPlus Guides provide athletes with personalized real-time guidance from their favorite ...
-
News briefsAsics researches impact of physical exercise on mental state
In the ongoing Asics’ Uplifting Minds study, research conducted over a period of eight months and with thousands of participants so far, the brand has found a significant impact of physical inactivity on the participants’ minds. Part of the study was the ”Mind Race”, an experiment for which regular exercisers ...
-
News briefsFitnessConnected, therapie München and ISPO Munich cooperate
In November, FitnessConnected and therapie München will coincide at the same time as ISPO Munich. The cooperation of the three trade shows includes clear focal points: FitnessConnected will concentrate on the topic of “commercial fitness” in a dedicated trade show hall, ISPO Munich will feature the topic of “home fitness” ...
-
News briefsTrue Fitness with changes in sales and marketing leadership
True Fitness, a manufacturer of commercial cardio and strength equipment under the True and Octane brands since 1981, has announced changes to its leadership structure. Through these changes, the company aims to improve its North American and international sales position and continue its growth. David Trulaske has been named the ...
-
News briefsHydrow raises $55 million in Series D funding
Hydrow, the at-home connected rower, has announced that it has raised around $55 million in Series D funding, led by Constitution Capital with continued support from L Catterton and RX3 Ventures and additional participation from Liberty Street, Activant Capital and Sandbridge Capital. L Catterton, the largest global consumer-focused private equity ...
-
News briefsNew Global Category Manager for cross training at inov-8
After an eight-year absence, Chris Melton has returned to British running, hiking and fitness brand inov-8 as the new global category manager for cross training. Starting March 14, he is also responsible for the sales of footwear and apparel in Central and South America. Source: innov-8 Chris Melton ...
-
News briefsSalvesen & Thams acquires Norwegian fitness equipment supplier Mylna Gruppen
The Norwegian investment company Salvesen & Thams, with co-investors, has agreed to acquire Mylna Gruppen AS, Scandinavia’s largest supplier of fitness equipment to the professional and consumer markets. Salvesen & Thams will become the majority owner of the Mylna Group. The Mylna Group sells fitness equipment to sports retailers, gyms ...
-
News briefsGym+Coffee adds seven female football and cricket ambassadors to athlete’s teams
Irish activewear and athleisurewear brand Gym+Coffee has added seven new faces to its ”Make Life Richer Collective.” Professional football and cricket athletes Jodie Taylor, Rachel Corsie, Carla Humphrey, Sandy Maclver, Danni Wyatt, Sophia Dunkley and Tammy Beaumont are now official brand ambassadors of the fast-growing Irish company. Gym+Coffee currently has ...
-
ArticleiFit Health & Fitness raises $355 million in capital, names co-presidents
Months after abandoning a $650 million initial public offering due to unfavorable market conditions, iFIT Health & Fitness, formerly known as Icon Health & Fitness and parent of the NordicTrack, Weider and ProForm fitness brands, amongst others, has raised $355 million in capital from L. Catterton, the largest global consumer-focused ...
-
News briefsTherabody plans to expand brick-and-mortar presence
Therabody, the digitally native specialist in wellness technology, has announced plans to open six new standalone retail locations across the U.S. in 2022. Three opened in January, including White Plains in New York state, Caesars in Las Vegas, and Santa Monica, California. Three more are expected to open soon in ...
-
News briefsGermans invest in home fitness
A representative study by the German Industry Association for Fitness and Health (DFIG) has found that home fitness continues to be a growth market in Germany. The Covid-19 pandemic has boosted the market, and this trend continues. The survey shows that: 50 percent of households in Germany purchased fitness ...
-
News briefsPrecor has a new VP
Peloton has named former Microsoft veteran Betsy Webb, who joined the fitness company last summer, to head its Washington-based subsidiary Precor, part of Peloton Commercial. She replaces Rob Barker, who left the company last week after 27 years. He is reportedly focusing on his investment business and moving to Europe ...
