All Fitness articles – Page 20
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Article
Garmin's fitness and outdoor segments post double-digit sales growth
Garmin posted revenues of $722.3 million for the third quarter ended Sept. 24, which represent a 6 percent growth versus the previous year's third quarter. Growth was driven by fitness, outdoor, marine and aviation, which collectively grew by a combined 24 percent, and contributed 70 percent of total revenues. The ...
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News briefs
Nautilus, the owner of Octane Fitness, has announced that Dennis...
Nautilus, the owner of Octane Fitness, has announced that Dennis Lee will leave Octane at the end of the year. Lee is currently the company's vice president and general manager of commercial and specialty. Ryan Simat, a veteran of the company and the current vice president of sales, has been ...
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News briefs
Incentives for fitness participation are being introduced in France for...
Incentives for fitness participation are being introduced in France for companies subscribing to a new collective insurance policy for their employees, called Generali Vitality. The contract is a partnership between Generali and Discovery, a South African insurance company that has reportedly made similar deals with Prudential Insurance in the U.K., ...
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News briefs
Casall, the Swedish fitness brand, is returning to the Dutch...
Casall, the Swedish fitness brand, is returning to the Dutch and Belgian markets through a distribution agreement that started earlier this year with the Flow Sports Group. This Dutch-based company sells its own equipment brand as well as Casall and Gaiam products. The Dutch customers include Topshelf, the chain of ...
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Article
Brunswick further expands its fitness portfolio
Brunswick Corp. has announced an agreement to acquire the Indoor Cycling Group (ICG), a German company that specializes in the design of indoor cycling equipment. The terms of the transaction were not disclosed. ICG has exclusive rights to the Wattrate Power Meter, a power meter for the fitness market, as ...
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Article
Outdoor and fitness drive Garmin
Sales increases of 23 percent in the outdoor segment and 34 percent in the fitness segment in the second quarter ended June 25 allowed Garmin to strengthen its position in the rapidly growing wearables market, helping the company to book a 5 percent increase in total revenues to $812 million. ...
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News briefs
Cybex International, the fitness company recently acquired by Brunswick Corp.,...
Cybex International, the fitness company recently acquired by Brunswick Corp., parent company of Life Fitness, has broken ground on a $23 million expansion of its manufacturing facility in Owatonna, Minnesota. The extension should double the factory's capacity and add 100 jobs to the existing staff of 324 people.
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Short stops
Nautilus is suing Icon Health & Fitness, charging that its...
Nautilus is suing Icon Health & Fitness, charging that its FreeStride Trainer infringes on four patents related to its own self-adjustable Variable Stride feature
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News briefs
The fitness segment of Brunswick Corp., led by Life Fitness,...
The fitness segment of Brunswick Corp., led by Life Fitness, reported an 18 percent increase to $218.3 million for the first quarter ended April 2, but its operating income fell by 22 percent to $20.1 million due to higher marketing expenses and $3.8 million in integration costs for the newly ...
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News briefs
Fibo, the trade fair for fitness, wellness and health organized...
Fibo, the trade fair for fitness, wellness and health organized by Reed Exhibitions Deutschland, set an all-time record this year. According to the organizers, the event attracted a total of 153,000 visitors to Cologne, as compared to 136,000 in the prior year, including 83,000 trade visitors from more than 100 ...
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Article
Garmin bets on fitness and outdoor
Garmin announced a sharp 37 percent decline in net income to $132 million for the fourth quarter of its financial year, ended Dec. 26. The quarterly gross margin fell marginally by 0.7 percentage points to 52.9 percent.The fitness segment saw a 51 percent gross margin decrease as a result of ...
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News briefs
Kettler, the German fitness equipment company that went into self-administered...
Kettler, the German fitness equipment company that went into self-administered receivership in June, said it would exit the proceedings and resume business without restrictions from the start of April. Kettler already moved closer to the end of the proceedings in February when its insolvency plan was approved by creditors. The ...
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News briefs
Asics Corp. has joined the industry-wide connected fitness movement by...
Asics Corp. has joined the industry-wide connected fitness movement by acquiring FitnessKeeper, a company in Boston that owns Runkeeper, a popular GPS-based running app. The takeover should allow the brand to obtain data that will help to guide its marketing activities. FitnessKeeper was founded in 2008 and its app is ...
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Article
Amer gears up for expansion in ball sports and fitness
Amer Sports ended last year with a robust fourth quarter, again fueled by sharp rises in apparel and footwear sales. The turnover of the Finnish group, with brands from Salomon to Atomic, Arc'teryx, Wilson and Precor, among others, increased by 11 percent to €783.7 million, with a rise of 6 ...
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Article
Brunswick’s fitness unit expands
Brunswick Corp., the owner of Life Fitness and other fitness brands, saw the sales of its fitness division increase by one percent to $237.7 million for the fourth quarter of last year, with an increase of 4 percent in constant currencies. While its U.S. turnover improved by 8 percent with ...
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Article
UA invests in digital fitness gear
After several acquisitions in connected fitness communities last year, Under Armour has come up with its own package of connected fitness devices, consisting of a health tracking system, as well as a smart shoe and two wireless headphones.Meant to be used with a new version of the company's UA Record ...
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Short stops
Stroops' elastic fitness bands are going to be distributed in...
Stroops' elastic fitness bands are going to be distributed in Spain by Tecnosport España
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News briefs
Implus, the acquisitive U.S. company that owns numerous sports, fitness...
Implus, the acquisitive U.S. company that owns numerous sports, fitness and footwear accessories brands, has enlarged its fitness category to form the Implus Fitness & Wellness Division, after the purchase of Trigger Point Performance, Harbinger Fitness and Fuel Belt earlier this year. The move is meant to accelerate expansion in ...
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News briefs
Athos, a U.S. start-up specializing in smart fitness apparel, has...
Athos, a U.S. start-up specializing in smart fitness apparel, has raised $35.5 million in investments led by Social Capital. Other investors in the fundraising are MAS Holdings, an apparel manufacturer from Sri Lanka, Lightspeed Venture Partners and Felix Capital, along with existing shareholders DMC, True Ventures and Joe Lacob, the ...
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Article
Brunswick plans expansion in fitness
Brunswick Corporation, the owner of Life Fitness, is targeting sales of $5.0 to $5.3 billion in 2018, compared with about $4.1 billion this year, relying chiefly on expansion in its marine and fitness divisions. The U.S. group said on its investor day earlier this month that the expansion would include ...
