All Fitness articles – Page 6
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News briefsGymshark elevates Carly Natalizia to Chief Digital Officer
Gymshark has announced the promotion of Carly Natalizia to the role of Chief Digital Officer, a position newly created within the company. Natalizia, who initially joined Gymshark in 2022 as vice president of marketing, international, has steadily climbed the ranks, subsequently serving as global marketing director in 2023. Before her ...
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ArticleGymshark’s annual profit drops despite higher sales
UK-based sportswear company Gymshark, which closed its regional sourcing offices in Hong Kong and Mauritius and restructured its North American team last FY, suffered a 32 percent decline in annual operating profit to £20,087,000 (€23.5m) for the 12 months ended July 31, 2023. Net profit, impacted by a 320 percent ...
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News briefsBowflex may be on the brink
Bowflex, the publicly traded fitness company, which rebranded itself from Nautilus, is facing liquidity issues that may lead to a bankruptcy filing or an outright sale of the Seattle-based business. In a public filing yesterday, the company cited both deteriorating macroeconomic concerns and a decline in customer demand, challenging its ...
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ArticleXponential completes divestiture of Stride Fitness
Xponential Fitness, the world’s largest franchisor of health and wellness brands, announced that it has finalized the divestiture of its Stride Fitness brand to Stride Fitness Franchising Inc., owned by Shaun Grove. Grove is currently the President of Rumble Boxing. Founded in 2017 by Misa Dugally and Katie Ownbey and ...
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News briefsFrasers Group acquires WIT Fitness
Frasers Group, the owner of Sports Direct and House of Fraser, has purchased gym and fitness wear specialist WIT Fitness. The retail group has acquired the assets and intellectual property of the London-based sports performance brand. Frasers Group is majority-owned by British retail tycoon Mike Ashley. WIT Fitness is best ...
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News briefsEgym and Life Fitness expand partnership
In a strategic move to elevate the realm of fitness, Egym and Life Fitness, two global powerhouses in the industry, have announced the reinforcement of their strategic partnership. The collaboration aims to “revolutionize the cardio workout experience” by integrating Egym’s fitness technology with Life Fitness cardio equipment, promising gym-goers an ...
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News briefsHyperice expands patent infringement lawsuits
Hyperice, a California-based wellness brand specializing in therapy technology, has filed a total of 16 new lawsuits in federal court against Sharper Image, HoMedics, Ekrin Athletics and a dozen other companies that have sold massage guns that allegedly infringe Hyperice’s patented percussion massage technology. The lawsuits encompass both direct sellers ...
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News briefsNike unveils enormous mono-brand store in Singapore
Nike is set to launch its largest mono-brand store in Asia outside of China, in collaboration with Middle East-based retailer GMG, on Singapore’s Orchard Road. The upcoming Nike Orchard store will cover an expansive 2,600 square meters over three floors, offer online-to-offline services and feature exclusive Jordan Brand merchandise. According ...
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News briefsAdidas partners with Bumble to tackle “gymtimidation”
Adidas has unveiled a partnership with online dating and networking application Bumble to tackle so-called “gymtimidation,” or intimidation felt at the gym, which can become a barrier to training for athletes at all levels. A new Adidas interest badge, called “Gym buddy,” can now be added to profiles via Bumble, ...
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News briefsXponential updates FY23 operating highlights
US-based Xponential Fitness, Inc., a global franchisor of boutique fitness brands, which generated $1.4 billion in systemwide sales and 16 percent same-store sales growth in 2023, has updated its FY23 operating highlights. This includes an increase in the number of studios to 3,062 and total licenses to 6,255 across ...
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News briefsPolar opens its ecosystem to other product segments
Polar Electro has unveiled a new partnership with the German premium audio brand Sennheiser. Sennheiser’s new fitness-focused Momentum Sport earbuds will be powered by Polar, which means it’s offering wearers access to Polar’s suite of biosensing capabilities and enhanced guidance for fitness and wellbeing. The earbuds will provide more than ...
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News briefsSunnyFit releases free fitness app
In over two decades, California-based Sunny Health & Fitness has had profitable growth in the fitness industry. Now, they are releasing SunnyFit, a free fitness app built on their own products. The goal of the fitness app is to “reshape the way individuals engage with their health and well-being.” However, ...
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ArticleOn Holding plans further expansion, but no Tiger signing
Swiss company On Holding, which had a phenomenal 2023 in terms of sales and profitability growth, is promising to unleash a plethora of new products over the next 10 to 24 months and be a player at the Paris Games (including new uniforms for the Swiss National Team) this summer, ...
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ArticleStrava releases Year In Sport Trend Report, social connections most important
Strava has released its Year In Sport: The Trend Report, highlighting global trends among active people across all generations. It reveals that Generation Z’s behaviors and habits differ from other generations, but they also have different motivators, barriers and interests when it comes to staying active. For the report, Strava ...
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News briefsTikTok and Peloton enter exclusive partnership offering short-form fitness classes
Connected fitness company Peloton and social media short video platform TikTok have announced an exclusive partnership to bring Peloton’s workout content to the TikTok community. The result is a new fitness hub on TikTok called #TikTokFitness, where Peloton will create its own co-branded hub with customized Peloton content: #TikTokFitness Powered ...
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News briefsUS Sports & Fitness Industry Association Chairman re-elected
The US Sports & Fitness Industry Association (SFIA) announced the re-election of Jonathan Ram, Chief Executive Officer of Clarks, as Chairman of the SFIA Board of Directors for the 2024 term. In addition, Isabel Coscia, Senior Vice President of Marketing at Technogym, Ryan Cruthirds, Chief Digital Commerce and Brand Development ...
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ArticleHyperice sues Therabody for infringement of percussion patent
Hyperice, a California-based provider of muscle and joint restoration, mobility and performance enhancement technologies, filed a lawsuit in federal court on Jan. 3, 2024, against Therabody, Inc., which is also based in California and manufactures the Theragun line of percussion massage guns and other products, alleging infringement of Hyperice’s patented ...
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ArticleXponential Fitness closes master franchise agreement for Pure Barre and YogaSix in Japan
US-based Xponential Fitness, Inc., a global franchisor of boutique fitness brands, announced the signing of a master franchise agreement for Pure Barre and YogaSix in Japan with Sunpark Co. Ltd. Sunpark has committed to open at least 50 franchise studios for Pure Barre and Yoga Six in the country. The ...
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ArticlePolar releases “2023: Reflected”, showing physical activity, sports, and sleep trends
Polar Electro announced the release of its “2023: Reflected” report, revealing global activity, sports, and sleep trends. With walking emerging as the second most tracked activity globally, this year’s findings confirm the commitment to moderate-intensity physical activity to stay active and nurture personal wellness. Walking makes up nearly 16 percent ...
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News briefsAlibaba.com records rising demand for smart fitness and sustainable sports products
B2B e-commerce platform Alibaba.com recently published the most important trends among B2B buyers in the sports sector. The Chinese company found that the total number of orders for smart fitness products increased by 51 percent year-on-year (mid-October to mid-November 2023 compared to the same period in 2022). The most popular ...
