All Fitness articles – Page 9
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ArticleLululemon to host World Mental Health Day activities around the globe
Canadian company Lululemon is launching a series of interactive wellness events in communities around the world in honor of World Mental Health Day on Oct. 10, 2023. The day aims to raise awareness and create positive change around the world through mental health education. Planned events range from collaborative sweat ...
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ArticleLululemon releases latest Impact Report
In its third annual Impact Report, released Sept. 12, Lululemon provided a detailed account of progress and lessons learned from its multi-year strategies and commitments to advance the well-being of people and the planet. At the heart of the Power of Three ×2 growth plan is Lululemon’s Impact Agenda, which ...
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News briefsMore sports features on the new Apple Watch
Apple will be releasing its Apple Watch Series 9 in stores on Sept. 22. From the sports perspective, the most salient novelties are the new double-tap gesture (to come in a software update in October), a faster and more capable Siri and the new features of the operating system. ...
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ArticleGowalking.com goes online to unite fitness walkers worldwide
On Sept. 12, Gowalking.com launched a start-up founded by Jeremy Goldstein with the goal of connecting and supporting the world’s estimated 1.2 billion fitness walkers by providing a simple and innovative platform to find and join local walking groups and receive the latest walking fitness news. Gowalking.com ...
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News briefsAthleisure market to grow at 5.2% CAGR by 2032
The global athleisure market generated $2.0 billion in 2022 and is projected to generate $3.2 billion by 2032, posting a compound annual growth rate (CAGR) of 5.2 percent from 2023 to 2032. The data is included in a recent 300-page report by Allied Market Research, a business-consulting wing of Allied ...
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ArticleUYN banks on new biotech fibers
Source: UYN Evolutyon Biotech Italian brand UYN (Unleash Your Nature) has developed a range of new high-performance biomaterials. From Kapok, the so-called “plant wool,” to Flexicorn, an elastic fiber made from corn seeds, these fibers are designed to replace those synthetic ones derived from fossil fuels that ...
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News briefsXponential Fitness signs deal with Gympass, cites 3-year operating targets
The largest global franchisor of boutique fitness brands has issued new operating targets for 2026 that include systemwide sales of $2.33 billion, revenues of $405 million and adjusted Ebitda of $190.0 million as it opens 500 new studios. Xponential Fitness, which generated a 9 percent increase in Q2 net profit ...
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News briefsFabletics launches desert-inspired collection with Khloé Kardashian
California-based activewear brand Fabletics, founded in 2013, has announced its latest celebrity collection in collaboration with entrepreneur, fitness enthusiast and television star Khloé Kardashian, launching Sept. 8. The nine fashionable pieces feature a desert-inspired theme that the company says reflects Kardashian’s perseverance and is directly influenced by her ability to ...
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ArticleSport-Tiedje becomes Peloton’s strategic partner in Germany
Peloton is strengthening its retail presence by entering into a collaboration with the Sport-Tiedje Group that will make the fitness retailer the exclusive distributor of Peloton fitness equipment in Germany. The collaboration represents a key milestone for the connected fitness company, expanding access to its fitness equipment and instructor-led classes ...
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ArticleISPO Munich 2023 offers New Perspectives on Sports
Only three months before the leading sporting goods trade show, ISPO Munich opens its doors again at the Messe München exhibition center. The show, which will take place from Nov. 28-30, 2023, will be thematically divided into the following areas: Outdoor (Halls A1-A3): From large booths to merged villages, ...
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News briefsGarmin updates Venu smartwatch series with wheelchair features
Source: Garmin Venu 3S Garmin has introduced the Venu 3 and Venu 3S smartwatches. The Venu 3 duo includes, among other new features, a wheelchair mode. Wheelchair users can track daily pushes instead of steps and receive weight shift alerts. These two models also offer wheelchair-specific sports ...
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ArticleLululemon raises FY outlook; will aim to accelerate its unaided brand awareness
Lululemon, with so many aspects of its balanced approach moving ahead positively, wants to grow its unaided consumer brand awareness around the globe. The company, while keeping its marketing spend “relatively stable,” intends to make further brand investments in H2 that will focus on digital media, in-store and targeted television ...
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News briefsNew Lycra brand products to be shown in Shanghai
The Lycra Company, developer of innovative and sustainable fiber and technology solutions for the apparel and textile industry, is showcasing its latest products at Intertextile Shanghai (Aug. 28-30, 2023). The company’s booth will feature three new Lycra brand fibers making their trade show debut. To meet the market’s need for ...
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News briefsGympass raises $85 million in equity funding
Corporate wellness platform Gympass has announced that it has raised $85 million in Series F funding, led by EQT Growth, with participation from Neuberger Berman. The funding comes in at what the company has described as “a record year” on the heels of several milestones. Gympass surpassed 15,000 corporate customers ...
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ArticlePeloton Interactive takes steps to accelerate reach; Q4 loss shrinks
Roadblocks, namely costs associated with a bike seat recall and a separate legal settlement, detracted from Peloton Interactive’s financial recovery in Q4 under CEO Barry McCarthy. But the company is continuing to implement new initiatives aimed at sales and profitability growth and attracting a wider base of younger, fitness-focused consumers ...
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ArticleAnta Sports gets H1 sales lift from all segments, brands
Anta Sports Products Ltd. achieved a 32 percent increase in H1 operating profit to 7,623 million yuan renminbi (€1.02bn) for the six months ended June 30. Gross margin improved by 130 basis points to 63.3 percent from 62.0 percent, while profit attributable to shareholders increased by 40 percent to RMB ...
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News briefsUYN opens its first U.K. store amidst international expansion plan
Italian brand UYN (Unleash Your Nature) has opened a store in Cambridge, its first in the UK. SGI Europe reported about this planned opening earlier this month while the brand was inaugurating another store in Peschiera, on Italy’s Lake Garda. The Cambridge store is located on Market Hill, in the ...
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News briefsFitness start-up Rolla raises €6.3 million in seed round
Bosnia and Herzegovina-based fitness tech firm Rolla has announced that it has raised €6.3 million in a seed funding round as it plans to launch in 2024. The round was led by Croatian entrepreneur Mate Rimac, CEO of Rimac Group, and Romania-based Hellen’s Rock, the family office of Superbet founder ...
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ArticleXponential Fitness operating income ticks up 1 percent in Q2
The global franchisor of boutique fitness brands, which signed a master franchise agreement for France during the period, reported a 1 percent increase in Q2 operating income to $36.5 million from $36.1 million. Net income attributable to Xponential Fitness rose by 9.2 percent to $18.4 million on 30 percent revenue ...
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News briefsIndia’s leading fitness brand signs Bollywood superstar
Source: PRNewsfoto/Cult.fit Cult.fit onboards actor Ranveer Singh as brand ambassador Cult.fit, India’s leading health and fitness brand founded in 2016 by Mukesh Bansal and Ankit Nagori, announced Indian actor-superstar Ranveer Singh as its new brand ambassador, taking on the role of Cult.fit’s “Motivator in Chief.” The association ...
