Fitness – Page 12
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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 ...
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News briefsSportsArt announces worldwide fitness partnership with Accor Group
Source: SportsArt Ruben Mejia, executive vice president, SportsArt Americas SportsArt, a U.S. provider of fitness solutions, has been chosen by Astore – the French multinational hospitality company Accor Group’s procurement organization – as a global preferred vendor outfitting their fitness centers with SportsArt’s patented ECO-POWR cardio equipment. ...
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ArticleGarmin’s Q2 revenues hurt by another double-digit drop for fitness
Garmin experienced a double-digit decline in revenues from its fitness segment for a second consecutive quarter. That decrease was the primary contributor to an overall 6 percent sales decline to $1.24 billion from nearly $1.33 billion for the period ended June 25. Overall, double-digit sales improvement for its outdoor and ...
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News briefsSports Alliance: Fitness industry is male-dominated
The international fitness industry is male-dominated, and leadership positions are mainly held by men. This is the conclusion of a study conducted by Sport Alliance and Women in Fitness Association (WIFA). A total of 679 participants from the fitness industry took part in the (non-representative) global online survey. The results ...
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News briefsBH Fitness posts double-digit growth in the professional channel
Exercycle, the company behind Spanish fitness equipment company BH Fitness, saw global sales in the professional channel increase by 20 percent in the first half of 2022 compared to the first half of last year, CMD Sport reported. The company would normally expect sales in the professional channel to account ...
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AnalysisHow COVID-19 has impacted the Fitness Market – Insights and Trends 2023
Thanks to vaccination and a bit more harmless variants of COVID-19, the fitness market is on the rise again. Booming for years before the pandemic caused a sudden halt, the branch is rearranging itself. In our fitness insights, we take a look at the situation before Corona hit, the changes ...
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News briefsEverlast launches mobile fitness app for assisted home boxing workouts
New York-based boxing specialist Everlast is aiming for the home fitness community with the launch of Everlast Fitness, the only platform exclusively dedicated to boxing to date. Users have access to HIIT, cardio, core, plyometrics, strength and boxing workouts within the platform. These can be done with or without equipment ...
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News briefsAltamont Capital Partners exits investment in Excel Fitness
After a six-year partnership with Excel Fitness, a Planet Fitness franchise group, California-based Altamont Capital Partners has exited its investment with the sale of the company Olympus Partners from Connecticut. As part of the transaction, which closed last month, Excel’s management team and founders worked with Altamont to establish a ...
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News briefsFitnessConnected show in Munich moves to ICM
The FitnessConnected show (planned for Nov. 28-30, 2022) is moving from Hall C1 of the Messe Munich exhibition center to the International Congress Center (ICM). This brings the show into the immediate vicinity of the Therapie München exhibition, which will remain in Hall B0 as initially planned. In addition to ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
