Fitness – Page 17
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News briefs
Peloton, the U.S. fitness brand, has launched a pop-up store...
Peloton, the U.S. fitness brand, has launched a pop-up store concept with Sport Schuster, the big Munich-based sports retailer. Since Nov. 20, the fitness brand has been presenting new indoor bikes with fixed screens in Sport Schuster's store in the center of Munich. Peloton is producing training content for the ...
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Article
Outdoor and Fitness lift Garmin’s results
Garmin's revenues for the quarter ended on Sept. 30 reached a record level of $934 million, an increase of 15 percent over the quarter a year ago. The company has raised its outlook for the full-year as a result.In the fitness division, Garmin's sales climbed by 28 percent to $243.1 ...
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Wahoo Fitness has acquired Speedplay, a maker of high-performance bicycle...
Wahoo Fitness has acquired Speedplay, a maker of high-performance bicycle pedals based in San Diego, California
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News briefs
Frank van Ven has returned to Life Fitness, after a...
Frank van Ven has returned to Life Fitness, after a brief stint at Asics, to become vice president of international sales. He had been with Life Fitness for 23 years, running its international business. Tim McCarthy has also come back to Life Fitness, which was recently spun off by Brunswick ...
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Fibo, the leading European trade fair for the fitness sector,...
Fibo, the leading European trade fair for the fitness sector, will continue to be held in the German city of Cologne through the year 2032. Reed Exhibitions Deutschland, the show's organizer, and Koelnmesse Ausstellungen, the venue, have agreed to an early, 10-year extension of their current agreement. The forthcoming edition ...
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Fitbit, the San Francisco-based purveyor of fitness trackers, says it...
Fitbit, the San Francisco-based purveyor of fitness trackers, says it has struck a deal with the Health Promotion Board (HPB) of Singapore to use its products to realize the national health agency's aspirations for public health. The project, Live Healthy SG, fits within the government's Smart Nation initiative. Although Singapore's ...
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News briefs
Go Sport has sold Tool Fitness to Netquattro, a French...
Go Sport has sold Tool Fitness to Netquattro, a French company specializing in the design and marketing of fitness equipment, training apparel and food supplements. Tool Fitness is a B2B and B2C online retailer of fitness equipment. Go Sport had acquired it in 2015.
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News briefs
Life Fitness has made a number of executive appointments. Chris...
Life Fitness has made a number of executive appointments. Chris Clawson has succeeded Jason Worthy as chief executive. Clawson was originally hired by the American gym-equipment brand in 1994 as an executive in product development. He worked there for ten years before departing for Matrix Fitness Systems, where he served ...
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Life Fitness is the official fitness equipment partner for the...
Life Fitness is the official fitness equipment partner for the Wimbledon tennis tournament, which will come to an end on July 14
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News briefs
Adidas and Ikea are collaborating to develop new home fitness...
Adidas and Ikea are collaborating to develop new home fitness solutions, with the purpose of increasing the number of “active homes” in which people can work out. Designers and product developers from both companies paid a visit to the homes of people in London, New York, Chicago and Shanghai in ...
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Article
Brunswick sells Life Fitness to a PE firm
Unlike VF Corp., which has spun off its jeans business into a new company owned by its shareholders, Brunwick Corp. has chosen the alternative of a straight sale of its fitness division to a New York-based private equity firm, KPS Capital Partners, for about $490 million in cash, following the ...
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Article
Fitness weigh on Garmin’s gross margin
A drop of 7.8 percentage points in the gross margin to 50.4 percent in Garmin's fitness segment resulted in operating income being reduced by nearly a half to $18.1 million in the first quarter, although revenues surged by 9 percent to $180.2 million. The company blamed the contraction on lower ...
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News briefs
Life Fitness has launched a digital advertising platform called Life...
Life Fitness has launched a digital advertising platform called Life Fitness Media. The system will enable the supplier of commercial fitness equipment to channel advertising through machines – notably cardio equipment – that it has already been sold to gyms, universities, hotels, corporations and other clients. The American company has ...
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Article
The European fitness boom continues
The European health and fitness market continued to grow strongly in 2018, according to an annual study conducted by EuropeActive, the European association that represents the sector in Brussels, in cooperation with Deloitte. The total number of fitness club members increased by 3.5 percent to 62.2 million. Throughout Europe, 9.4 ...
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Article
Ball sports and fitness performed less well
In terms of local currencies, quarterly sales increased by one percent in Amer’s Ball Sports division, led by Wilson, and by 9 percent in the Fitness division, led by Precor. In reported euros, the Ball Sports segment grew by just 3 percent to €167.7 million in the fourth quarter. It ...
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News briefs
Matrix Fitness generated worldwide revenues of €466 million in 2018,...
Matrix Fitness generated worldwide revenues of €466 million in 2018, an increase of 21 percent from the previous year. The company's sales in the U.S. were particularly strong, growing by 26 percent for the year and by 40 percent in the fourth quarter. Matrix Fitness is the commercial brand of ...
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Short stops
Wolverine Worldwide has upgraded its campus, adding a new fitness...
Wolverine Worldwide has upgraded its campus, adding a new fitness facility as well as day care and dog care services
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News briefs
The fitness division of Brunswick Corp., which includes Life Fitness,...
The fitness division of Brunswick Corp., which includes Life Fitness, Cybex, Hammer Strength, Indoor Cycling and SciFit, reported flat sales of $1,038.3 million for the 2018 financial year, just as the group is gearing up to spin it off by the end of the present quarter, or soon thereafter. In ...
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News briefs
Runtastic, the mobile fitness company owned by Adidas, has announced...
Runtastic, the mobile fitness company owned by Adidas, has announced that its co-founder and chief executive, Florian Gschwandtner, will withdraw from operational management and leave the company, effective Dec. 31, 2018. He has been with the start-up for nearly ten years. Alfred Luger and Christian Kaar, respectively chief financial officer ...
