Fitness – Page 18
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Short stops
The second Fibo Global Fitness Africa fair, held in Johannesburg...
The second Fibo Global Fitness Africa fair, held in Johannesburg on Oct. 26-27, hosted more than 100 exhibitors and welcomed about 5,600 visitors
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Article
Brunswick sees fitness margins shrink to 5.7%
Brunswick Corporation continued to focus on stabilizing the operating performance of its fitness segment, which it wants to divest. It is also developing new initiatives in the digital space that are receiving growing acceptance, such as its recently announced technology-enhanced partnerships with Apple, Retro Fitness and Orangetheory Fitness.Mentioning steady market ...
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Article
Garmin’s fitness segment sees sales rocket
Garmin's fitness segment had a stellar second quarter, with a 24 percent increase from the year-ago quarter to $225.1 million In contrast, sales in Garmin's so-called outdoor segment improved by 4 percent to $201.6 million with all product categories contributing to the growth. The gross margin in this segment declined ...
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News briefs
Heinz Kettler, the leading German manufacturer of home fitness equipment...
Heinz Kettler, the leading German manufacturer of home fitness equipment and other products, filed for self-managed insolvency in mid-July after the company's foundation declined to endorse a sale of the company to an investment firm, Altera Capital. According to German press reports, the foundation disagrees with certain clauses in the ...
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News briefs
Spofact assumed the distribution of Nautilus' lines of Bowflex fitness...
Spofact assumed the distribution of Nautilus' lines of Bowflex fitness equipment in Germany, starting on July 1, completing the range of Nautilus products in its portfolio. Previously, Nautilus was using a Swiss-based company, Trisport, for the distribution of the Bowflex Max Trainer in Germany, Austria and Switzerland. It will work with ...
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News briefs
DW Fitness First has launched a summer campaign to promote...
DW Fitness First has launched a summer campaign to promote family fitness in the U.K., called The School Run. The initiative is to encourage parents to get active with their kids. The company has also launched a new family fitness guide, with exercise routines specifically designed to keep children entertained ...
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News briefs
Intersport opened its first fitness park in Germany on June,...
Intersport opened its first fitness park in Germany on June, 28. The German voluntary group opened it in Kiel in cooperation with Intersport Knudsen, the group's local retail partner, and with Puma and the city of Kiel. Other sponsors and partners are AOK NordWest, the German insurance company, and Kompan, ...
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Article
Garmin performs well in outdoor and fitness
Driven by growth in the outdoor, fitness, aviation and marine segments, Garmin's sales for the first quarter were up by 11 percent from the year-ago quarter to $711 million. In particular, the outdoor and fitness segments delivered double-digit revenue growth, driven by their wearables.Sales in Garmin's so-called outdoor segment jumped ...
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News briefs
Life Fitness has appointed Judith Toland as vice president and...
Life Fitness has appointed Judith Toland as vice president and chief marketing officer, and Alla K. Woodson as vice president of global customer experience and service. The company has also hired Royal Simmons to lead the planned spin-off of Brunswick Corporation's fitness division.
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Article
Brunswick’s fitness segment is boosted by international sales
A few weeks after announcing its planned spin-off, which could take place early next year, Brunswick Corporation reported that its fitness division reached record sales of $244.4 million in the first quarter, an increase of 4 percent from the first quarter of 2017. The management said the segment's revenues ...
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Article
Brunswick spins off its fitness equipment segment
Brunswick Corporation's board of directors has decided to spin off its fitness business, represented by Life Fitness, Cybex, Hammer Strength, the Indoor Cycling Group and Scifit. FitnessCo, a new public company whose name will be formally announced at a later date, will incorporate these brands and the Brunswick Billiards business. ...
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Article
Falling profits in Brunswick's fitness segment
Well before announcing its spin-off, Brunswick Corporation had reported that its fitness division had an operating loss of $33.4 million for the fourth quarter, compared with operating earnings of $26.9 million in the year-ago period.The company blamed the loss on restructuring, exit, integration, and impairment charges of $16.7 million, primarily ...
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Article
Strong quarter for Amer in winter sports and fitness
Amer Sports ended the year with a strong quarter for its winter sports, outdoor and fitness products, which made up for weakness in the ball sports business and enabled the Finnish group to report gains in sales for the full year.The group's turnover for the quarter moved up by 4 ...
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Short stops
Chris Clawson, former president of Life Fitness, has been re-elected...
Chris Clawson, former president of Life Fitness, has been re-elected as chairman of the U.S. Sports & Fitnes Industry Association (SFIA)
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Article
Lower margins in Brunswick’s fitness segment
The operating margin of Brunswick Corporation's fitness division, which is led by Life Fitness, fell to 8.0 percent in the third quarter ended Sept. 30 from 12.2 percent in the same period a year ago. It remained depressed also for the first nine months of the year, down to 7.7 ...
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News briefs
Icon Health & Fitness has accused Nautilus of infringing on...
Icon Health & Fitness has accused Nautilus of infringing on its One Touch and Quick Speed trademarks through the buttons and the user manual of its TreadClimber. The lawsuit, filed in the Central District Court of Utah, also says that Nautilus has been making false claims about its Max Trainer, ...
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News briefs
The organizers of Fibo the international trade show for fitness,...
The organizers of Fibo the international trade show for fitness, wellness and health – have announced a new concept for the 2018 edition of the show. The event, which is scheduled to take place at the Exhibition Centre in Cologne from April 12-15, will offer an expanded trade visitor program ...
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News briefs
Fitness News Europe reports that Yan Martin has been appointed...
Fitness News Europe reports that Yan Martin has been appointed to take over from Chris Froio as vice president of Reebok for Western Europe from the start of August. Martin will lead the fitness apparel and footwear brand's market strategy in Western Europe, and he will report directly to Alain ...
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News briefs
Brunswick Corp. says the performance of its Fitness division will...
Brunswick Corp. says the performance of its Fitness division will begin to be favorably impacted by new product introductions, changes in manufacturing and further cost realignment actions from the second half of 2017. In the second quarter ended June 30, the division posted a 9 percent sales increase to $250.5 ...
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Article
Good growth for fitness in Europe
The number of people who are members of a fitness club grew by 4.4 percent to 56.4 million in Europe last year, according to a study by Deloitte and EuropeActive. The development of the low-cost channel led European fitness studios to book a lower increase of 3.1 percent in their ...
