Fitness – Page 2
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ArticleGymshark turns small FY24 operating profit; European sales up 17%
Annual turnover rose by 13.6 percent to €539.7m and gross margin improved by 491 basis points to 55.21 percent.
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ArticleFIBO celebrates 40th anniversary with +150k visitors
The Cologne-based fitness event attracted 154,748 visitors from 129 countries over four days.
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News briefsPeloton Interactive appoints COO
Charles Kirol is Peloton Interactive’s first Chief Operating Officer.
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ArticleTechnogym posts strong FY24 results despite geopolitical uncertainties
Year-over-year Ebit rose by 22 percent to €122,962,000 and annual net profit jumped by 15.5 percent.
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ArticleXponential Fitness loss widens; restates 2023 financials
The changes increased its net loss for the fiscal year to $6.4 million from $1.7 million.
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ArticleHow Puma CEO Arne Freundt plans to regain investor confidence
These are the strategic cornerstones for Puma in 2025.
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News briefsTechnogym inaugurates US headquarters in Jersey City
The new HQ represents a significant investment in logistics and customer-support infrastructure.
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News briefsNew CCO at Gymshark
Continuing its US expansion, Gymshark has promoted its General Manager of North America to the role of Chief Commercial Officer.
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ArticleGarmin’s fitness segment drives record Q4 and FY24 growth
The fitness segment led record FY24 growth, with wearables driving a 32 percent sales surge.
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ArticleOutlook 2025: Chances for the sporting goods industry
What does 2025 have in store for the sporting goods industry? Our comprehensive analysis finds six opportunities for growth.
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News briefsTechnogym signs partnership deal with Milano Cortina 2026
It will be Technogym’s tenth experience as the official supplier of the Olympics, which started at Sydney 2000.
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ArticlePeloton beats Q1 guidance, hires new president and CEO
Peloton boosts FY25 outlook as it appoints Apple veteran Peter Stern to lead in January, with Q1 showing improved margins and cash flow turnaround.
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ArticleColumbia Sportswear reports margin improvement despite sales decline in Q3
Columbia Sportswear saw a 5% revenue decline in Q3, but it boosted its gross margin thanks to lower freight costs and a favorable sales mix. Despite lower US demand, growth in EMEA and LAAP regions balanced results.
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ArticleGarmin posts double-digit sales gains in all segments
The Swiss company boosted its annual forecast again after a stellar Q3, with operating income up 62% and net income up 55% on double-digit growth across all segments.
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News briefsAdidas fitness accessories will be distributed in the US by US Weight
Escalade, Incorporated, the official US distributor of Adidas fitness accessories, has announced a new partnership for its US Weight subsidiary.
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News briefsPadel automation company expanding into other sports
Smart Padel is expanding automation to fitness studios and golf clubs.
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News briefsBuilt for Athletes enters the apparel market
The inaugural clothing line is available exclusively via the brand’s website.
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AnalysisMarket Analysis: The sports equipment market 2023
Our annual summary compares the 2023 and 2022 global revenue and market-share development of 39 companies and provides a breakdown by sector.
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ArticleXponential Fitness expands to Asia with boxing studio
Rumble Boxing is expanding into Japan with a studio in Tokyo.
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News briefs850 German gyms offer free training sessions during European Week of Sport
Several fitness studios in Germany will offer free access from Sept. 23-30, 2024, as part of the “United Let’s Move!” campaign to encourage active lifestyles.
