All Health & Wellness articles – Page 3
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ArticleFunding round values Icon Health & Fitness at $7bn
Icon Health & Fitness got a valuation of more than $7 billion in a new $200 million round of financing which, according to Bloomberg, may be followed by a public offering of its shares in 2021. Founded 43 years ago in Utah with Mormon capital, Icon is the parent company ...
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Peloton sets up a health advisory council
Peloton has established a Health and Wellness Advisory Council to find ways to foster the “physical, mental and emotional wellbeing” of its subscribers worldwide. The council’s five members are doctors, researchers and other specialists in cardiovascular medicine, cardiopulmonary exercise, neurology and neuroscience. According to the company’s president, William Lynch, Peloton’s ...
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Johnson Health Tech suffered a net loss of 89.7 million...
Johnson Health Tech suffered a net loss of 89.7 million Taiwan dollars (€2.5m-$3.1m) in 2017 against a net profit of NT$19.5 million. Excluding foreign exchange and other extraordinary items, the company's net income declined by 82 percent to NY$130.6 million (€3.6m-$4.5m), as an expansion of 0.9 percentage points in the gross ...
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After rising by 4.4 percent in 2016, memberships in health...
After rising by 4.4 percent in 2016, memberships in health and fitness clubs grew by 4.0 percent to 60.0 million in 2017 as compared to 2016, according to an annual report released by Europe Active and Deloitte ahead of the Fibo trade show in Cologne. Germany continued to strengthen its ...
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Ortholite has hired Nino Gilarde, a health care industry veteran,...
Ortholite has hired Nino Gilarde, a health care industry veteran, as its chief financial officer
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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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Article
Intersport Germany is health-conscious, too
The German voluntary group is organizing a special FitGesund (fit & healthy) symposium, focusing on the topic of physical activity for the purpose of staying or becoming healthy, in an effort to conquer a new attractive segment for its retail members.Intersport is teaming up with some sporting goods brands, regional ...
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Nautilus is suing Icon Health & Fitness, charging that its...
Nautilus is suing Icon Health & Fitness, charging that its FreeStride Trainer infringes on four patents related to its own self-adjustable Variable Stride feature
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Johnson Health Tech suffered a drop in net income of...
Johnson Health Tech suffered a drop in net income of 90 percent to 272.5 million Taiwan dollars (€7.38m-$8.45m) for the past year on 3 percent higher revenues of NT 16.55 billion (€448.2m-$512.8m). The bottom line was pulled down by the non-recurrence of government subsidies of NT 1.7 billion (€46.0m-$52.7m). The ...
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Fibo, the trade fair for fitness, wellness and health organized...
Fibo, the trade fair for fitness, wellness and health organized by Reed Exhibitions Deutschland, set an all-time record this year. According to the organizers, the event attracted a total of 153,000 visitors to Cologne, as compared to 136,000 in the prior year, including 83,000 trade visitors from more than 100 ...
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Altra, the footwear brand owned by the Icon Health &...
Altra, the footwear brand owned by the Icon Health & Fitness Group, unveiled a new smart shoe at the Consumer Electronics Show (CES) in Las Vegas last week. The Altra IQ is powered by iFit, the Icon group's digital platform for fitness tracking and recommendations. A thin multi-sensor system is ...
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Runtastic, the Austrian digital health company snapped up by the...
Runtastic, the Austrian digital health company snapped up by the Adidas Group earlier this year, has come up with a new app offering customized, twelve-week workout plans intended to build strength and reduce body fat. The Results app features workouts using more than 120 instructional exercise videos and weekly nutrition ...
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Johnson Health Tech (JHT), the Taiwanese fitness equipment maker that...
Johnson Health Tech (JHT), the Taiwanese fitness equipment maker that owns the Matrix, Vision and Horizon brands, has acquired Stak Fitness, a leading distributor of fitness gear in Canada. It will operate as a separate subsidiary for JHT, with current management and staff. Established in 2004 by Karim Toupin-Chaieb, Stak ...
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According to a new report by the Norwegian Health Directorate,...
According to a new report by the Norwegian Health Directorate, the number of people doing sufficient physical activity in Norway has risen by 4 percent over the past five years. In terms of inhabitants, the figures mean that over 200,000 people are more physically active now than five years ago. ...
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Johnson Health Tech turned around to a net loss of...
Johnson Health Tech turned around to a net loss of 161.8 million Taiwanese dollars (€4.4m-$5.0m) from NT$157.9 million in net profits for the second quarter. Sales increased by one percent to NT$ 3,479 billion (€95.5bn-$107.5bn) during the period, but the gross margin fell by 3.22 percentage points to 43.2 percent.
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Article
Stadium CEO to leave healthy Nordic retailer
Gustav Öhrn, chief executive at Stadium for the last seven years, is preparing to leave the Swedish sporting goods retailer at the end of September, after a robust set of results for the last financial year and Stadium's move into the German market.The company reported sales of 5,048 million Swedish ...
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Johnson Health Tech reached revenues of 16,646 million Taiwanese dollars...
Johnson Health Tech reached revenues of 16,646 million Taiwanese dollars (€480.4m-$529.0m) in the year ended last Dec. 31, up from TWD 15,428 million in the previous year. The Matrix Fitness line of fitness equipment boosted its sales by 19 percent globally.
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Nautilus plans to integrate new digital health and fitness platforms...
Nautilus plans to integrate new digital health and fitness platforms across all its Bluetooth Smart-enabled fitness equipment. It is introducing the new Apple Health kit into its Bowflex Max Trainer this month and will follow with the new 616 line of cardio equipment. The company is also taking its first ...
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Icon Health & Fitness has agreed to pay $3 million...
Icon Health & Fitness has agreed to pay $3 million to settle charges by the U.S. Federal Trade Commission that it violated a 1997 consent order to stop making claims that three minutes a day of exercising on its Pro-Form Glider would result in “significant” weight loss
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Icepharma, a distributor of healthcare and sports products, has started...
Icepharma, a distributor of healthcare and sports products, has started to distribute Speedo in Iceland, replacing Tomas Rorfasson who has represented the brand in the country for 51 years
