All Technogym articles – Page 2
-
AnalysisSporting Goods Industry Scorecard 2021
Exclusive: We give you an overview of top performers by sales and profit.
-
ArticleTechnogym’s strong wholesale growth driven by three regions
Technogym achieved 42 percent growth in wholesales revenues in 2021 to €145.3 million, driven by South Korea, Thailand, Malaysia, Saudi Arabia, Turkey, India and the central-northern region of Europe. For the year, the Italian wellness company delivered 75 percent growth in net income attributable to shareholders at €63.1 million versus ...
-
ArticleTechnogym teams up with Dior
In its first move of the kind to support its upmarket image, Technogym has partnered with the creative team at the Christian Dior fashion house to develop an exclusive, limited-edition line of home fitness products. The stylish, black and white line includes a treadmill, a multi-function bench and a wellness ...
-
Infographics & DataThe largest Sports Equipment Brands 2020
This chart shows the revenue development of the 41 major global sports equipment brands in 2020 vs 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
-
News briefs
Technogym sells Danish club management software firm
Technogym has announced the sale of Exerp ApS, a Danish company involved in the development of software for the management of club members, and its holding company, Amleto ApS, to a U.S. investment firm, Battery Ventures. Technogym will record a capital gain of €17.1 million on the €53.1 million price ...
-
News briefs
Technogym grows by 10.2%, with B2C home fitness up by 129.2%
Technogym reported a revenue increase of 10.2 percent to €128.7 million in the first quarter of 2021, with a growth of 13.1 percent in constant currencies. In terms of euros, they rose by 26.0 percent in Italy, by 1.3 percent in the rest of Europe, by 29.1 percent in Asia/Pacific ...
-
News briefs
Technogym’s founder enters Forbes’ World’s Billionaires List
Nerio Alessandri , the founder and CEO of Technogym , has entered for the first time Forbes ’ World’s Billionaires List with an estimated real net worth of $1.3 billion as of April 12, 2021. Forbes ’ annual World’s Billionaires List has reached its 35th edition this year. At the ...
-
Article
Technogym’s overall revenues drop by 24%, but home fitness jumps by 71%
Technogym reported revenues of €510 million for 2020, representing a decline of 23.8 percent from 2019. The home fitness segment, strongly driven by stay-at-home measures during the Covid-19 pandemic, saw revenues jump by 71 percent to €154 million. The strong performance of the home fitness segment, which accounted for 30 ...
-
News briefs
Technogym targets €1 billion in sales in the medium term
Technogym’s CEO, Nerio Alessandri, said that the company could reach the milestone of €1 billion in sales in the medium term, including €300 million from Home Fitness. Alessandri spoke on the occasion of the launch of Technogym MyRun, a new treadmill for home use. The company’s sales of home fitness ...
-
News briefs
Technogym partners with Saudi Arabia’s largest fitness chain
Technogym has agreed a five-year agreement with Fitness Time , the largest network of sports and fitness clubs in Saudi Arabia, with a staff of over 2,600. The contract makes the Italian fitness company Fitness Time’s exclusive supplier for all its 138 existing clubs and future ones across the ...
-
News briefs
Technogym launches the 2020 Let’s Move Week
Technogym has announced the 2020 Let’s Move Week, a week-long campaign to promote physical exercise. The campaign will run both online and offline from Nov. 9 to 15. People can join the campaign from home or anywhere online, or from a fitness club that has joined the initiative. Every day, ...
-
ArticleTechnogym wants home fitness to generate half of €1 bn in sales
In reporting a 53 percent increase to €98 million in its home fitness segment for the first nine months of this year, Technogym said that its board of directors has approved a new three-year business plan, called Technogym At-Home, that calls for a doubling in the segment’s revenues from a ...
-
ArticleTechnogym prioritizes DTC and home fitness
The big Italian-based fitness equipment supplier is shifting its focus from the gyms to the consumer after booking a 50 percent sales increase in its relatively small Home & Consumer segment for the first half of this year, as more and more people performed their workouts at home rather than ...
-
News briefs
Technogym introduces new on-demand content platform
Technogym, the Italian specialist in fitness equipment, has announced the launch of a new on-demand content platform that offers a personalized training experience. The platform is accessible live and on-demand, on Technogym’s equipment consoles and through the company’s Mywellness app. Alongside Technogym’s content library, users will be able to access ...
-
News briefs
Technogym supports fitness clubs’ re-opening
Technogym’s Mywellness platform will be offering additional features to assist fitness clubs in their re-opening phase. During the lockdown, fitness facilities were able to connect with their members via the Mywellness platform, which allowed them to offer digital coaching and remote support services. Members of the Mywellness community will now ...
-
ArticleCoronavirus slows Technogym’s sales, but home fitness rockets
Lockdowns and store closures hit Technogym’s sales in the first quarter, although this was partly offset by higher sales of home fitness equipment, as more people exercised indoors. The Italian company’s total revenues dropped by 11.2 percent from the year-ago quarter to €116.8 million, or by 11.9 percent in constant ...
- Previous Page
- Page1
- Page2
- Next Page
