All Fitness articles – Page 13
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News briefs
Amazon Halo adds three fitness services
Capitalizing on the strong global fitness trend, Amazon will be adding three services to its Amazon Halo subscription fitness service for the holidays at the end of the year: a health tracker, called Halo View; a video service for home workouts, called Halo Fitness; and a custom, guided meal planner, ...
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Article
iFIT Health & Fitness seeks $6.7 bn valuation
iFIT Health & Fitness, the Utah-based fitness equipment supplier formerly called Icon Health &Fitness, is proposing a price per share of $18 to $21 for its initial public offering (IPO), which is likely to take place sometime next week. The parent of brands such as NordicTrack and ProForm plans to ...
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News briefs
Expo 2020 Dubai will celebrate sports and fitness in 5,400-square-meter dedicated hub
Expo 2020 Dubai has unveiled its Sports, Fitness and Wellbeing Hub, a 5,400-square-meter space that will offer a large range of free sporting activities and an entire zone dedicated to fitness and wellness. The Hub features a multi-sports area for basketball, volleyball, tennis and netball, as well as a five-a-side ...
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Short stops
Sept. 7/8 Short Stops: Allbirds - China Fish - Decathlon – Dior - FootJoy – Head - Jordan - Lenzing - Life Fitness - Prince/Reebok - Racer - The Athlete’s Foot
Corporate: +++ A private equity company, Capidea, has acquired the majority of the shares in the Westin and Kinetic brands of fishing tackle products from Denmark’s Fairpoint Outdoors, without a change in their top management +++ Racer, a French manufacturer of ski and other sports gloves ...
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News briefs
Asics invests in the training of fitness coaches
Asics Ventures has made an investment in Deportare Technologies, a Japanese firm that operates an online fitness academy that is supposed to train fitness coaches, certifying them as “healthcare catalysts.” The company was set up in July 2020 by Yuma Takashita, the founder of the exclusive Deportare Club in Tokyo, ...
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News briefsTrisport unveils innovative home fitness brand “HOI by Kettler”
Source: Kettler HIO by Kettler home training set Kettler is opening a new chapter in its brand history and product development: Under the name “HOI by Kettler,” an innovative line of fitness equipment for home use will be launched in October. The new name also conveys a ...
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News briefs
Spain’s Mundo Fitness posted record sales ahead of a merger
According to CMDsport, Mundo Fitness Europe posted record annual sales for 2020 of €12.78 million ahead of its merger with another company, exceeding the previous year’s sales by 138 percent. Net profits of €1,004,436 were up year-on-year by 2.5 percent. The Spanish-based retailer specializing in fitness equipment operates chiefly through ...
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News briefs
UKactive and Sport England launch digital strategy for the fitness sector
UKactive has announced the launch of its Digital Futures strategy, in partnership with Sport England, to improve the digital processes used by fitness and leisure operators. The strategy will support them with the latest benchmarking tools, providing guidance and insight to modernize and grow. Digital Futures is part of UKactive’s ...
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News briefs
Aug. 9 Short Stops: Decathlon – Duca del Cosma – Horizon Fitness - Roeckl –Rugby League - SHER
Management: +++ Irina Richter, a former official of Planet Sports, has been promoted by Roeckl Sports from marketing manager for multi-channel operations to head of marketing Retail: +++ Decathlon inaugurated a new store in Kolkata (formerly Calcutta) on July 23, its second one in the Indian ...
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News briefs
Obé Fitness raises a further $15m
Now that it has raised a further $15 million, the Obé Fitness platform has achieved a valuation of $190 million. This latest round of funding was led by CAVU Venture Partners, with new investors such as Athleta, Samsung Next, Wheelhouse Entertainment and WW International in tow, along with previous investors ...
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News briefsOlympic para-powerlifter Ali Jawad launches disability fitness app
Ali Jawad, a 32-year-old British powerlifter, originally born in Lebanon, who competes in the class up to 59kg and won a silver medal in Rio 2016, has unveiled Accessercise, a new mobile app designed to make sport and fitness more accessible for people living with impairments. According to Jawad, the ...
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News briefs
BH Fitness saw its revenues increase by nearly 70% during the pandemic
BH Fitness said its turnover jumped by 69.7 percent in 2020 as compared to 2019. The positive performance achieved by the Spanish fitness equipment company during the Covid-19 pandemic followed four consecutive years of decline. The closure of its subsidiaries in the U.S., China and Taiwan allowed BH to reduce ...
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News briefs
Echelon Fitness contemplates financial options
Echelon Fitness, a direct competitor of Peloton Interactive in the connected home fitness market, is evaluating new options to raise its valuation, according to Bloomberg, as its revenues are expected to more than double this year after rising by about 500 percent in 2020 to around $100 million. The options ...
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ArticleHow can home fitness and commercial fitness coexist?
Severely impacted by the Covid pandemic, which has led to their closure and to a boom in home fitness all over the world, fitness studios and other types of membership-based gyms are being led to establish new connections with the home fitness industry while looking for new sources of revenues. ...
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ArticleIFIT acquires the Sweat fitness platform
iFIT Health & Fitness, the leading American fitness equipment supplier formerly called Icon Health & Fitness, has acquired Sweat, an Australian-based online fitness training platform for women. According to the Wall Street Journal, which cites “people familiar with the matter,” the acquisition is preparatory to plans for an initial public ...
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Article
Fitness companies attract new investments
The strong trend in home fitness training, particularly in its internet-connected format, has continued to attract interest from investors in start-ups and other innovative companies that seem to deserve funding to sustain their growth. In the last few days alone, we got news on financial investments in three American companies: ...
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Short stops
June 30 Short Stops: Champion - Ecco – Life Fitness – Nike - Silva – Skechers - Sport England - Timberland
Corporate: +++ Silva, the Swedish brand of compasses, headlimps and other sports equipment, has been acquired by a private equity fund, Vardane, with offices all over Northern Europe (more in The Outdoor Industry Compass) +++ Ecco, the Danish leather and footwear supplier, has acquired a 30% stake in ...
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News briefsIcon Health & Fitness becomes iFit
Icon Health & Fitness has changed its corporate name to iFit Health & Fitness to assert the value of its proprietary connected fitness platform. In the words of the U.S. company’s founder, chairman and CEO, Scott Watterson, “we are elevating the name of our operating system.” This system channels live ...
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News briefs
WIT Fitness collaborates with CrossFit
WIT Fitness, a six-year-old online and offline multi-brand retailer based in London, has signed a global multi-year e-commerce and retail partnership with CrossFit. WIT will operate an online CrossFit store and support CrossFit with in-house products in the future. WIT has only two physical stores in London for the moment, ...
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News briefs
BH Fitness is expanding its football business
According to a report in CMDsport, BH Fitness hopes over the coming months to raise the number of its contracts with Spanish football clubs from five to nine. At present, the brand fits out the clubs of Atlético de Madrid, Athletic Club, Leganés, Eibar and Alavés-Baskonia. It has deals in ...
