All Fitness articles – Page 13
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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 ...
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News briefs
China Sport Show places fitness at center stage
This year’s China Sport Show, scheduled to take place at the National Exhibition and Convention Center in Shanghai on May 19-22, will have fitness equipment as its “main character.” The products for this segment will occupy more than 80,000 square meters out of a total exhibition area of 150,000 square ...
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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 ...
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Article
Home fitness momentum boosts Nautilus' results strongly
Nautilus, which is changing its financial year-end from Dec. 31 to March 31, reported a massive increase in net income to $20.4 million for the three months ended in March from just $2.2 million in the year-ago period, as revenues more than doubled to $206.1 million from $93.7 million. The ...
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News briefs
Jay-Z invests in at-home fitness company
Shawn Carter, the 51-year-old American rapper and business mogul globally known as Jay-Z, has invested in LIT Method, a fitness company specializing in at-home fitness training, through his venture capital firm Marcy Venture Partners. The financial details of the investment have not been disclosed. LIT Method is a Los Angeles-based ...
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Article
Fitness and Outdoor raise Garmin’s results
The current popularity of cycling and home fitness has proven to be an engine of growth for Garmin, which posted another strong quarter. The Swiss-based company, which also makes equipment for the aviation and automotive industries, reported a 25 percent sales gain to $1,072.3 million for the three months to ...
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News briefs
The Vaha fitness mirror enters the U.K. market
Vaha, a German start-up that launched an interactive mirror for home fitness in 2019, has announced its launch in the U.K. It is the first fitness mirror of the kind to be launched in the U.K., according to the company, referring to the competing systems by Lululemon and others. The ...
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News briefs
Macron gets involved in digital fitness
Macron has announced a three-year apparel partnership with Fitbook, a virtual community for fitness trainers to promote and manage activities, information and events related to the world of fitness. While Macron specializes in the development and sale of team sports jerseys, it is based in the Italian city of Bologna ...
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News briefs
Dish sues Peloton, Lululemon and Icon Health & Fitness over streaming technology
Connected fitness remains a hot issue in terms of intellectual property rights. Dish Network Corp. and its Sling TV division are suing Peloton Interactive, Lululemon Athletica and Icon Health & Fitness for allegedly infringing five patents for technology that improves the quality of video content on the internet through multi-bitrate ...
