All Fitness articles – Page 14
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
News briefs
Unrest, a new French brand of sustainable fitness clothing
Unrest is the name of a new French brand of fitness apparel made with 100 percent natural and biodegradable materials that is set for a launch in September, after nearly three years of development. Founded by Lucile Trouette, the brand is working with a Portuguese textile supplier while the manufacturing ...
-
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
The German fitness industry suffers a 24% decline in turnover
After more than 30 years of ongoing growth, the German fitness industry registered a 24.5 percent decline in turnover to €4.16 billion in 2020 as the Covid-19 pandemic heavily impacted gyms. The figures come from a report titled Eckdaten der deutschen Fitness-Wirtschaft 2021 [Tr.: Key data from the German Fitness ...
-
ArticleISPO works on a B2B fitness show for Nov. 18-20
The ISPO Group is organizing a new international B2B event for the fitness sector at its Munich fairgrounds, to be held on Nov. 18-20. While it will feature exhibition stands, limited to 250 square meters in size, it is shaping up more and more as a high-level international convention with ...
-
News briefs
Echelon Fitness expands into France and Germany
Echelon Fitness, the American producer of connected bikes, treadmills, rowers and fitness mirrors, is launching Echelon Fit France and Echelon Fit Germany this month. Patterning them after its business in the U.S., the new entities will be producing live and on-demand coaching programs in each country’s language and at studios ...
-
Article
Garmin’s fitness and outdoor sales surge
Robust demand for advanced wearables and cycling products helped Garmin to post record results for the fourth quarter of 2020. The Swiss-based company, which also makes equipment for the aviation and automotive industries, reported that its total sales rose by 23 percent to $1,351 million for the 13 weeks to ...
-
News briefs
Jeff Veldhuizen to lead Expresso Fitness
Jeff Veldhuizen, a former Zwift and Nike executive, has been chosen as the new CEO of Expresso Fitness, an immersive and fun American fitness platform, mounted on special stationary bikes, that claims to be “the most advance gamified cardio for your home.” . Veldhuizen, 44, previously served as vice-president of ...
-
News briefs
Stride introduces a “multi-use connected fitness machine”
A Taiwanese start-up, Stride, has introduced a machine for the “space-constrained” and “motivationally challenged.” Its Transformer is described as a “multi-use connected fitness machine” that provides biking, running and rowing modes as well as strength cables, but takes up no more room than a treadmill. Sensors in the Transformer feed ...
-
News briefs
Matrix Fitness will use the iFit platform
Matrix Fitness, the commercial fitness equipment brand owned by Johnson Health Tech (JHT), will equip the touchscreen consoles of its new machines with the iFit connected fitness platform of Icon Health & Fitness. The partnership will give the users of Matrix’ machines access to the iFit library of workouts and ...
-
News briefs
Under Armour completes the sale of MyFitnessPal
Under Armour has announced that it has completed the sale of the MyFitnessPal platform to Francisco Partners, a global investment firm specializing in technology businesses and headquartered in San Francisco. As previously announced by Under Armour in a news release on Oct. 30, the sale has a transaction value of ...
-
News briefs
Apple is releasing its Fitness+ app
Apple has announced that its Fitness+ app is set for release on Dec. 14 in a limited number of countries around the world, including the U.K. and Ireland in Europe. The new app incorporates metrics from the Apple Watch (from monitoring the user’s heart rate, to personalize workouts), and brings ...
-
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 Kingdom of ...
