All Fitness articles – Page 6
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News briefs
Xponential Fitness reconfirms partnership with Lululemon after activewear brand joins forces with Peloton
Following on from yesterday’s announcement that Lululemon and Peloton are to join forces in a fitness content and apparel deal, Xponential Fitness has released its own joint statement with Lululemon reconfirming their ongoing retail partnership. “Xponential Fitness has been a valued partner since we announced our Lululemon Studio collaboration in ...
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Lululemon and Peloton strike fitness content and apparel deal
Lululemon and Peloton have announced a five-year strategic global partnership which will see Peloton become the exclusive digital fitness content provider for Lululemon, and Lululemon the primary athletic apparel partner to Peloton. With the aim of “engaging their respective global community of members in the United States, Canada, the United ...
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Peloton Appoints SVP of Apparel & Accessories
Peloton has named Cédric Fletcher as its new Senior Vice President of Apparel and Accessories. Fletcher has held leadership positions at several apparel and sporting goods companies, most recently as Chief Product Officer at men’s apparel brand True Classic. Prior to that, he was Chief Merchandising Officer at Under Armour ...
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Technogym inaugurates new Benelux center
Technogym has announced the opening of its new Technogym Benelux center. Located at Capelle aan den Ijssel in the western Netherlands, the 1,500 sqm space has been designed to attract both industry operators and consumers, who will have a chance to discover the brand’s ecosystem made of training equipment, digital ...
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Lululemon to host World Mental Health Day activities around the globe
Canadian company Lululemon is launching a series of interactive wellness events in communities around the world in honor of World Mental Health Day on Oct. 10, 2023. The day aims to raise awareness and create positive change around the world through mental health education. Planned events range from collaborative sweat ...
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Lululemon releases latest Impact Report
In its third annual Impact Report, released Sept. 12, Lululemon provided a detailed account of progress and lessons learned from its multi-year strategies and commitments to advance the well-being of people and the planet. At the heart of the Power of Three ×2 growth plan is Lululemon’s Impact Agenda, which ...
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News briefs
More sports features on the new Apple Watch
Apple will be releasing its Apple Watch Series 9 in stores on Sept. 22. From the sports perspective, the most salient novelties are the new double-tap gesture (to come in a software update in October), a faster and more capable Siri and the new features of the operating system. ...
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Gowalking.com goes online to unite fitness walkers worldwide
On Sept. 12, Gowalking.com launched a start-up founded by Jeremy Goldstein with the goal of connecting and supporting the world’s estimated 1.2 billion fitness walkers by providing a simple and innovative platform to find and join local walking groups and receive the latest walking fitness news. Gowalking.com ...
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News briefs
Athleisure market to grow at 5.2% CAGR by 2032
The global athleisure market generated $2.0 billion in 2022 and is projected to generate $3.2 billion by 2032, posting a compound annual growth rate (CAGR) of 5.2 percent from 2023 to 2032. The data is included in a recent 300-page report by Allied Market Research, a business-consulting wing of Allied ...
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UYN banks on new biotech fibers
Source: UYN Evolutyon Biotech Italian brand UYN (Unleash Your Nature) has developed a range of new high-performance biomaterials. From Kapok, the so-called “plant wool,” to Flexicorn, an elastic fiber made from corn seeds, these fibers are designed to replace those synthetic ones derived from fossil fuels that ...
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Xponential Fitness signs deal with Gympass, cites 3-year operating targets
The largest global franchisor of boutique fitness brands has issued new operating targets for 2026 that include systemwide sales of $2.33 billion, revenues of $405 million and adjusted Ebitda of $190.0 million as it opens 500 new studios. Xponential Fitness, which generated a 9 percent increase in Q2 net profit ...
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Fabletics launches desert-inspired collection with Khloé Kardashian
California-based activewear brand Fabletics, founded in 2013, has announced its latest celebrity collection in collaboration with entrepreneur, fitness enthusiast and television star Khloé Kardashian, launching Sept. 8. The nine fashionable pieces feature a desert-inspired theme that the company says reflects Kardashian’s perseverance and is directly influenced by her ability to ...
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Sport-Tiedje becomes Peloton’s strategic partner in Germany
Peloton is strengthening its retail presence by entering into a collaboration with the Sport-Tiedje Group that will make the fitness retailer the exclusive distributor of Peloton fitness equipment in Germany. The collaboration represents a key milestone for the connected fitness company, expanding access to its fitness equipment and instructor-led classes ...
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ISPO Munich 2023 offers New Perspectives on Sports
Only three months before the leading sporting goods trade show, ISPO Munich opens its doors again at the Messe München exhibition center. The show, which will take place from Nov. 28-30, 2023, will be thematically divided into the following areas: Outdoor (Halls A1-A3): From large booths to merged villages, ...
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Garmin updates Venu smartwatch series with wheelchair features
Source: Garmin Venu 3S Garmin has introduced the Venu 3 and Venu 3S smartwatches. The Venu 3 duo includes, among other new features, a wheelchair mode. Wheelchair users can track daily pushes instead of steps and receive weight shift alerts. These two models also offer wheelchair-specific sports ...
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Lululemon raises FY outlook; will aim to accelerate its unaided brand awareness
Lululemon, with so many aspects of its balanced approach moving ahead positively, wants to grow its unaided consumer brand awareness around the globe. The company, while keeping its marketing spend “relatively stable,” intends to make further brand investments in H2 that will focus on digital media, in-store and targeted television ...
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News briefs
New Lycra brand products to be shown in Shanghai
The Lycra Company, developer of innovative and sustainable fiber and technology solutions for the apparel and textile industry, is showcasing its latest products at Intertextile Shanghai (Aug. 28-30, 2023). The company’s booth will feature three new Lycra brand fibers making their trade show debut. To meet the market’s need for ...
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Gympass raises $85 million in equity funding
Corporate wellness platform Gympass has announced that it has raised $85 million in Series F funding, led by EQT Growth, with participation from Neuberger Berman. The funding comes in at what the company has described as “a record year” on the heels of several milestones. Gympass surpassed 15,000 corporate customers ...
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Peloton Interactive takes steps to accelerate reach; Q4 loss shrinks
Roadblocks, namely costs associated with a bike seat recall and a separate legal settlement, detracted from Peloton Interactive’s financial recovery in Q4 under CEO Barry McCarthy. But the company is continuing to implement new initiatives aimed at sales and profitability growth and attracting a wider base of younger, fitness-focused consumers ...
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Anta Sports gets H1 sales lift from all segments, brands
Anta Sports Products Ltd. achieved a 32 percent increase in H1 operating profit to 7,623 million yuan renminbi (€1.02bn) for the six months ended June 30. Gross margin improved by 130 basis points to 63.3 percent from 62.0 percent, while profit attributable to shareholders increased by 40 percent to RMB ...