All Health & Wellness articles – Page 2
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News briefsiFit Health & Fitness reportedly loses key executives as CEO search continues
IFit Health & Fitness, the U.S. connected fitness company that formally withdrew its registration statement for an initial public offering in early April, is losing two top senior executives, according to a report by the NY Post yesterday. CFO Steve Barr, named co-president in February, and Tony Smith, a 28-year ...
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News briefsJohnson Health Tech posts H1 loss despite revenue gain
Johnson Health Tech, the Taiwanese fitness equipment company, reported an attributable net loss of 328,254,000 Taiwanese dollars (€10.5m) against a profit of TWD 28,0002,000 for the six months ended June 30. H1 revenues for the parent of the Matrix, Horizon Fitness, Vision Fitness and Synca wellness brands rose 2.0 percent ...
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News briefs
Asics adds mental health support funding to its athlete’s contracts
Asics EMEA has made mental health support part of all new and existing athlete contracts. In recognition of the growing pressures facing elite athletes, the brand has introduced new resources to better protect and support athletes’ mental health through professional guidance. The company will fund mental health support for all ...
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ArticleAsics’ State of Mind Index proves the positive impact of physical activity on the world’s mental health
Asics has announced the results of its inaugural Global State of Mind Index, which proves a direct positive link between exercise and mental health, but uncovers the worrying potential impact of lower levels of activity in younger generations across the globe. The first-of-its-kind global study, which tracked the mental state ...
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ArticleiFit Health & Fitness raises $355 million in capital, names co-presidents
Months after abandoning a $650 million initial public offering due to unfavorable market conditions, iFIT Health & Fitness, formerly known as Icon Health & Fitness and parent of the NordicTrack, Weider and ProForm fitness brands, amongst others, has raised $355 million in capital from L. Catterton, the largest global consumer-focused ...
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News briefsWithings acquires health and fitness app 8fit
Withings, a French electronics company with offices in the U.S. and Hong Kong and focusing on at-home connected health, announced the acquisition of 8fit, a global health, fitness and wellness app with more than 40 million downloads, launched in Berlin in 2014. Available in six languages, 8fit provides its users ...
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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
Humanoo’s digital health platform raises $10 million
Humanoo, an automated B2B digital health platform used by corporations and health insurance companies founded in Berlin five years ago, has completed a $10 million round of funding involving new investors such as Sanitas and Verve and existing investors including Rocket Internet. Switzerland’s two largest health insurance companies, the CSS ...
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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
Decathlon France is testing an in-store “sport and health” corner
Decathlon is testing an interactive “educational corner” on sport and health, with a focus on connected devices, at its main Decathlon Campus in Villeneuve d’Ascq, in the north of France. The new space is meant to allow customers to benefit from personalized advice about how to improve their lifestyle in ...
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Article
Mizuno accelerates on sustainability and healthy lifestyles
Back in 1991, when global environmental issues were just starting to attract attention, Mizuno launched its own global environmental conservation initiative, the Crew21 Project. The company is now committing to strengthening and expanding its existing program. To that end, from 2021 Mizuno will focus on three key areas of sustainability: ...
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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 ...
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ArticleSpanish campaign promotes sport as a study projects fewer jobs and higher healthcare costs
An association called España se Mueve – along with the High Sports Council, the autonomous community of Madrid and the Madrid city hall – has launched a campaign to help the Spanish sports sector weather the Covid-19 storm and promote sport among the populace for the sake of public health. ...
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News briefsFischer presents health and wellness webinars with Lynsey Dyer
Fischer Sports North America announced that a six-week workshop with Lynsey Dyer, the 37-year-old American ski professional sponsored by the Austrian company, will start on Nov. 9. Called the Showing Up Workshops, the online course is geared toward anyone looking to improve their mental and physical state for the coming ...
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News briefs
Vans donates $1 million to tackle mental health concerns through creativity
Vans will donate a total of $1 million to 10 charities from around the world that work on programs focused on creativity as a way of coping with the stress factors that impact mental health and well-being. Each charity will receive $100,000 from The Vans Checkerboard Fund at Tides Foundation ...
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ArticleFunding round values Icon Health & Fitness at $7bn
Icon Health & Fitness got a valuation of more than $7 billion in a new $200 million round of financing which, according to Bloomberg, may be followed by a public offering of its shares in 2021. Founded 43 years ago in Utah with Mormon capital, Icon is the parent company ...
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News briefs
Peloton sets up a health advisory council
Peloton has established a Health and Wellness Advisory Council to find ways to foster the “physical, mental and emotional wellbeing” of its subscribers worldwide. The council’s five members are doctors, researchers and other specialists in cardiovascular medicine, cardiopulmonary exercise, neurology and neuroscience. According to the company’s president, William Lynch, Peloton’s ...
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News briefs
Johnson Health Tech suffered a net loss of 89.7 million...
Johnson Health Tech suffered a net loss of 89.7 million Taiwan dollars (€2.5m-$3.1m) in 2017 against a net profit of NT$19.5 million. Excluding foreign exchange and other extraordinary items, the company's net income declined by 82 percent to NY$130.6 million (€3.6m-$4.5m), as an expansion of 0.9 percentage points in the gross ...
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News briefs
After rising by 4.4 percent in 2016, memberships in health...
After rising by 4.4 percent in 2016, memberships in health and fitness clubs grew by 4.0 percent to 60.0 million in 2017 as compared to 2016, according to an annual report released by Europe Active and Deloitte ahead of the Fibo trade show in Cologne. Germany continued to strengthen its ...
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Short stops
Ortholite has hired Nino Gilarde, a health care industry veteran,...
Ortholite has hired Nino Gilarde, a health care industry veteran, as its chief financial officer
