All Health & Wellness articles – Page 4
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Article
The World Federation has become healthier
Overcoming all its previous financial problems, the World Federation of the Sporting Goods Industry managed to post a profit of around 200,000 Swiss francs (€165,900-$218,300) last year on revenues of CHF 1.3 million (€1.1m-$1.4m). It's been a quantum leap from the situation in 2007, when Robbert de Kock took over ...
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News briefs
Nautilus strikes an exclusive global licensing deal with Core Health...
Nautilus strikes an exclusive global licensing deal with Core Health & Fitness, allowing it to use patented technologies of its own TreadClimber in the latter's commercial machines. Core Health already licenses the Schwinn brand for commercial cycling products.
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News briefs
The National Health Service of the U.K. has forbidden hospital...
The National Health Service of the U.K. has forbidden hospital workers from wearing Crocs or similar rubber clogs while working, having found numerous instances of sharp objects penetrating their soles. The Telegraph reported that the U.K. is just the latest of many countries, including the U.S., Canada, Sweden and Austria, ...
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Nautilus is sueing Icon Health & Fitness for breach of...
Nautilus is sueing Icon Health & Fitness for breach of contract in a federal court in San Antonio, Texas. It complains that Icon failed to make timely and accurate payments of royalties on patent licensing agreements between July 2006 and Sept. 2010. The contract stipulated a royalty fee of 4 ...
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Icon Health & Fitness has bought Altra Footwear, a developer...
Icon Health & Fitness has bought Altra Footwear, a developer of minimalist shoes, for an undisclosed amount. Altra Footwear was founded in 2009 by runners, and claims to have created the first “zero-drop” footwear line, meaning that the heel is the same height as the toe. Most running shoes have ...
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News briefs
Icon Health & Fitness announces that all its NordicTrack and...
Icon Health & Fitness announces that all its NordicTrack and ProForm treadmills, stationary bikes and ellipticals sold as of this month will be carbon-neutral. The American company has pledged to offset all CO² emissions deriving from the manufacture, transport, marketing, utilization and recycling of the equipment through a partnership with ...
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Article
FIBO reflects growing interest in health
FIBO, the international trade show for the health and fitness industry in Essen, Germany, reached a new record this year, with a 9.2 percent increase in the number of visitors to 58,100 and a 3.7 percent increase in exhibitors to 581. The exhibition area of 75,000 square meters, the largest ...
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Article
Johnson Health Tech Sees Double-digit Growth Across The Board
A 26 percent jump in sales in North America helped Johnson Health Tech record a 20 percent increase in total revenues for the third quarter ended Sept. 30. The company attributed the increase to continued investments in sales support, marketing and product development. Sales in the commercial segment ...
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News briefs
Icon Health & Fitness is at the center of two...
Icon Health & Fitness is at the center of two lawsuits. Interactive Fitness Holdings of Sunnyvale, California, which bought the assets of Expresso Fitness out of foreclosure in November 2009, is seeking a declaratory judgment that it does not infringe on two patents issued to Icon, one involving adjusting exercise ...
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Christopher E. Clawson, who has been running Johnson Health Tech’s...
Christopher E. Clawson, who has been running Johnson Health Tech’s strong business in North America, returns to Life Fitness as president of the company.
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News briefs
Johnson Health Tech had a 29 percent sales increase for...
Johnson Health Tech had a 29 percent sales increase for the second quarter ended June 30. In the commercial channel, the increase was 50 percent. Johnson makes fitness equipment under the brands Matrix, Vision, Horizon and Livestrong. In the North American segment, overall sales rose by 26 percent, which the ...
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News briefs
Johnson Health Tech, which makes fitness equipment under brands such...
Johnson Health Tech, which makes fitness equipment under brands such as Matrix Fitness, Vision Fitness, Horizon Fitness and Livestrong, had a 32 percent jump in sales in the first quarter, reporting increases across all channels in the sporting goods and mass markets, and in the specialty and commercial divisions. Sales ...
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Article
Cybex Reaches Outside Health Clubs
Sales fell at Cybex International by 18.9 percent of $29.0 million for the third quarter ended Sept. 26, while net income plunged by 76.2 percent to $81.0 million. Cardio equipment dropped by 15 percent to $16.4 million, while strength equipment weakened by 26 percent to $10.1 million. “Other” went down ...
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News briefs
Bluesign Technologies, which sets the standard for sustainability, health, safety...
Bluesign Technologies, which sets the standard for sustainability, health, safety and fair working conditions, has added several companies that have signed its agreement: Long Advance International, Paltex Company, Utermost Dyeing & Finishing Company, and Ho Chien Enterprise Company, all of Taiwan; and Shanghai Challenge Textile Company and Shanghai Jiale Corporation. ...
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Article
Jd Sports Reports A Healthy Year
Revenues at JD Sports Fashion for the year ended Jan. 31 increased by 13.3 percent to £670.9 million (€757.6m-$983.1m). The gross profit margin inched up by 0.1 percentage point to 49.3 percent, and the pre-tax profit grew by 9.1 percent to £38.2 million (€43.1m-$56.0m). The operating margin before extraordinary items ...
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Article
Icon Health & Fitness is launching a partnership with Nike...
Icon Health & Fitness is launching a partnership with Nike and Apple that will make it possible for runners exercising on their home treadmills to take part in the Nike+ community. The Nike+ program enables runners to measure their performance through a chip inserted in a pair of Nike shoes ...
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News briefs
Icon Health & Fitness recently filed a federal breach of...
Icon Health & Fitness recently filed a federal breach of contract suit in Utah against two competitors on the U.S. market, Horizon Fitness and Vision Fitness. The complaint alleges that both defendants have failed to pay royalty fees amounting to 6 percent of sales on fitness products that license an ...
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Article
Auditors Question Jjb’S Health
Shares in JJB Sports, the U.K.’s second-largest sports retailer, crashed in London today after it unveiled unexpected half-year losses – and the financial situation has apparently grown so tense that JJB’s auditors questioned whether it could continue as a going concern. In spite of firm reassurances by the company, JJB’s ...
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Short stops
An American health insurance company, VSP Vision Care, has acquired...
An American health insurance company, VSP Vision Care, has acquired Marchon, the big American eyewear group that holds the Nike optics license (more in EYEWEAR INTELLIGENCE.
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The New European sales director for Johnson Health Tech with...
The New European sales director for Johnson Health Tech with its brands Vision and Horizon is Burkhard Lüben, who used to be long-time general manager for Life Fitness Europe before he briefly worked for Johnson in the German-speaking countries as well as Cybex.