Archive for the ‘Equipment’ Category

10 Dec 2019
News

Milon changes CEO, buys Five-Konzept

Posted by admin

Milon Industries will start the next year under fresh leadership and with an expanded product range due to the acquisition of Five-Konzept, the German brand of stretching equipment. The two brands have already been working closely together for...

Read more
27 Nov 2019
News

Former Spotify executive leads Peloton into Germany

Posted by admin

Formerly marketing director for Spotify in Europe, Martin Richter has been appointed as country manager for Peloton in Germany, to lead the interactive indoor cycling brand’s expansion into the country last week. The U.S. brand of interactive...

Read more

Peloton buys Taiwanese manufacturer

Posted by admin

Peloton Interactive has acquired Tonic Fitness Technology from Taiwan for $47.4 million in cash, as a means to get a tighter grip on its supply chain. Peloton announced the purchase as it reported higher sales and smaller losses for the quarter...

Read more
31 Oct 2019
News

Technogym Bike goes Live

Posted by admin

Technogym’s much-awaited smart home bike was launched in Italy today for €2,950, in conjunction with content subscriptions starting from €29 per month. The Technogym Bike is the first product to connect with Technogym Live, a digital...

Read more
31 Oct 2019
News

Kettler ending German production

Posted by admin

Trustees have been appointed for Kettler after the German fitness equipment maker was unable to put together a restructuring plan under its own administration, and it was decided to shut down production. Georg Kreplin, the appointed trustee from...

Read more
15 Oct 2019
News

InBody doubling European sales

Posted by admin

Fitness Park in France, Go Fit in Spain and Nordic Wellness in Sweden are some of the fitness club operators that have supported brisk European expansion for InBody in the last two years – and more structural investments are underway for the...

Read more
19 Sep 2019
News

Peloton targets $8 bn valuation

Posted by admin

An updated prospectus filed by Peloton Interactive last week indicates that the supplier of connected home fitness equipment is targeting a valuation of up to $8.2 billion in its initial public offering (IPO). The company said it expects to offer...

Read more
5 Sep 2019
News

New European chief for Precor

Posted by admin

Daniel Sprung has become vice president and managing director for Precor in Europe, the Middle East and Africa (EMEA), amid a return to double-digit expansion for the fitness gear maker. Sprung was previously country manager in the...

Read more
10 Jul 2019
News

Clawson and Nieto return to Life Fitness

Posted by admin

Just a few days after it finalised the acquisition of Life Fitness, KPS Capital Partners has appointed Chris Clawson to return as chief executive of the fitness equipment company, taking over from Jason Worthy. As president of Life Fitness for...

Read more
11 Jun 2019
News

Peloton files for IPO

Posted by admin

The disruption caused by digital fitness platforms has been the talk of the industry for several years, but the stock market could put a clearer value on it in the months ahead, since Peloton Interactive is heading for a much-hyped initial public...

Read more

Fitness News Europe is an independent business publication for managers, investors and other stakeholders in the international fitness industry, who want reliable, topical business information about their market.

  • Fitness Industry News

    Fast, reliable and independent business news from the European fitness industry, leaning on an unparalleled network of contacts across international sports and fitness markets.

  • Exclusive Analysis

    Well-informed and often exclusive analysis relating to the European fitness sector, providing insights into market dynamics, company strategies and financial opportunities.

  • Business Reports

    An essential business tool for executives and investors, with regularly updated analysis that is available permanently online, along with news items and features compiled in bi-weekly electronic newsletters.

most popular