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Tonal wants to ramp up its marketing spend and to build up the supply chain for its connected strength equipment for home training, after it secured $110 million in extra capital. The funding comes from investors including L Catterton, which was...
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Zwift is preparing to launch its own hardware, after it secured a minority investment of $450 million led by KKR. The online fitness platform for cyclists and runners said earlier today that the investment will turn Zwift into a “more immersive...
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Apple could turn into a formidable competitor for digital workout suppliers such as Peloton, Les Mills On Demand and Fiit, with a relatively cheap subscription service providing engaging training sessions that connect directly with the Apple...
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Peloton is launching cheaper products to continue the quick expansion of its customer base, as the connected fitness market is drawing mighty rivals and unprecedented investment. Peloton became profitable in its fourth fiscal quarter, until the...
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The company behind Sports Direct has purchased 43 gyms and 31 sports stores in the U.K. from the administrators of Dave Whelan Sports for £37 million (€41.0m), to complement its fitness business under the Everlast brand. The DW assets were...
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JD Gyms’ acquisition of 50 Xercise4Less clubs in the U.K. marks a leap forward for the British smart cost operator – and probably the start of another bout of consolidation for the European fitness club industry. JD Gyms snapped up the...
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RSG Group, the company behind McFit, is set to acquire Gold’s Gym for about $100 million, subject to final court approval. With a potential combination of over 900 gyms and franchises on six continents, Rainer Schaller’s group could kickstart...
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Lululemon Athletica is reinforcing its ecosystem in yoga and fitness through the agreed takeover of Mirror for $500 million. Launched in New York just two years ago, Mirror is a digital home fitness device functioning as a full-length mirror and...
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The Norwegian study involving about 4,000 gym members to check the risk of contagion when working out in fitness clubs has concluded that “provided good hygiene and social distancing measures, there was no increased Covid-19 spread at training...
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Martin Long, former chief executive of...
Orangetheory Fitness doubled its...
Group, the former Health & Fitness...
The Holmes Place group is starting the...
