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The American Fitness Industry Lost 58 Percent of Its Revenue in 2020
Finance

The GYMS Act, the $30 Billion Relief Plan for U.S. Gyms and Fitness Studios Now Has Backers in the Senate

Senators Tammy Duckworth (D-IL) and Jerry Moran (R-KS) want gyms and fitness centers to have their own relief fund (The GYMS Act), similar to ones set aside for live entertainment venues and restaurants.

Nick Keppler • Jun 02 2021
direct-to-consumer supplement companies
Nutrition

GNC Is Bankrupt. The Vitamin Shoppe’s Stock Is Tanking. Direct-to-Consumer Supplement Companies Want to Fill the Void.

The market share of GNC and the Vitamin Shoppe was 97 percent at the start of 2018. Now it’s 88 percent, thanks in part to a small but growing field of direct-to-consumer supplement companies.

Nick Keppler • May 29 2021
gympass-yes-health-news
Wellness

Gympass Adds Instant Health Advice App Yes Health

Yes Health will be the latest offering bundled into the package that companies offering Gympass pass on to their employees.

Nick Keppler • May 28 2021
Noom Valued at $10B
Fitness

Opinion: Disruptor Peloton, Planet Fitness Growth, $10B Noom, Best Tech Myzone

The fitness world saw another interesting week as Peloton achieved $30 billion market capitalization, Planet Fitness showed stronger profit

Staff Editor • May 27 2021
sibec-2021-miha_bodytec_012
Fitness

On Location From Sibec 2021: What is ahead for Fitness Industry?

Athletech News attended Sibec 2021 in Phoenix, AZ last week. As our first in-person event of 2021, it was refreshing to be part of 240+ suppl

Rebecca Goldberg • May 25 2021
peloton-output-park-news
Finance

Peloton Output Park to Cost Approx. $400 Million

The Peloton Output Park, a million-square-foot facility, will add more than 2,000 jobs and start producing equipment in 2023.

Nick Keppler • May 24 2021
xponential fitness covid lawsuit news
Finance

Xponential Fitness Sues Insurance Firm for Not Reimbursing COVID-19 Losses

Xponential Fitness is suing the Arch Insurance Co. in a Missouri federal court, after the insurer denied COVID-19-related payouts.

Nick Keppler • May 21 2021
Equinox salary opinion piece
Fitness

Opinion: Equinox Salary, Gyms Reopening, Apolo Ohno For Brrrn, Gym Owner Challenges

This week, Athletech News reviews Equinox salaries (18k+ employees), reopening gyms, Olympian Apolo Ohno backing Brrrn & gym owner challenges

Staff Editor • May 21 2021
Peloton Recall Treadlock
Tech

Recalled Peloton Treadmills Get Software Update

Recalled Peloton treadmills now have a Tread Lock feature that requires a four-digit code to start the treadmills and also locks the machines

Nick Keppler • May 19 2021
Beachbody BODi
Tech

The Beachbody Company Announces BODi: A New Interactive Premium Tier for Beachbody on Demand; Underpinned by Partnership with Feed.fm

BODi combines the immersive, personalized experience of in-person classes with the convenience of at-home workouts. Partnership with Feed.fm provides access to deep music library of popular artists, enabling curation and delivery of engaging musical content.

Staff Editor • May 19 2021
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