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Fitness

Hot-yoga domes could be the new social-distancing fitness craze

From private dining pods to solo party pods, the best way to isolate among others is in one’s own personal bubble. Now, there’s a way…

Staff Editor • Jun 28 2020
Tech

EoS Fitness and Black Box VR Join Forces, Pilot First Dynamic Resistance Virtual Reality Workouts in U.S. Gyms

EoS Fitness, a leader in the fitness industry with its High Value Low Price (HVLP)® gyms and Black Box VR, an award-winning pioneer in virtual…

Staff Editor • Jun 28 2020
Tech

Reluctant gym-goers help push KC’s OYO to $4.4M in pre-sales for latest home fitness device

A month after breaking records as the most-funded fitness product in Kickstarter history, the KC-created OYO Nova Gym closed its crowdfunding campaign with $4.4 million…

Staff Editor • Jun 27 2020
Finance

Nike Announces Likely Job Cuts, $790 Million Loss (UPDATE)

Nike CEO John Donahoe announced in a company-wide email on Thursday that the brand will soon be “forced to make some difficult choices” that will…

Staff Editor • Jun 27 2020
Fitness

Life Time Fitness CEO says gyms could see ‘small degradation’ as more people workout from home

Life Time Fitness CEO Bahram Akradi on Thursday said that the gym industry could see a “small degradation” as more people opt for at-home workouts, although…

Staff Editor • Jun 26 2020
Finance

Peloton hits record, and chart indicates another 28% rally ahead

Peloton keeps pedaling higher: Its shares were up 3.5% in Wednesday’s premarket. The exercise bike maker’s stock has rallied more than 100% this quarter, benefiting…

Staff Editor • Jun 26 2020
Wellness

Restore Hyper Wellness + Cryotherapy chain lands $8M for expansion

An Austin-based wellness chain with offerings ranging from cryotherapy to infrared saunas has raised $8 million for U.S. and international expansion. Restore Hyper Wellness +…

Staff Editor • Jun 26 2020
Fitness

HelloFresh: Solid Q1 Results And Its Growth Momentum Continues

Summary Solid top line growth as the company benefits from Covid-19 restriction. Management guided 10% EBITDA margin in FY20. Jaw-dropping valuation level. In its short…

Staff Editor • Jun 25 2020
Finance

Nike Is a Winner as Virus Brings Focus on Wellness, Analyst Says

Amid the global pandemic, one silver lining may be consumers’ desire to refocus on health and wellness. For many people, that means lacing up some…

Staff Editor • Jun 25 2020
Fitness

CrossFit founder Greg Glassman is selling the company after weeks of controversy

Greg Glassman is selling CrossFit, following intense backlash over his response to the death of George Floyd and the anti-racism movement sweeping the country. The…

Staff Editor • Jun 25 2020
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