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Finance

Garmin acquires analytics company behind its smartwatches’ fitness, health tracking features

Firstbeat Analytics provides software that helps monitor stress, sleep, respiration rate and more for Garmin and other consumer smartwatch makers.

Staff Editor • Jun 30 2020
Fitness

Gym Owners Consider Suing NY to Open in Phase Four

After it was announced on Tuesday that gyms in New York would not be allowed to reopen in Phase Four, roughly 30 owners of small fitness studios formed a coalition to potentially pursue legal action against the state.

Staff Editor • Jun 30 2020
Finance

Lululemon Athletica Inc. to Acquire Home Fitness Innovator MIRROR

Acquisition will advance lululemon’s strategic vision by strengthening its omni guest experiences through digital sweat

Staff Editor • Jun 29 2020
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 to practice your downward dog in one, too.

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 reality fitness announced today an exclusive partnership to help transform members' health and fitness goals with state-of-the-art VR gaming technology.   

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 in pre-sales.

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 "likely result in a net reduction of jobs."

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 gymgoers will still return to their clubs once Covid-19 restrictions are lifted. 

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.

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.

Staff Editor • Jun 26 2020
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