The Gym of the Future Is Here.
See what’s changing and where operators are investing.
Within days of gym closures being announced amid national shutdowns back in March, fitness enthusiasts were quickly forced to adjust their workout habits. Exercising from home became the only way to break a sweat and stay in shape.
As they await a green light to reopen, gym owners, like other businesses, have made accommodations to meet new health and social distancing requirements, installing special equipment, reducing capacity and, in some cases, eliminating amenities like lockers.
Former Dallas Cowboys linebacker DeMarcus Ware had planned to open his new fitness center and gym in Trophy Club long before a global pandemic turned leaving your house to do anything from a chore to a nuisance.
Town Sports International Holdings Inc. [NASDAQ:CLUB] most recently reported quarterly sales of 115.96 billion, which represented growth of 2.20%. This publicly-traded organization’s revenue is $50,735 per employee, while its income is -$2,017 per employee. This company’s Gross Margin is currently 78.80%, its Operating Margin is -1.40%, its Pretax Margin is -4.09, and its Net Margin...
“I didn’t want to resign, but I wanted to say how kind of hurtful some of the actions of the company have made me feel,” Monica Davis told Equinox when she was fired.
Quiet Punch has taken the traditional boxing workout and made it accessible to people with limited spaces and budgets. The uniquely designed punching bag is now linked with a tech sensor and accompanying iPhone and Android apps.
As people take their exercise outside into public parks and beaches, sweating in style is becoming the hottest and coolest fashion trend. Lockdown nudged us onto social media searching for ways to move our bodies in quarantine. It also pushed sportswear sales up 36% compared to spring data from the previous year. What used to...
Although its name is synonymous with expensive workout equipment, Peloton’s real future lies in apps and on-demand classes
Research based on eBay's fitness sales data shows gains of thousands of percentage points during the pandemic lockdown compared to 2019. Several other marketing studies duplicate those e-commerce results.
COVID-19 pandemic, research underscore importance of physical activity, infrastructure in the battle for community health
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