The Gym of the Future Is Here.
See what’s changing and where operators are investing.
Fritz Lanman, Classpass chief executive officer, discusses the demand for online fitness classes with Emily Chang on "Bloomberg Technology." Watch the Full Video
Technogym S.p.A. (BIT:TGYM) shareholders should be happy to see the share price up 20% in the last week. But that doesn't change the reality of under-performance over the last twelve months. The cold reality is that the stock has dropped 36% in one year, under-performing the market... READ MORE @ Yahoo Finance
GNC Holdings, Inc. (NYSE: GNC) (the “Company”), today announced that it has received notice from the New York Stock Exchange (the “NYSE”) that the Company does not presently meet certain NYSE continued listing standards which require the Company to maintain a minimum average closing price of $1.00 per share over a period of 30 consecutive...
Whoop is the ‘it’ fitness and recovery tracker – used by LeBron James and Michael Phelps – that has raised more than £75 million in funding. CEO and founder Will Ahmed talks the power of rolling the dice and his crucial criteria for new hires... Read More @ GQ UK
SAN FRANCISCO, April 27, 2020 -- Tonal, the world’s most intelligent home gym and personal trainer, today announced it is partnering with Theragun, the leader in percussive therapy. In addition to Theragun being available for purchase on Tonal.com starting in May and at select retail locations, Tonal is kicking off the partnership with an exclusive...
Shares of Peloton finished the day up more than 6% Friday after the company said it held its largest class ever earlier this week, with more than 23,000 people streaming it from home... Read More at CNBC
New York Sports Clubs has agreed to issue credits and refunds of membership fees during during coronavirus closures, officials announced Friday.
Sales are up, but analysts question whether momentum is sustainable
The gym chain’s owner, Town Sports International Holdings, is considering a potential Chapter 11 bankruptcy filing, according to Bloomberg. The chain has been in talks with lenders and advisors over a $200 million loan coming due in November... Read More @ TheRealDeal
It is with a very heavy heart that we must cancel the 2020 IDEA World Convention, July 8-12, in Anaheim, CA. Despite making every effort to host the event as planned or to postpone it, the reality is that it cannot take place due to uncertainty surrounding the COVID-19 crisis.
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