Sweetgreen Stock Soars on Debut
Sweetgreen's stock market victory comes at a time when over 10% of restaurants have permanently closed last year.
Les Mills Launching Boutique Studio Solution
Les Mills has implemented the boutique solution at New Zealand's Auckland City Club & in Asia with a near 80% increase in new members in AU.
Nike Pauses Sneaker Launch with Travis Scott
The sneaker, Nike x Travis Scott Air Max 270 'Cactus Trails,' was slated to be released next month. New release date not announced yet.
Beachbody Shares Drop After Q3 Results
Before the drop in shares, Beachbody reported that sales were down 17%, with CEO Carl Daikeler calling the results 'unacceptable.'
Peloton Strategizes as It Announces Selling $1B Shares
The sale of Peloton's Class A common shares will net company approx. $1.07b, & will increase cash flow to compensate for its recent troubles.
Deep Dive: What’s Next for Fitness Industry Post-Pandemic?
Athletech News talks to RunRepeat’s Nick Rizzo about industry winners & what companies to watch to learn what's next for fitness post-pandemic.
Hyperice adds Athlete Investors
Existing investors in Hyperice are Naomi Osaka, Seth Curry, Anthony Davis, Rickie Fowler, DeAndre Jordan, Jarvis Landry, and Patrick Mahomes.
Ergatta & Colin Kaepernick Join to Gamify Fitness
As a special treat, Ergatta members will be able to unlock an exclusive three-month Colin Kaepernick-inspired training program.
Xponential Expanding into LA Fitness, City Sports Club
The Xponential-LA Fitness-City Sports Club deal includes 350+ new locations over 5 years, bringing franchisor's brands to 500+ locations.
Swerve Fitness Launches an Immersive Cycling Experience
Athletech News catches up with Marion Roaman, new Head of Content at Swerve Fitness and Peloton cofounder.