Gympass Worth $2.2 Billion Now
Investors increasing Gympass' worth were led by SoftBank and included General Atlantic, Moore Strategic Ventures, Kaszek...
ClassPass Releases “Comeback Report”- Nine Out of Ten Appointments Booked on App Are In-Person, Showing a Return to Gyms and Studios
ClassPass saw a doubling of its U.S. user base from May to June, as mass vaccinationsushered a return to public places.
The Makers of Messenger[AI] Say It Can Do All the Work of a Full-Time Receptionist
Mindbody is marketing Messenger[AI] to small-to-medium-sized fitness businesses as a solution that takes the place of a receptionist.
Les Mills Recommends Gyms To Go Digital
The Les Mills CEO warns that businesses in the fitness space don’t have the luxury of hoping for a return to life as it was pre-pandemic.
Lululemon Revenue Increases by 88%
Lululemon's total revenue for 2020 was $4.4 billion and it has been solidly increasing since 2008. The company has been a...
Outdoor Retailer Summer 2021 Held With Updated COVID-19 Guidelines
Check out glimpses of all three days of Outdoor Retailer Summer 2021. The event for this year was moved from June to August, presumably...
Vitamin Shoppe Franchising Opens For First Time
From a Vitamin Shoppe franchising point of view, it might appear to be a less-than-ideal point in the company’s history to set up a store...
The GYMS Act, the $30 Billion Relief Plan for U.S. Gyms and Fitness Studios Now Has Backers in the Senate
Senators Tammy Duckworth (D-IL) and Jerry Moran (R-KS) want gyms and fitness centers to have their own relief fund (The GYMS Act), similar to ones set aside for live entertainment venues and restaurants.
GNC Is Bankrupt. The Vitamin Shoppe’s Stock Is Tanking. Direct-to-Consumer Supplement Companies Want to Fill the Void.
The market share of GNC and the Vitamin Shoppe was 97 percent at the start of 2018. Now it’s 88 percent, thanks in part to a small but growing field of direct-to-consumer supplement companies.
Gympass Adds Instant Health Advice App Yes Health
Yes Health will be the latest offering bundled into the package that companies offering Gympass pass on to their employees.