Some of the laid-off employees had been with the company for five years—a situation that left people feeling “angry” and “blindsided.” Late last month, the…
Vietnam-based WeFit, a fitness startup modelled after ClassPass, has filed for bankruptcy after running out of cash in the wake of the COVID-19 pandemic. WeFit…
Glofox, the gym management software company, announced the launch of a new platform that enables gyms and fitness studios to deliver live streaming and premium…
Rowing-machine maker, like Peloton, offers streaming classes L Catterton backed company last year, in talks to invest again With U.S. fitness enthusiasts relegated to working…
Italian fitness equipment maker Technogym (TGYM.MI) reported a slump in first-quarter sales due to coronavirus lockdowns, partly offset by a jump in home fitness sales…
Shuttered gyms are seeing memberships and on-site retail sales plummet, prompting many to shift their services online. But an absence of seamless digital payment experiences…
The Cowen Insight Our checks show a widening gap in innovation, ASPs and digital brand momentum at Nike, lululemon and Puma. Nike and lululemon digital…
Battered by the coronavirus-shutdowns of its stores that pushed net losses to $200 million in the first three months of the year, Pittsburgh-based GNC Holdings…
As U.S. consumers tackle ways to keep themselves and their families busy, active, and fit during this time of social distancing, sports and home fitness…
Under Armour on Monday reported a sales decline of 23% during its first quarter as its business took a blow from the coronavirus pandemic and its stores…
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