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...
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.
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
For the fitness industry, ClassPass CEO Fritz Lanman told Karen Webster, the last several weeks have been nothing short of “catastrophic” for the industry as a whole. Every player has been left scrambling to figure out how to shut down their business, provide for their staff, and then stay alive long enough to ride out...
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