Finance
Gymshark Eyes ‘Biggest Year Ever’ Despite Profit Dip
Gymshark is eyeing its "biggest year ever" in 2024, including a high-end activewear line and pop-up events in NYC and Miami.
Planet Fitness Grows Revenue but Warns of ‘Transition Year’
Planet Fitness continues to grow membership and revenue but is facing executive upheaval and uncertainty over new franchise growth plans.
BowFlex Future in ‘Doubt’ as Company Weighs Sale, Bankruptcy
BowFlex is casting “substantial doubt” on its ability to continue operations and is considering filing for bankruptcy, according to a quarterly filing.
Longevity Tech: Ezra Raises $21M for Affordable MRI Scans
Ezra aims to make cancer and disease detection quick and affordable at a time when consumers are increasingly invested in their health.
GoSaga Forms Advisory Board, Eyes Studio Expansion
In a move meant to fortify growth plans for FitLab, Lymbr and VIO Med Spa, GoSaga has assembled a team of fitness and wellness experts.
Xponential Sells Stride Fitness; Shaun Grove To Depart
Xponential Fitness has returned to a portfolio of ten brands, transitioning Stride, its treadmill-based interval training concept, to a private owner.
Odyssey Raises $6M for Mushroom-Infused Energy Drinks
Odyssey makes energy drink beverages infused with Lions Mane and Cordyceps mushrooms to enhance cognitive function.
Mark Wahlberg Invests in Boston F45 Studios
The deal, forged in partnership with Club Sports Group, signals Wahlberg’s first investment in his own F45 studios.
Peloton Stock Drops as CEO Laments Failed College Strategy
Peloton's rebrand isn't yet going according to plan; a bike deal with the University of Michigan won't be replicated with other schools.
Tom Brady’s TB12, Nobull Merge To Form Nutrition & Apparel Giant
The NFL legend joins Mike Repole, who bought Nobull last summer and has a history of partnering with Hall of Fame athletes.
