Finance

Equinox Secures $1.8B for Loans, Club Expansion

Equinox is planning 25-plus new clubs across major markets, securing $1.8 billion in new capital to fuel expansion and repay existing loans.

Shaping the Future: The Evolution of Fitness Franchises in 2024

The fitness franchise industry is growing fast, with high interest from investors and consumers alike as new modalities emerge.

Treadmills inside a Nike Studios location

FitLab Accelerates Growth With $65M in Strategic Financing

FitLab, the platform behind Nike Studios, has secured a $65 million strategic financing facility from Atlas Credit Partners.

BowFlex Files for Bankruptcy, Eyes Potential Sale to Matrix Parent

BowFlex has filed for Chapter 11 bankruptcy, agreeing to a deal that could see it sold to Johnson Health Tech Retail for $37.5 million.

How Ekhos’ Saskia Topp Went From Model to Health & Wellness Entrepreneur

When the pandemic disrupted the modeling industry, Topp pivoted and founded Ekhos, a fast-growing digital marketing agency.

Lindora building

Xponential Grows Revenue 30%, Eyes More With Wellness Push

Xponential Fitness sees massive potential in Lindora, it's first foray into the GLP-1 weight-loss drug space.

man lifts a dumbbell at an Orangetheory studio

Orangetheory, Self Esteem Brands Merge in Major Fitness Deal

The parent company of Anytime Fitness joins forces with Orangetheory in a deal that creates a global wellness giant.

Momentous Gets $32M To Expand Human Performance Supplements

Humble Growth has acquired a significant minority stake in Momentous, the 'human performance' brand led by former NFL player Jeff Byers.

woman works out on a cable machine at Anytime Fitness

Self Esteem Brands Sees Revenue, Franchise Growth in ’23

Anytime Fitness owner Self Esteem Brands (SEB) has closed out a solid 2023 with system-wide revenues up 12.3% compared to 2022.

Life Time CEO Touts Member Engagement as Shares Soar

Luxury lifestyle and fitness operator Life Time's stock surged Wednesday on the back of strong 2023 financials and membership metrics.