Finance
Fortë Closes New Funding Round as Fitness Streaming Platform Continues To Grow
Fortë has successfully closed another round of funding, which the live and on-demand streaming solution for gyms and studios will use to continue its growth.
F45 Says Losses Likely Higher Than Previously Reported
F45 Training has warned that its net losses are likely higher than initially reported due to errors it made in previous financial filings.
TDR Capital Reportedly Mulling $2.6B Sale of UK Fitness Giant David Lloyd Leisure
David Lloyd Leisure is Europe's largest health and fitness operator with over 730,000 members and 131 clubs.
Food of the Future: Joyful Ventures Raises $23M To Invest in Sustainable Protein
Joyful Ventures has closed $23 million of its $25 million fund prioritizing firms specializing in sustainable protein solutions.
EGYM Raises $225M From Jared Kushner’s Firm, Preps for IPO
As it eyes an IPO, EGYM CEO Philipp Roesch-Schlanderer shared that 2023 will be the fit tech company's first fully profitable year.
Xponential Stock Still Hampered by Report, but Analysts Are Optimistic
Wall Street analysts believe Xponential Fitness is likely to make a full comeback from a short-seller report that caused its stock to sink.
TRX Acquires YBell Fitness To Enhance Functional Training Ecosystem
The deal sees TRX add YBell's kettlebell-dumbbell combo product to its line of functional training equipment
Xponential Refutes Short-Seller Report Allegations, Prompting Stock To Rise
Xponential Fitness stock fell 37% Tuesday in response to a scathing report issued by Fuzzy Panda Research.
Xponential Stock Sinks After Scathing Report
Xponential shares plunged 37% Tuesday after a short-sale report warned that the fitness company is a “house of cards” about to tumble.
Lululemon Can’t Find Buyer for Mirror, Even at Cut-Rate Price, Per Report
Lululemon acquired Mirror for $500 million in June 2020 amid the at-home fitness boom, but the deal has proved to be a flop.
