Finance
Peloton Sales Down in UK, But Subscription Revenue Grows
Peloton is continuing to add members in the U.K., which bodes well for the connected fitness company's international expansion plans.
Atlanta Hawks Invest in Arena, an AI-Powered Portable Strength-Training Platform
Hawks Ventures, the new venture capital arm of the Atlanta Hawks, has selected fit tech startup Arena as its first investment partner.
Men’s Activewear Brand Ten Thousand Raises $21M, Partners With Life Time
Ten Thousand, a menswear-focused training apparel company, impressively achieved profitability during the pandemic in April 2020.
Nautilus Plans To Raise $5M in Latest Move To Boost Cash Balance
Nautilus will sell over 4 million shares of its common stock or common stock equivalents to an institutional investor.
Xponential CEO Not Worried About Recession Fears: ‘Our Consumer Is Resilient’
Anthony Geisler said Xponential is well-positioned to thrive post-pandemic, highlighting the brand's ability to grow during COVID.
Lululemon Sees Sales Jump 24%, Fueled By China Growth
Lululemon reported particularly strong sales growth internationally, including greater China, where the brand is increasing its marketing.
Embr Labs Raises $35M in Debt Financing for Menopause Wristband
The Embr Wave wristband delivers cooling or warming sensations for instant relief from hot flashes caused by menopause.
Life Time Refinances Loan, Makes Progress on Sale-Leaseback Goal
Life Time Fitness completed the refinancing of its $274 million Term Loan B facility and closed a sale-leaseback deal for $45 million.
Vitamin Shoppe Parent Co. Going Private in $2.6B Management Buyout
The Franchise Group says going private will help the parent company of The Vitamin Shoppe navigate a challenging economic environment.
Oura Buys Digital ID Startup Proxy, Bringing New Features to the Smart Ring
Oura will integrate digital identity technology from Proxy into its smart rings, bringing opportunities such as payments and security.
