Finance
Precor to Close NC Plant, Laying Off 123 Employees
The closure of the Precor plant on Millstream Road, Whitsett, Guilford County, NC is part of a corporate restructuring by Peloton.
Climate-Friendly Crackers: Patagonia Provisions Acquires Moonshot, Organic Cracker Brand
Patagonia Provisions will be incorporating into itself Planet Forward, Inc. brand Moonshot and its climate-friendly business model.
Health Data Game Changer: LexisNexis Risk Solutions Enters Agreement to Acquire Human API
LexisNexis Risk Solutions notes that completion of the deal to buy Human API is subject to customary conditions, however.
TRX Relocates Global Headquarters to Delray Beach, Florida, Continues to Revitalize Company
The move to Delray Beach, Florida is part of the 'dramatic revitalization' of TRX after the re-acquisition by the former & new CEOs.
Life Time Fitness Reports Revenue Increase of 38% in 2022; CEO Says ‘brand and business model has never been in a better shape’
The center memberships for Life Time Fitness also increased 12 percent, ending 2022 with more than 725,000 members.
Major Rebrand: Beachbody Transforms to BODi, Announces Q4 2022 Results
BODi CEO Carl Daikeler tells Athletech News his company is dedicated to helping everyone achieve their version of a healthy fulfilling life.
Quell Raises $10M in Series A in its Mission to Turn Your Workout into an Adventure
The Quell Series A funding round was led by Tencent, with other investors including entrepreneur Naval Ravikant, Khosla Ventures,...
Fizzy Drinks for Good: Remedy Drinks Closes Series B Funding Round, Appoints Sales Leader to Accelerate Global Growth
Remedy Drinks says the Series B funding will be used to focus on global retail growth via new distribution & retail takeaway.
The Healing Company Acquires Well-being Businesses of Deepak Chopra, Including Meditation App, Health Retreat
The Healing Company has acquired Chopra Global's products, meditation and well-being app, and licensed experiences.
Zwift Lays Off 15% of Workforce
Zwift conducted layoffs in 2022 as well. Sources suggested at the time that rougly 150 employees were let go.
