Finance

Two men cycling with Zwift

Zwift Co-Founder & Co-CEO Looks to Attract New Subscribers, Suggests Upcoming Membership Fee Increase

Zwift co-founder & co-CEO confirmed that the company is exploring locked annual memberships and isn’t currently profitable.

Man using Tonal Trainer device

Tonal Raises $500 for Trainer, Sets Date for Membership Cost Hike While Highlighting ‘Incredible Value’

Justifying the price increase, Tonal compares its fitness offerings to the cost of a monthly gym membership & weekly personal training session

A man and a woman shaking hands

Layoffs Hit Gymshark, 65 Positions Eliminated at North American Office

Gymshark says the layoffs are meant to centralize the company operations and safeguard the future of the business.

Peloton Q2 2023 earnings call message

Inside Peloton Q2 2023 Earnings Call: The Comeback Story is Underway

In the Peloton Q2 2023 earnings call, CEO McCarthy saluted trainers & community, declared layoffs are over, said global growth will be...

Impossible Foods burger

Impossible Foods Reportedly Preps for Layoffs

The possible Impossible Foods layoffs could impact more than 100 employees of the California-based company.

Woman using Peloton

Peloton Spins into February with Love Letter to Investors – ‘Imagine what’s possible,’ Says CEO

Peloton reported February 1st that it has generated more revenue from subscriptions than hardware sales, a trend that will likely continue.

F45 trainers

F45 Releases New Brand Campaign to Invite Potential New Community Members

F45 investor and Hollywood actor Mark Wahlberg could be seen in another advertorial video of the brand in the future.

A Planet Fitness front

Acquisition Alert: Taymax Group Holdings Acquires Saber Fitness, Planet Fitness Operator

The move to acquire Saber Fitness is Taymax's fifth acquisition since receiving a growth investment from Trilantic North America in 2018.

Man using Tonal smart home gym

Tonal Employees Take to LinkedIn to Report Second Round of Layoffs as Smart Home Gym Raises Prices

Tonal employees reporting layoffs on LinkedIn include a data science expert, a design director, a failure analysis engineer, & an associate..

Fitness CEOs at the Summit by BFS 2022

Boutique Fitness Solutions Joining Forces with IDEA, IHRSA

The BRS @ IHRSA event will be part of the latter's event, while Boutique Fitness Solutions will partner with the IDEA Club and Studio Summit.