Finance

Man and woman walking great outdoors

Enjoying the Great Outdoors Just Got Better with Strava’s Latest Purchase, FATMAP

With the most noteworthy feature being cellular network-less usage, FATMAP is expected to offer even more options after acquisition by Strava

Man using Hydrow rower

Hydrow Hit with Layoffs (Again) & Membership Price Increase Announced

Hydrow, which has never once raised the monthly membership fee, has announced the price increase from $38 to $44 in the US for new members.

Freshly products

Freshly Goes Stale: Nestlé-Acquired Meal Delivery Service Ceases Operations

Freshly is closing operations because its circumstances have changed, much like Peloton and other at-home fitness companies.

Nerio Alessandri smiling

Despite Diversification of Investments, Owner Nerio Alessandri Says Commitment is ‘100% Technogym’

Technogym billionaire owner Nerio Alessandri also has investments in finance, food, technology, and real estate through Wellness Holding.

Monty Sharma and Ben Nazarian

Therabody Appoints Monty Sharma as Chief Executive Officer

Monty Sharma doubled sales & tripled earnings in under three years at both Naked Juice & Atkins, also helping in selling the former to Pepsi.

Leslie Berland smiling

Peloton Brings On Leslie Berland as Chief Marketing Officer

Leslie Berland will begin her new position at Peloton effective January 18 and will be based in New York City.

Woman and man playing pickleball

Life Time Reports Preliminary Financial Results

Life Time reports $2.2 - $2.3 billion in financial revenue, expecting growth to be driven by pricing, 'continued ramping of mature clubs,'...

US soldiers

Layoffs Hit Whoop Unite, Whoop’s B2B Corporate Health Solution

The Whoop Unite B2B solution serves 200+ organizations, including US Air Force, US Forest Service, US Coast Guard, & Boston College.

Planet Fitness Waycross Mall, GA.

Planet Fitness Highlights Growth, Adding 1.8M Members

Planet Fitness attributed its growth to installation of fitness equipment in 154 new franchised locations, and 158 new gyms.

Xponential Fitness Enters 2023 ‘Fully Energized,’ says CEO, Providing 2022 Operating Highlights

In 2022, the typical Xponential Fitness consumers were women aged 20-60, holding a Bachelor's degree, and earing around $130k per year.