Finance

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Consumers Surveyed Would Prioritize Health and Wellness Spending During a Recession

In the health and wellness spending survey, most said that cutting back on well-being services would cost them more in the long term.

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Cindy Crawford–backed Katalyst Closes Series A Funding Round at $26 Million

The Katalyst Series A investors include Cindy Crawford & husband Rande Gerber, Incisive Ventures, Unlock Venture Partners, & Robert Nelsen.

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Peloton’s Race Against the Clock: 500 More Jobs Cut as CEO Gives Fitness Brand a Deadline

While the six months deadline may be the last chance, the CEO tells the WSJ that numbers reveal that Peloton is beginning to change course.

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F45 Training Receives Unsolicited $385M Bid from Kennedy Lewis Management Seeking to Take it Private

F45 Training is reportedly forming a special committee to review the offer from Kennedy Lewis Investment Management.

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Peloton Partners with Dick’s Sporting Goods to Sell Fitness Equipment, Signaling ‘Next Phase of Transformation Journey’

Peloton original Bike, Bike+, Tread, Guide, & select accessories will be available at Dick's Sporting Goods.

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NFL Announces Apple Music as the New Super Bowl Halftime Show Partner

The Apple Music & NFL partnership for the Super Bowl Halftime Show represents the tech giant's commitment to investing in sports.

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Health Coach Mission: Dr. Sears Wellness Institute Acquired by the American Council on Exercise

With the acquisition of Dr. Sears Wellness Institute, the ACE will nearly double its active certified health coach workforce.

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Nautilus Announces Strategic Review As It Considers Selling Itself

Nautilus clarifies that it cannot assure that the review will result in any transaction or other strategic change, however.

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The Personal Health Investment Today (PHIT) Act is Seeking Passage

If passed, the PHIT act would let individuals to use up to $1K/year—up to $2K for families—to cover physical health-related activities.

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Peloton Head of Marketing Exits Connected Fitness Company

Now-former Peloton Head of Marketing Dara Treseder is going to work as Autodesk's chief marketing officer.