Finance
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.