Finance
Life Time Generates $200 Million With Another Sale-Leaseback Close
This brings the Life Time sale-leaseback proceeds to $375 million in total so far, with more transactions of $300m expected at year's end.
SoulCycle Changed Instructor Salary and Closed 20 Studios in August
SoulCycle has been vocal that the instructor salary will continue to be paid at premium, & the change merely rebalances the pay structure.
Finding Calm in Chaos: CBD Brand TRIP Raises 12 Million USD
TRIP, which does not provide a high, will use the 12 million USD raised to support its continued expansion in the US and globally.
Resolution Row: Hydrow Announces Settlement of Lawsuit Against iFIT
In the settlement with Hydrow, iFIT has agreed to redesign certain aspects of the rowers named in the lawsuit.
Therabody Launches New Innovations and Closes its $165 Million Growth Equity Round
The eight new product launches & growth equity round make just the latest in what has been an impressive and innovative year for Therabody.
CEO Corner: Randy Hetrick and Jack Daly on Rebuilding TRX
Athletech News speaks with former TRX CEO Randy Hetrick and present CEO Jack Daly about the future of the company and the industry.
Peloton Announces Resignations of Co-founders John Foley & Hisao Kushi
'We are indebted to them for their countless contributions,' Peloton CEO Barry McCarthy said of the departure of the co-founders.
Behind the Deal: ABC Fitness Continues its ‘Build, Buy, Partner’ Growth Plan with Glofox
Glofox CEO Conor O'Loughlin and ABC Fitness Solutions CEO Bill Davis speak with Athletech News about the recently announced acquisition
Venturerock Elects to Invest $75 Million For the Advancement of Sports Technology
Venturerock partner and founder Danny Cortenraede explains to Athletech News why his company’s latest endeavor holds so much importance.
Lululemon Announces Q2 2022 Earnings
Key takeaways from the Lululemon Q2 2022 earnings call include strong demand, improved supply chain & inventory, the play strategy, and...
