Finance
Start-up to Unicorn Status: Gympass Acquires Trainiac
With Trainiac by Gympass, members will be paired with a certified coach who will help them create a custom fitness program and...
Lululemon Shares Reflect Mirror’s Sluggish Outlook
Lululemon's CEO, Calvin McDonald, shared that Mirror represents less than 3% of the company's revenue this year.
‘Sex and the City’ Reboot Kills Character…& Peloton Shares
Along with approval of fitness bike, Peloton also signed off on a cameo of its own cycling coach, Jess King, in the Sex and the City reboot.
Hitting the Trails with $150M: AllTrails Gets Sizable Investment
AllTrails will use the investment money from global private equity firm Permira to accelerate product development & international expansion.
Gymshark IPO? Not Quite Yet, Says CEO
Aside from squashing the IPO anticipation, Gymshark is set to open its first retail location in London on Regent Street.
Impossible Foods Secures $500M, in Talks for IPO
Impossible Foods has raised nearly $2 billion since 2011 and is reportedly in talks for IPO. The company could be valued $10 billion or...
Peloton Sues Competitors iFit and Echelon
Peloton alleges that iFit and Echelon have profited from its technology, such as same leaderboards & live class participation format.
Strength Training Fitness App Ladder Raises $6.5M
Strength training app Ladder prides itself on attracting fitness buffs who thrive with a routine but lack time to plan daily workouts.
Sweetgreen Stock Soars on Debut
Sweetgreen's stock market victory comes at a time when over 10% of restaurants have permanently closed last year.
Beachbody Shares Drop After Q3 Results
Before the drop in shares, Beachbody reported that sales were down 17%, with CEO Carl Daikeler calling the results 'unacceptable.'