Finance
Vagaro Reaches Unicorn Status
Vagaro says despite pandemic, it has helped clients achieve sales growth of 105+% in 2020 & sales are up approx. 15% more than pre-Covid-19.
Kobe Bryant Praised as Coca-Cola Acquires Bodyarmor
Bodyarmor will continue to be based in New York and managed separately within the Coca-Cola operating division with the new deal.
Planet Fitness Stock Surges
Planet Fitness stock soared, hitting an all-time high after strong third-quarter earnings & membership nearly returning to pre-COVID levels.
Peloton Forecast: Is the Company in for a Rough Ride?
In response to the holiday forecast, Peloton shares fell 25%. The company has revised its future expectations.
Meta to Acquire Within, a VR Company
Meta says popular & other-worldly fitness app Supernatural, developed by Within, will work independently & create additional VR experiences.
Breaking: THEMAGIC5 Swimming Goggles Create Bidding War on Shark Tank
Rasmus Barfred, one of the founders of THEMAGIC5, told Athletech News the Shark Tank experience was 'super overwhelming, but in a good way.'
Nautilus Adds Two Experts to Board; CEO Jim Barr Says They Bring Key Omnichannel & Digital Expertise
Speaking exclusively with Athletech News, Nautilus CEO Jim Barr said, '...[digital & omnichannel] ]are two key components of [company's]...
Vita Coco Hits Wall Street with IPO
Vita Coco had early big-name investors like Madonna, Matthew McConaughey, and Demi Moore, as coconut beverages became a health trend.
Equinox IPO: Fitness Company Rumored to Go Public
Equinox, which operates SoulCycle, Rumble, and Blink Fitness, is reportedly in talks for IPO via a merger with Ares Acquisition Corporation.
Body Fit Training is Now Owned by Xponential Fitness
In 2020, Body Fit Training received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown.
