Finance
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.'
Peloton Strategizes as It Announces Selling $1B Shares
The sale of Peloton's Class A common shares will net company approx. $1.07b, & will increase cash flow to compensate for its recent troubles.
Hyperice adds Athlete Investors
Existing investors in Hyperice are Naomi Osaka, Seth Curry, Anthony Davis, Rickie Fowler, DeAndre Jordan, Jarvis Landry, and Patrick Mahomes.
SPAC Speculation Continues for Equinox
Equinox was reportedly in recent talks for an IPO via a merger with the SPAC Ares Acquisition Corporation.
