Finance
Dick’s Sporting Goods Looks Ahead Focusing on Stores, Digital Experience, Personalization
Dick’s Sporting Goods is not only aggressively building new locations but also testing a line of House of Sport experiential stores.
Lululemon Revenue Increases by 88%
Lululemon's total revenue for 2020 was $4.4 billion and it has been solidly increasing since 2008. The company has been a...
Is Hydrow Really Worth $1B?
The rowing machine market continues to gain momentum with Bloomberg reporting that Hydrow is now targeting a valuation of more than $1 billion.
Vitamin Shoppe Franchising Opens For First Time
From a Vitamin Shoppe franchising point of view, it might appear to be a less-than-ideal point in the company’s history to set up a store...
The GYMS Act, the $30 Billion Relief Plan for U.S. Gyms and Fitness Studios Now Has Backers in the Senate
Senators Tammy Duckworth (D-IL) and Jerry Moran (R-KS) want gyms and fitness centers to have their own relief fund (The GYMS Act), similar to ones set aside for live entertainment venues and restaurants.
Peloton Output Park to Cost Approx. $400 Million
The Peloton Output Park, a million-square-foot facility, will add more than 2,000 jobs and start producing equipment in 2023.
Xponential Fitness Sues Insurance Firm for Not Reimbursing COVID-19 Losses
Xponential Fitness is suing the Arch Insurance Co. in a Missouri federal court, after the insurer denied COVID-19-related payouts.
On AG, Brainy Swiss Running Shoemaker Backed by Roger Federer, Plans an IPO
As it reportedly readies an IPO, the ever-growing cult Swiss shoemaker, On AG may be worth $4 to $6 billion.
Ergatta, Gaming Row Machine Maker, Valued at $200M
With a valuation of $200 million, the interest of frequent investors and big plans, Ergatta hopes to do for rowing what Peloton did for cycli
Peloton Delays the Relaunch of Its Less Expensive Treadmill As It Deals With Safety Concerns
In 2021, Peloton Hoped to Make Its Treadmills As Hot As Its Bicycles. Now It’s Recalling and Delaying Its Whole Treadmill Line
