Finance
Gympass Worth $2.2 Billion Now
Investors increasing Gympass' worth were led by SoftBank and included General Atlantic, Moore Strategic Ventures, Kaszek...
iFIT Acquires Sweat, a Leading Digital Fitness App for Women
iFIT Health & Fitness Inc. (“iFIT”), a global leader in connected fitness software, content and equipment, today announced it has acquired Sweat, a leading platform for women's health and fitness.
FightCamp, Connected Fitness Leader, Raises $90 million from NEA, Left Lane, CAA, Mike Tyson, Floyd Mayweather, George St Pierre, Francis Ngannou, and More, to Bring Its Interactive Boxing and Kickboxing Gym to Masses
FightCamp, the at-home Boxing and Kickboxing leader in connected fitness, announced $90 million in funding backed by a group of celebrity investors and venture capitalists.
After the Pandemic Halted Original Plans, Xponential Fitness Files for IPO
Xponential Fitness, Inc., owner of franchised boutique fitness brands, filed on Friday with the SEC to raise an estimated $100 million.
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.
