Finance

ABC Fitness Acquires FitnessBI

ABC Fitness Solutions Acquires FitnessBI

The acquisition allows ABC Fitness Solutions, a partner to gym owners since 1981, to enter the sector of 'data warehouse as a service.'

planet-fitness-expansion-news

Planet Fitness Expansion Occurring Despite Pandemic

Despite the pandemic, Planet Fitness hopes for further expansion with 100 new locations next year by appealing to the sometimes exerciser.

Tonal-raises-250m

Tonal Becomes Unicorn With Another $250M Raised

Tonal said it'll use the funds on marketing & creating content for its streaming workout channel to meet the swell of demand.

Motosumo-experience

Motosumo Attracting Investors With Peloton-Like Biking

Investors in Motosumo include Danish-based Promentum Equity Partners & PreSeed Ventures, and London-based Magenta Partners.

Andy Stenzler- Rumble

Xponential Fitness Acquires Rumble Helping Expand Brand’s Footprint

Xponential Fitness known for building innovative boutique fitness brands spanning across fitness and wellness verticals announced their acquisition of Rumble today.

Peloton-technology-acquisitions-news

Peloton Technology Likely to Improve With 3 Acquisitions

For a total of $78.1m, Peloton has purchased three small technology firms specializing in voice recognition, wearable devices & interactive workout mats.

American-Rescue-Plan-no-funds-for-gym-news

American Rescue Plan: No Funds for Gyms

A proposed $30b recovery fund for the fitness industry is not part of the $1.9 trillion American Rescue Plan that the president signed.

fitness-ip-protection-tips-news

Fitness IP Legal Expert: Protect, Build, Be Aware

Scott Sisun, Athletech News’s intellectual property ('IP') law legal expert, outlines an IP checklist to help you protect a fitness business.

us-fitness-industry-2020-revenue-news

US Fitness Industry Lost 58% Revenue in 2020

US fitness industry profits shrunk from $35b to $15b from 2019 to 2020, leading to loss of 1.8m jobs and closures of 17 percent of gyms.

adidas-peloton

Adidas and Peloton Announce Partnership

No details on fitness’s hottest name & the time-tested shoe giant's collab, but will Adidas take over the Peloton clothing & accessory shop?