Finance
‘Bully’ Peloton Faces New Threat to Its Patents From Echelon
Echelon files petitions seeking to invalidate Peloton patents Peloton enjoying a moment as house-bound fan base increases Peloton Interactive Inc., […]
Nautilus, Inc. Explores Options to Sell Octane Fitness
Driven by strategic decision to refocus on the home fitness market Company has retained investment banker, William Blair, to facilitate […]
Gyms Plan Class-Action Suit Against NY over Coronavirus Reopening Plans
‘We deserve the opportunity to open up under the CDC guidelines set forth,’ said SC Fitness owner Charlie Cassara The New York […]
Google’s Fitbit Takeover Probed by EU Regulators
The EU is questioning whether Google’s proposed takeover of Fitbit will harm competition, or give it access to too much […]
Mirror Wanted to Be the Next iPhone. Instead, It’s Selling to Lululemon.
Why would the startup sell for $500 million when sales were booming in the middle of a pandemic? Putnam’s Mirror, […]
Planet Fitness Charged People Its Yearly Fee Even Though the Gym Was Closed for Months
It’s the start of the month which means a lot of things for people paying their own bills. It’s payday […]
Lululemon Looks Into the Mirror for Its Next Chapter
Lululemon Athletica Inc. is stretching itself into a new area of business. The seller of yoga pants and other workout apparel […]
Garmin acquires analytics company behind its smartwatches’ fitness, health tracking features
Firstbeat Analytics provides software that helps monitor stress, sleep, respiration rate and more for Garmin and other consumer smartwatch makers. […]
Lululemon Athletica Inc. to Acquire Home Fitness Innovator MIRROR
Acquisition will advance lululemon’s strategic vision by strengthening its omni guest experiences through digital sweat Lululemon Athletica Inc. (NASDAQ:LULU) today […]
Nike Announces Likely Job Cuts, $790 Million Loss (UPDATE)
Nike CEO John Donahoe announced in a company-wide email on Thursday that the brand will soon be “forced to make […]
