Finance
Peloton hits record, and chart indicates another 28% rally ahead
Peloton keeps pedaling higher: Its shares were up 3.5% in Wednesday’s premarket. The exercise bike maker’s stock has rallied more […]
Nike Is a Winner as Virus Brings Focus on Wellness, Analyst Says
Amid the global pandemic, one silver lining may be consumers’ desire to refocus on health and wellness. For many people, […]
GNC files for bankruptcy and will close up to 1,200 stores
GNC has filed for bankruptcy, warning it will close up to a quarter of its stores and search for a […]
Tilton Fitness to Close Permanently July 1 Amid COVID-19 Pandemic
Tilton Fitness, powered by Hackensack Meridian Health, announced Wednesday it will close its doors on Wednesday, July 1, citing the […]
Wahlberg-Backed F45 Is Said to Be in Crescent Merger Talks
F45 Training, a provider of group fitness classes backed by Mark Wahlberg, is in talks to go public by merging […]
Fitness Clubs Facing $10 Billion Revenue Hit as Members Flee
Fitness clubs rocked by Covid-19 closures face a swell of bankruptcies with more than $10 billion of revenue wiped out […]
Australian Regulator Says Google’s $2.1 billion Fitbit Deal Could Harm Competition
Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit <FIT.N> may give it too much […]
Industry Sees Some Positive Movement on Sales and Return to Activity, Amid Ongoing COVID Challenges
May 2020 Survey Analyzes Industry Response to COVID-19 Environment The Sports & Fitness Industry Association (SFIA) released the 2nd edition […]
The Queen of Quarantine: How Grace Beverley Built an At-Home Fitness Empire
Once best known as one of the UK’s biggest fitness YouTubers, the 23-year-old is reshaping her image from influencer to […]
NFL Star Aaron Rodgers’ VC Fund Invests in Hydrow’s $25M Funding Round
Hydrow, the Live Outdoor Reality™ (LOR) rower, today announced it has secured $25 million in financing led by L Catterton, […]