ŌURA Raises $200M, Valuation Hits $5.2B
ŌURA raises $200M in Series D funding, boosting its valuation to $5.2B. Discover how the smart ring leader plans to expand globally and innovate with AI.
Blink Fitness Files for Chapter 11, Initiates Strategic Sale Process
Blink Fitness files for Chapter 11 bankruptcy to optimize operations and pursue a strategic sale while continuing to provide high-quality fitness experiences. Learn more about their next steps.
Planet Fitness Unveils Growth Strategy and Financial Performance for Recent Quarter
Explore the latest financial achievements of Planet Fitness as it surpasses expectations with increased net income and strategic growth among Gen Z members. Learn about their innovative New Growth Model aimed at enhancing franchise flexibility and long-term sustainability.
Challenges Intensify for BowFlex Amidst Financial Uncertainty
Dive into the recent developments surrounding BowFlex's financial struggles and strategic efforts to stay afloat in the competitive fitness equipment market. Uncover how changing consumer preferences and market conditions are shaping the future of the industry and what lies ahead for BowFlex.
Peloton Warns of Lower Sales, Shares Take a Hit
Discover insights on Peloton's recent stock plunge following its revised revenue forecast and anticipated quarterly loss. Learn how strategic shifts and partnerships aim to navigate the fitness giant through a volatile market, underscoring Peloton's resilience in the evolving wellness landscape.
From Nautilus to BowFlex: A Strategic Rebranding
Nautilus, Inc. reveals plans for a corporate name change to BowFlex Inc., reflecting its dedication to the renowned Bowflex brand and its commitment to the North Star growth strategy. The change, effective November 1, 2023, comes after the sale of Nautilus brand trademark assets. The company remains focused on delivering connected fitness solutions and inspiring individualized fitness experiences.
Peloton Faces Challenges Amidst Recall and Seasonal Shifts
Discover the latest developments in Peloton's business performance, including seasonal shifts and challenges such as a seat post recall. Explore the company's strategies to navigate these obstacles, achieve positive free cash flow, and foster growth through innovative initiatives and partnerships. Gain insights into Peloton's proactive approach to address setbacks while remaining focused on sustainable and profitable expansion in the dynamic fitness industry.
Planet Fitness Reports Q2 2023 Financial Results
Planet Fitness announces Q2 2023 financial results, highlighting growth in revenue, same-store sales, and net income. Despite external challenges, the company remains committed to its inclusive fitness approach. Learn more about their strong performance and adjusted growth outlook.