SFIA Study Finds Americans Continuing Pandemic-Discovered Fitness Routines

The SFIA report lays out a detailed analysis of total and core participation rates for over 20 fitness activities, including data on age, cross-activity trends, aspirations to engage in different activities, and home versus club insights.

Transparency Market Research: Aqua Gym Equipment Market Set to Reach USD 781 Million with a Healthy 4% CAGR by 2031

The rising obesity across the world and other medical problems such as arthritis and joint issues in aging populations are some of the key driving factors for the aqua gym equipment market

Fitness & Sporting Equipment Industry Weekly News- W39 of 2023

1. Planet Fitness CEO Chris Rondeau Replaced by Craig Benson In a sudden shake-up, the Board of Directors at Planet Fitness has ousted CEO Chris Rondeau, replacing him with Craig Benson, a seasoned board member and business heavyweight. The decision is effective immediately, leaving many in the industry speculating about the reasons...

Expansion Strategy Focused on Profitability, Academy Sports CEO’s Speaking at Wells Fargo’s Sixth Annual Consumer Conference

Speaking at Wells Fargo’s Sixth Annual Consumer Conference, Academy Sports and Outdoors executives discussed the retail chain’s competitive advantages and how it reworked its expansion plans while rolling out an aggressive strategy.

Fitness Equipment Industry Weekly News – W38 of 2023

1. Dyaco buys Sweatband to create ‘global powerhouse’ for B2B and consumer fitness products Dyaco UK, a specialist in fitness equipment, has made a strategic move by acquiring the online fitness marketplace Sweatband.com. Founder Maz Darvish will continue as a shareholder in the merged entity while embarking on a new...

Lumin, Led by Industry Vets, Launches ‘World’s Smartest Fitness Studio

With its high-tech, low-labor model, Lumin Fitness points out that it can reduce overhead and HR needs as well as the risk of instructor favoritism. The model also allows operators to have classes all day.

Fitness Equipment Industry Weekly News – W37 of 2023

1. Peloton “instantly” kills man by severing artery, lawsuit claims The family of a 32-year-old New York man, Ryan Furtado, claims he died as a result of his Peloton exercise bike just six months after purchasing it. They filed a lawsuit alleging that while doing a “core” workout on the...

Basic Fit announces the opening of 22 gyms in a single day in Spain

Basic-Fit's facilities offer various training areas and state-of-the-art equipment, catering to the evolving needs and preferences of its customers. As the demand for fitness facilities continues to grow, Basic Fit strives to provide the best possible experience, ensuring a comfortable and safe environment for its patrons.

Fitness Equipment Industry Weekly News- W36 of 2023

This week's fitness equipment industry news highlights include Chris Hemsworth's Centr app launching fitness equipment, Anytime Fitness aiming for 10,000 global locations, Psycle's membership model and renewable energy studio, a decline in US consumer confidence, EoS Fitness's new Phoenix location, Academy Sports exceeding Q2 expectations, BH Fitness's new G788 treadmill,...

EōS Fitness Opens Doors to New Gym in Phoenix

EoS Fitness, the gym chain with a nationwide presence that originated in Arizona, has announced the opening of its latest facility in Phoenix, spanning 40,000 square feet. This new location is equipped with a wide range of cardio machines, state-of-the-art strength training equipment with smart technology, and various recovery options.

CAROL Indoor Smart Bike First to Introduce AI-Personalized REHIT Workouts

 The CAROL bike is scientifically proven to improve your VO2max by 12% in just 8 weeks, reducing the risk of mortality and morbidity.  VO2max measures the maximum amount of oxygen you can burn while working out: the fitter you are, the higher it will be. The AI personalization means the...