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Connected Fitness news
35
24 May 2024
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 basis points over the ... More
08 May 2024
Peloton Interactive Inc is believed to be working to get its costs under control in a bid to align with the expectations of private equity ... More
19 Jan 2024
Egym has signalled its intention to become a major global player in the health club equipment space, signing up former CEOs of Life Fitness and ... More
14 Nov 2023
Connected fitness equipment supplier, Echelon Fitness, has signed a multi-year deal with Run Disney, the road race division of Disney Sports Enterprises. The Run Disney ... More
12 Oct 2023
Interactive Strength, maker of fitness screen FORME, has revealed plans to acquire vertical climber brand CLMBR for an undisclosed sum. The move is part of ... More
26 Sep 2022
Upmarket London hotel Claridge’s has opened the doors to a brand new subterranean spa retreat as part of a seven-year property-wide overhaul. Found three floors ... More
06 May 2022
Altis, an artificial intelligence-based personal trainer solution, has secured more than US$3m worth of financing, bringing the total investments made in the fit tech brand ... More
25 Apr 2022
Core Health & Fitness has acquired Digital fitness content provider, Wexer Holding, for an undisclosed sum. According to Wexer, the deal will provide it with ... More
11 Apr 2022
Cross-platform fit tech business Fiit, has hit a £1 million crowdfunding target in seven days. Over 1,000 investors have already supported the company’s ambitions on ... More
20 Jan 2022
Hybrid fitness platform FitLab has closed its Series A financing, bringing total capital raised to more than US$15m. FitLab will use the funding to scale ... More
20 Sep 2021
Peloton has completed the merging of its commercial operations with Precor, the equipment brand it acquired earlier this year. The new, expanded Peloton Commercial division ... More
14 Sep 2021
Fitness equipment giant Nautilus has acquired VAY, a firm specialising in AI and motion technology. Based in Switzerland, VAY’s proprietary technology enables computers to understand ... More
27 Aug 2021
Shares in Peloton have fallen after the company revealed fourth-quarter losses. It also said that tactical changes to the business will hit profits until 2023. ... More
13 Jul 2021
Digital fitness coaching firm Asensei has released an API platform which allows developers of connected fitness products and apps to add motion capture and real-time ... More
23 Jun 2021
Forme has signed an exclusive partnership with boutique fitness operator Barry's, the latest sign of the blurring of boundaries between the at-gym and at-home fitness ... More
22 Jun 2021
Peloton is expanding its reach within the online fitness market with the launch of a new Corporate Wellness platform. The service will be made available ... More
05 May 2021
Peloton is recalling all of its Tread and Tread+ machines in the US, after striking a deal with the US Consumer Product Safety Commission (CPSC). ... More
03 Apr 2021
At-home fitness giant Peloton has officially completed the acquisition of equipment provider Precor, in a deal worth US$420m. Precor will now become a division of ... More
22 Dec 2020
In a surprise move, Peloton – which finished its last financial quarter with US$2bn cash in the bank – has announced it's purchasing commercial fitness ... More
29 Oct 2020
Fitness tech firm JaxJox will accelerate the launch of its connected home fitness solution, InteractiveStudio, following a cash injection of US$10m through Series A funding. ... More
07 Jul 2020
Fitness equipment firm Nautilus Inc is looking for a buyer for its commercial equipment brand Octane Fitness – less than five years after acquiring it. ... More
28 Dec 2019
At-home fitness company Echelon Fitness has signed a partnership deal with interior and product designer Eric Villency. The deal will see the Villency Design Group ... More
18 Dec 2019
Interactive fitness streaming platform iFit has raised a US$200m warchest in order to accelerate its growth plans in the connected fitness sector. The growth equity ... More
29 Jul 2019
Private equity firm North Castle Partners has taken a stake in at-home fitness and indoor cycling specialist Echelon Fitness. The undisclosed investment will be used ... More
04 Apr 2019
The on-demand fitness sector has a new player, following the launch of 1FitLife. The brainchild of industry veteran and entrepreneur David Langridge – a former ... More
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