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The Motionsoft Technology Summit will again provide a collaborate learning venue for technology and marketing C-level executives to assist them in the critical role they now play in a health club's success. The sixth annual event occurs this year...
Technogym CEO Nerio Alessandri attributed the company's success to growth in key global markets, including China (26 percent sales growth), North America (19 percent growth) and Japan (16 percent growth).
Peerfit will leverage the investment from Virgo Investment Group to expand its offerings, according to a media release. This includes a pay-as-you-go subscription model for health club consumers, as well as its forthcoming Peerfit Move program for...
Amer Sports and its subsidiaries, which include Precor, would continue to operate as an independent entity after the sale is completed, according to Amer Sports CEO Heikki Takala, noting that the purchase would allow his company to take advantage...
Fitbit CEO James Park said he was proud of the company's overall 2018 performance and specifically lauded the 9 percent increase in its active user base. Year over year, Fitbit sold 200,000 more devices during the fourth quarter of 2018, while...
Bruce Cazenave resigned as CEO of Nautilus, effective March 1. The company has since appointed M. Carl Johnson III, chairman of Nautilus’ board of directors, as interim CEO and has enlisted the aid of an executive search firm to find a permanent...
Nautilus CEO Bruce Cazenave attributed the company's 2018 struggles to a 30 percent decline in direct segment sales. This decline is related to lower-than-expected sales for Nautilus' refreshed Max Trainer product line, which features its new Max...
The fourth quarter was Precor's most successful period of 2018 by a difference of €44.5 million ($50.13 million), due, in part, to the brand's recently struck vendor agreement with Planet Fitness.
The Life Fitness Division of Brunswick Corp. experienced a decline in fourth quarter revenue and a flat 2018, mostly due to a decrease in sales to value-orient health clubs, as Brunswick seeks to spin off the division into its own company.