News By Club Industry staff In addition to reporting revenue of $50 million in the first quarter, the franchisor launched two new programs to help provide funding for potential franchisees. read more |
| Xponential Fitness CEO Anthony Geisler credited the company’s first quarter success to its differentiated portfolio of 10 complementary studio brands and modalities as well as its size and its shared services platform. The company not only increased revenue 73 percent to $50.4 million, but its North American system-wide sales grew 70 percent to $224.5 million. read more |
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| The hosted buyer event Sibec North America, held May 9-12 in Coronado, California, was at capacity facilitating almost 2,000 one-on-one meetings in two days. read more |
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| As part of the settlement, iFIT will remove certain on-demand leaderboard technology from its products and Peloto will license certain iFIT patents relating to remote control technology. read more |
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From Club Industry | Club Industry’s latest free report brings to you a collection of industry leaders who are sharing their thoughts on the trends they see in place in 2022 and how those will impact the industry and your business. read more |
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| Club industry has committed to helping to move forward the discussion on diversity, equity and inclusion in the fitness industry. In this ongoing series, people within the industry are sharing their experiences as people of color and as companies committed to DEI. read more |
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In Brief | |