The Peloton fine was the maximum
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January 10, 2023

News

Peloton Fined $19 Million by Consumer Product Safety Commission

The fine is one of the largest ever by the Consumer Product Safety Commission and relates to Peloton not reporting injuries sustained on its now-recalled Tread+ treadmills and the distribution of the product after the recall.

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Life Time Offers Peek at 2022 Revenue, Guidance for 2023

Revenue, adjusted EBITDA and net income for 2022 met or beat the company’s Nov. 9 guidance partially due to growth in membership dues and in-center revenues and lower real estate taxes after several sale-leaseback deals in 2022.

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Three Sales Strategies for the Best January Ever at Your Health Club

Rather than just expecting the January rush to put you on top this month, you need to prepare so you can have the best sales results ever this January.

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From Club Industry

2023: Trends Moving the Health and Wellness Industry into a Brighter Future

Club Industry called upon a range of industry leaders to gauge what they think the trends to watch will be in 2023. Download this free report to read the thoughts of leaders such as Karl Sanft, CEO of 24 Hour Fitness; Adam Sedlack, COO of UFC Gyms; Ben Midgley, CEO of Crunch Franchising; Lindsay Vastola, founder of Vast Potential; Sandy Wiedmeyer, operations superintendent at RecPlex; Ronn McMahon, president CEO of Greater Wichita (Kansas) YMCA, and more.

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U.S. Health Club Financial Review: 2019-2021

Before the fitness industry looks at how it performed in 2022, Club Industry gathered data on how the industry performed during the heart of the COVID-19 pandemic and all its restrictions from 2019-2021. Companies such as Life Time, LA Fitness, Planet Fitness, Xponential Fitness, the Bay Clubs, Orangetheory Fitness and others are included.

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