Peloton says Precor had been for sale but is no longer
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February 02, 2023

News

Peloton’s Losses Decrease in Q2 2023, Confirms Precor Had Been for Sale

In a letter to shareholders upon the release of second quarter 2023 financials, Peloton CEO Barry McCarthy said Peloton is now investing in Precor and no longer plans to sell it.

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RSG Group Honors Rainer Schaller By Placing His Photo on Gold's Gym Legacy Wall

Rainer Schaller, who died in a plane crash in October, had been inspired to open his first club in 1997 by Gold's Gym, and in 2020, his company RSG Group bought Gold's Gym out of bankruptcy. His picture now hangs on the Legacy Wall at the original Gold's Gym location in Venice, California.

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2023 Wellness Trends Are More Social and Sensory

The Global Wellness Summit released 12 wellness trends for 2023, compiled after discussions with hundreds of wellness experts.

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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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