News | By Pamela Kufahl, Content Director SoulCycle will close 20 studios and lay off about 75 people while Peloton will lay off about 780 people, increase the price on its Bike+ and Tread, close some retail locations and ask remaining workers to return to the office. read more |
| | Momentum continues for Xponential Fitness with a 66 percent increase in revenue and a 112 percent increase in adjusted EBITDA year-over-year. read more |
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| | F45 Training, which has been a publicly traded company for a year, now anticipates 2022 revenue of $120 million to $130 million rather than its former expectation of $255 million to $275 million. read more |
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From Club Industry | | Find out more about the most influential gathering for the fitness and wellness industry. Focused on education to help you grow your business, the Club Industry Executive Summit is for owners and the top executives at commercial clubs, studios, not-for-profit organizations, university rec centers and medical/wellness facilities. The event brings together executive leaders to network, discuss trends, share insights and address the unique issues the industry faces today. read more |
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| | Club Industry’s latest free report shares insights from some technology experts and industry suppliers about how technology is revolutionizing the fitness business. read more |
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In Brief |
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