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This Week in Fitness: 21st February-6th March

fitness-industry-news

Global Talent Solutions (GTS) Places Krysta Brown as VP of Digital and Analytics for Xponential Fitness, Lululemon is poised to beat earnings again and the next fitness industry disrupter could be healthcare.

Global Talent Solutions (GTS) Places Krysta Brown as VP of Digital and Analytics for Xponential Fitness

Brown’s Appointment Marks the Latest in 43+ High-Level Placements by Global Talent Solutions (GTS) for the Boutique Fitness Curator

LAGUNA HILLS, Calif., March 3, 2020 /PRNewswire/ — Global Talent Solutions (GTS), the premier executive search, recruitment and talent acquisition partner to the franchise industry, announced today that it has placed Krysta Brown as the Vice President of Digital and Analytics for Xponential Fitness, the largest boutique fitness franchisor in the world.  

Via Yahoo Finance. Read full article here.

He Built A Million-Dollar, One-Man Fitness Business. Now He’s Turning It Into A Tech Company

Nick Shaw, a competitive powerlifter and bodybuilder, created a million-dollar, one-man business built around automatically recurring revenue at Renaissance Periodization, his fitness training and diet services business in Charlotte, N.C. 

Since I last spoke to him for Forbes, he’s gone into growth mode at the seven-year-old business and has ventured into app development. His fitness and diet app RP Diet has logged more than 200,000 installs on Google Play and the iTunes store since it was released in April. 

Via Forbes. Read full article here.

The Next Fitness Industry Disrupter Could Be Healthcare

The fitness industry is on the doorstep of the next disruptive business model. That model involves the integration of healthcare, but whether club owners can step across that threshold depends upon technology being available to integrate payers, medical providers and clubs.

Imagine this: Your member walks through the doors of your health club. They see a door to a 120-square-foot medical clinic to the right where labs can be drawn, biometric testing can be done and the physicians in the clinic can recommend they sign up for personal training to help them lose weight and lower their blood pressure. 

Via Club Industry. Read full article here.

Why Lululemon is Poised to Beat Earnings Estimates Again

This athletic apparel maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 5.55%.

For the most recent quarter, Lululemon was expected to post earnings of $0.93 per share, but it reported $0.96 per share instead, representing a surprise of 3.23%. For the previous quarter, the consensus estimate was $0.89 per share, while it actually produced $0.96 per share, a surprise of 7.87%.

Tempo Reveals $17M-funded $2000 Weight Lift Training Screen

Tempo wants to be the Peloton of barbells. It’s a 42-inch tall screen with 3D machine vision that tracks and teaches you as you workout. The giant upright HD display makes it feel like your personal trainer is right there with you while you compete with others in live and on-demand classes.

Tempo’s Microsoft Kinect-esque motion sensors scan you 30 times per second and notify you if your form is wrong. It’s all housed in a sleekly designed free-standing cabinet that neatly stores the included barbells, dumbbells, attachable weights, workout mat, recovery foam roller, and heartrate monitor.

Via TechCrunch. Read full article here.

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Lucy Connor
Content Marketing Executive
BIO

Lucy Connor is the content marketing executive at ABC Glofox. She works with industry leaders to provide unique insights into the world of fitness management.

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We empower you to boost your business

"I think Glofox speaks to lots of different fitness businesses. I looked at a few options, but the Glofox positioning was more flexible. Without it the business wouldn't be scaleable”
Mehdi-Elaichouni
Mehdi Elaichouni
Owner at Carpe Diem BJJ

Trusted by studios, and global gym chains.

  • flydown-9round
  • flydown-f45
  • flydown-snap-fitness
  • flydown-BMF
  • row-house
  • flydown-spartans