Sinenkiy | Istock | Getty Images What was supposed to be a form of entertainment, a way for military personnel to relax, turned into a disorder that would cost Yeager his career, his financial security and his family. “It went from having fun doing this to having to do it. It became an obsession for … Read more
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Miguel Loccisano | fake images The fitness industry appears to be headed for a strong holiday season, but not everyone will see a boost. The category has been on a rollercoaster ride for more than two years, with … Read more
Burn Rate: launch a startup and lose your mind Andy Dunn startup Bonobos was being courted for a takeover by the retail giant. walmart. It was an exciting process, but the co-founder and former CEO of the online menswear brand knew it was time to spill the beans about him: he had bipolar disorder. In … Read more
Hydrow, maker of a $2,500 connected rowing machine, said Thursday it has secured another $55 million in funding to fuel its growth as the home fitness industry takes a jolt as consumers return to gyms. after two years of Covid-related closures and restrictions. The Series D round brings its total funding to date to more … Read more
A user on a treadmill at a Planet Fitness gym. Source: Getty Images fitness planet is seeing more tweens and teens signing up for their first gym memberships during the coronavirus pandemic, helping fuel the company’s overall growth. When the gym operator reported fourth-quarter results Thursday, it said Generation Z, which represents people born between … Read more
platoon is temporarily halting production of its connected fitness products as consumer demand declines and the company seeks to rein in costs, according to internal documents obtained by CNBC. Peloton plans to pause bike production for two months, from February to March, documents show. It has already stopped production of its most expensive Bike+ in … Read more