News, Media & Spotlights
November Headlines Spotlight
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Function Health raises $298M at $2.5B valuation, to power AI health features and lower pricing of annual membership
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SKIMS, a shapewear and apparel brand from Kim Kardashian, raised $225M in a round led by Goldman Sachs Alternatives, reaching a $5B valuation.
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Spanish gym chain Synergym secured €50M ($57.9M) in syndicated financing.
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London-born TRIP, maker of calming beverages and supplements, secured $40M at a $300M+ valuation.
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Champneys secures £32M for refurbishment and growth from investment partner Cheyne Capital
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VASA Fitness announces $30M investment to elevate member experience across 64 locations
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Lumia raises $7M, launches blood-flow tracking smart earrings
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HVLP operator EōS Fitness acquired 23 Gold’s Gym locations in Southern California.
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Bay Club expands Greater Seattle campus with acquisition of Arena Sports
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GoSaga acquires Squeeze Massage, adding to growing wellness portfolio
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Purpose Brands announces expansion of Anytime Fitness into Kingdom of Saudi Arabia (KSA), welcomes experienced franchise ownership group ABFit as master franchisee
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Crunch Fitness opens their first gym in India, as their master franchisee gets off and running
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FS8 to launch 11 new European sites in the next six months
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Red Sea Global announces the opening of AMAALA: the world’s new coastal lifestyle destination
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GWI announce the growing 'Wellness Economy' is set to become a new global powerhouse worth $7.9 Trillion
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Telehealth giant Hims & Hers introduced Labs, a new diagnostics layer offering up to 120 biomarker tests through Quest’s 2K+ sites
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Therme Group awarded tender by Singapore to build Asia’s first state-of-the-art wellbeing destination
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WHOOP eyes IPO and advances into glucose monitoring
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Purpose Brands announces grand opening of first Anytime Fitness Club in Dubai, coinciding with Dubai fitness challenge wellness campaign
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EGYM opens Denver HQ to power US expansion.
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iFIT’s NordicTrack enters pilates with Ultra Reformer Series
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Planet Fitness opens 100th Gym in Los Angeles
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Life Time expands CTR reformer workout nationwide amid soaring demand
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Myzone spearheads Motivation Technology (MoTech) and launches Myzone Go – a solution informed by behavioural science to drive member retention
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Fiit reveals the success of its One Fiit B2B platform that's delivering Hyrox group exercise classes
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Equinox launches Women’s Health Program, EQX ARC, a new personalized performance program built for women.
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JD Gyms hits 100 site milestone
SOURCE: These headlines are sourced from media websites such as Athletech News, Australasian Leisure Management, Fitt Insider, HCM, Leisure Opportunities, Spa Business and others.
Industry Spotlight
The role of the Health and Fitness Industry in Kuwait: A Key Player in Public Health
Samuel Tan
CEO, MOVE Private Fitness
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