Kayla Itsines and Tobi Pearce buy back Sweat from US owner after $200 million sale
Kayla Itsines and Tobi Pearce will once again lead the Sweat fitness empire they founded, after buying back the company they sold to US firm iFIT for millions.
Muscle Nation flexes Black Friday sales after 100,000 shoppers overrun website
An influx of Black Friday shoppers temporarily disabled the website of online fitness superstore Muscle Nation, CEO Nathaniel Anthony says, suggesting Australians are waiting for e-commerce deals in the middle of a cost-of-living crisis.
F45 will pull its shares from the NYSE — but there may be a silver lining
Australian-born gym chain F45 intends to delist its shares from the New York Stock Exchange, after what one market observer dubbed a "disaster" run for the company since its powerhouse IPO lifted the company a AU$2 billion valuation.
Protein ball pioneer Bounce Foods collapses into administration after $6 million US expansion leaves “heavy” debt burden
Australian snack food brand Bounce Foods has fallen into voluntary administration, after incurring significant debts from an unsuccessful foray into the American market.
Former F45 CEO Adam Gilchrist reportedly nixes social media accounts after a bruising financial update
F45 co-founder Adam Gilchrist appears to have kept a low profile since leaving the company last month, as the Australian-born fitness business fights back from a bruising financial report.
How a Gold Coast platform is using NFTs and crypto to reward women getting back into fitness
A Queensland company is helping generate a new global fitness craze by working out that a workout can lead to bigger rewards than just better health.
Australian fitness tech startup Vitruvian raises US$15 million as it eyes US expansion
The Perth-based fitness startup has its sights set on gaining a stronger foothold in the North American market.
Peloton fires nearly 3000 staff, some by removing Slack access
As a parting gesture, Peloton told the former employees they would get a "meaningful" severance package, which included a free Peloton membership — for one year, valued at $468.
Gyms and fitness studios are adapting to “a new norm” of snap lockdowns — and bearing the costs
Australian gyms and fitness studios are adapting to a post-COVID environment of snap lockdowns, uncertainty, and ultimately more costs.
Adelaide-founded fitness brand Ryderwear opens first physical store after securing a cult following in the US
Global fitness clothing brand Ryderwear will soon open its first gym and bricks-and-mortar store in its hometown of Adelaide, South Australia.
Livelihoods on the line: CBD businesses struggle with mass exodus of white-collar customers
The reluctance of city-based workers to return to their offices is having a flow-on effect for many small CBD businesses that rely on their custom.
“Playing the long game”: Gym owners rejoice as restrictions ease, but say re-opening is just the beginning
Business owners are enjoying opening their doors again as COVID-19 restrictions ease, new American Express research suggests.
