Group working to formalize Fitness Industry Technology Council
A consortium of industry leaders working to recommend a set of standards and best practices for fitness equipment technology is moving forward to formalize the organization by early 2012.
View ArticleSears looking for national specialty fitness role, commercial fitness sales
Forget just finding entry-level equipment in a bland fitness section at many Sears stores. The national retailer has entered the specialty fitness arena with a new, polished, shop-in-shop concept...
View ArticleFitness financials: Life Fitness sales shine for parent Brunswick's 3Q...
Sales of Life Fitness and Hammer Strength equipment jumped 14 percent in the third quarter 2011 to lead revenue gains for parent company Brunswick. Plus Precor sales are up for parent company Amer, but...
View ArticleRetailers 'cautiously optimistic' for holiday season; bad weather can help
The National Retail Federation reports this year will be average for retailers across the board, but retailers across the wintersports, outdoor and fitness industries are gearing up for a busy holiday...
View ArticleBalance training here to stay with new products, broad interest
Balance- and stability-training equipment are not new on the fitness scene, but some industry professionals say they are the ticket to maintaining good business in a down economy.
View ArticleAthletic Business ’11: Broad slate of education, seminars key to event
Other shows may have educational seminars but they are often a supplement to the trade show floor. At the Athletic Business Conference the educational component is just as important as the trade show....
View ArticleHealth Notes: Desire to exercise motivates; yoga, stretching lessen back pain
In SNEWS® Health Notes, an occasional series, we take a look at recent health research that might be pertinent to your business. In this report, SNEWS takes a look at two studies, one which concludes...
View ArticleFitness financials: Nautilus narrows 3Q loss on slightly lower revenue; plus...
Nautilus narrowed its loss in the third quarter 2011, but its revenue slipped along with its retail sales. Plus, lifestyle media firm Gaiam, which owns Spri fitness products, reported higher revenue,...
View ArticleAmer Sport’s Mike Adams on the company’s new e-commerce strategy
SNEWS sits down with Amer Sport's Mike Adams to discuss the new e-commerce strategy the company is unveiling for its Atomic and Salomon winter sports brands. Could it affect its other brands also?
View ArticleFitness Movin' & Shakin -- Spri products, Precor, SportsArt, Fitness Gallery...
Find updates on people, retailers, brands and other news in our occasional Movin’ & Shakin’ story. Here, news on new hires at brands and stores, including Precor, SportsArt and Fitness Gallery,...
View ArticleRelay Fitness Group wants to spice up world of stationary cycles
Three industry veterans – Greg Wallace, Marko Vujicic and Mark Chiles – recently launched a new company, Relay Fitness Group, and its new light commercial indoor cycle. The trio is now preparing to...
View ArticleFinancials: Dick’s Sporting Goods and Sport Chalet see boost in same-store...
Dick's Sporting Goods and Sport Chalet both reported stronger same-store sales and profits heading into the holiday season. Plus Accell reports weaker-than-expected, third-quarter bike sales along with...
View ArticleFitness financials: Weaker appliance, electronic sales hurt Sears 3Q earnings
Sears Holding Corp, which is in the process of revamping its fitness departments, reported lower revenue and a wider loss for the third quarter 2011.
View ArticleFinancials: Strong footwear, apparel sales drive Hibbett 3Q earnings up; plus...
Hibbett Sports reported higher third-quarter 2011 revenue and profit on strong apparel and footwear sales. Plus, Maurice Sporting Goods plans to acquire fellow sporting goods wholesaler Redl Sports...
View ArticleAthletic Business ’11: Expo designed to entice, educate, not distract
Compact hours for the Athletic Business Conference’s expo separates most seminars from the trade show hours, allowing attendees to focus. SNEWS talks to show staff to find out how this works, plus gets...
View ArticleJury verdict against Cybex reduced to $44 million
A New York appeals court reduced a jury verdict against Cybex from nearly $66 million to $44 million. But company officials said they will again appeal the ruling because they believe the lawsuit...
View ArticlePaceMaster manufacturing, sales, service to move to Northern Lights facility...
High costs have forced PaceMaster to be moved by investor Edwin Cameron to his Northern Lights equipment manufacturing facility in Canada. SNEWS talks to Cameron for insights.
View ArticleSpecialty retailers just say ‘no’ to Thanksgiving hours, early ‘door-bustin’’...
While some big box retailers have plans to open on midnight Thanksgiving night, specialty fitness and outdoor retailers will keep their regular hours on Black Friday only. Plus, retailers tell SNEWS...
View ArticleCybex considers financing options, readies appeal of latest ruling in...
Cybex officials said they are analyzing numerous financial and legal options after a New York appeals court reduced, but upheld an unfavorable verdict for the fitness equipment company in an ongoing...
View ArticleForecasters: U.S. economy to grow modestly in 2012 led by business spending
The U.S. economy will grow in 2012 with an unlikely chance of another recession or high inflation, a group of forecasters with the National Association for Business Economics said in a report released...
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