• This Week In Fitness: Planet Fitness Eyes Blink, $6.3 Trillion Wellness Economy, and Peloton Targets Millennial Men

  • Nov 12 2024
  • Length: 5 mins
  • Podcast

This Week In Fitness: Planet Fitness Eyes Blink, $6.3 Trillion Wellness Economy, and Peloton Targets Millennial Men

  • Summary

  • Welcome to This Week In Fitness, where we crunch the latest fitness business headlines in under five minutes.

    Planet Fitness Eyes Blink Acquisition: Planet Fitness has submitted new bids for Blink Fitness after PureGym was initially awarded the assets at a recent bankruptcy auction, signaling Planet Fitness’s interest in expanding its footprint.

    Global Wellness Industry Hits $6.3 Trillion: The wellness economy surged to $6.3 trillion in 2023, with projections to reach $9 trillion by 2028, driven by growth in wellness tourism and fitness real estate.

    Peloton Targets Millennial Men: Peloton's new campaign, "Find Your Push. Find Your Power," features NFL stars T.J. and J.J. Watt to attract a new demographic of male users to its fitness platform.

    Planet Fitness Reports Strong Q3 Results: With a 5.3% increase in revenue and a rise in new club openings, Planet Fitness adjusts its outlook for continued growth through the year.

    UK Government Urged to Tackle Obesity: A new report calls for tighter regulations on food companies to address rising obesity rates, which now rival tobacco as a major health risk.

    Echelon Launches ActiveMD: Echelon expands into wellness with ActiveMD, combining medical oversight and fitness programs to support weight management using GLP-1 medications.

    Survey Reveals Supplement Use on the Rise: A new survey finds that while supplement use is growing, consumers face gaps in understanding how these products are regulated.

    Stay fit, stay informed, and keep your fitness business in shape!

    Chapters:

    00:00- Intro
    00:15- Planet Fitness Eyes Blink Fitness
    01:09- Global Wellness Economy Booms
    01:47- Peloton Targets Millennial Men
    02:28- Planet Fitness Third Quarter Results
    03:15- Nutrition Supplements Misconceptions
    03:57- Echelon and ActiveMD
    04:22- Diet VS Tobacco Health Risks

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