The world consists of tellers, intenders and doers. Tellers are people who tell you what you want to hear with no intention of ever doing what they say. Intenders are people who intend to do things but rarely end up doing them. Doers are the people who actually get things done....More
With markets opening during the past year, private equity firms are becoming more interested in the fitness industry. Industry insiders say that the industry’s recession-resilient reputation, increased mergers and acquisitions in the industry, plus an impending capital gains tax deadline have led to more activity as 2012 heads down the home stretch....More
Technogym, Cesena, Italy, has made several moves to consolidate its manufacturing operations, including consolidating its manufacturing facilities throughout Italy into one 37-acre facility in Cesena, Italy, and moving its U.S. headquarters from Seattle to Fairfield, NJ, closer to its logistic hub in York, PA....More
Despite some health clubs closing during the recession, most clubs survived and some even grew, emerging with plans to expand even further. Reasons for success despite adversity varies, but for Fitness Formula Clubs, which owns nine high-end clubs and manages three office building fitness centers in downtown Chicago, knowledge of its community was one key to its success....More
The Club Industry conference and trade show’s move from McCormick Place in Chicago to the Las Vegas Convention Center was the topic of much conversation during the Oct. 10-12 show. Concluding its 27th year, the show’s change in location helped attract more West Coast attendees along with its Midwest and East Coast audience. Next year, the show will return to McCormick Place in Chicago, Oct. 23-25....More
Cybex International’s announcement last month that its board of directors had approved a plan to take the company private may not have come as a surprise....More
Cloud-based computing, popularized in large part the past few years by companies such as Apple, Google and Microsoft, puts both data and applications off-site, allowing a club to access all its data and programs via a growing number of devices (laptops, smartphones, tablets) and from any location with Internet access....More
