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Litigation Concerns in the Fitness Industry Lead to Meeting
Litigation against fitness facilities and equipment manufacturers is on the mind of more people in the fitness industry after the $66 million judgment and the $19.5 million settlement in the Barnhard vs. Cybex International lawsuit, according to several people in the industry. ...
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Latest Fitness Manufacturer NewsMatrix Fitness Records 28 Percent Increase in First Quarter 2012Johnson Health Tech Inc.’s North American commercial channel, which includes Matrix Fitness, had a 28 percent growth in first quarter 2012 compared to first quarter 2011.... American Council on Exercise Launches Fitness Challenge ProgramAmerican Council on Exercise (ACE) has launched the Presidential Active Lifestyle Award (PALA+) Challenge to help individuals achieve the requirements for PALA+. ... Texas Man Sues Bally, Brunswick Corp.A man who claims he was injured at a Bally Total Fitness club in the Houston area is suing the company and Brunswick Corp., the manufacturer of the equipment, on the grounds of negligence.... Precor Sales Flat in First Quarter 2012Net sales for Precor, Woodinville, WA, were flat in first quarter 2012 at EUR59.7 million ($77.2 million) compared to the last first quarter when they were EUR56.6 million ($73.2 million), according to a financial statement released by Amer Sports, the Helsinki, Finland-based parent company of Precor. ... Star Trac Owner Planning to Take Company Public in ChinaMichael Bruno, the owner and CEO of Land America Health and Fitness Co., which operates Star Trac, StairMaster and Schwinn, is preparing to take the company public in China with an initial public offering (IPO).... Assessment Companies Help Bring Members into the ClubSome companies bring a different approach to the assessment and monitoring of members, creating a better experience and providing an incentive for them to return.... |
