Vendors en Fitbit Misses Q4 2016 Target by Over $150 Million, Reports Slowed Annual Growth <div class="node-body article-body">Sluggish fourth quarter sales contributed to Fitbit's underperformance in 2016, which has already prompted cost-cutting efforts and a re-assessment of the company's global business strategy.</div> <p><a href="" target="_blank">read more</a></p> Vendors Thu, 23 Feb 2017 22:46:00 +0000 61901 at <p>New products such as the Blaze (pictured) comprised 70 percent of Fitbit&#39;s revenue in 2016, according to earnings released Wednesday. Over two-thirds of the brand&#39;s annual sales occurred in the United States.&nbsp;(Photo courtesy Fitbit.)</p> Octane Boosts Nautilus Retail Sales by 67 Percent in 2016 <div class="node-body article-body">Although Nautilus' direct segment sales remained static, the company reported $60 million in fourth quarter retail sales and $177.9 million in year-end retail sales. CEO Bruce Cazenave attributed to the growth to the company's inclusion of Octane Fitness.</div> <p><a href="" target="_blank">read more</a></p> Vendors Wed, 22 Feb 2017 17:35:00 +0000 61851 at <p>Despite its retail segment successes, Nautilus&#39; static direct segment performance was attributed to a drop in direct sales for the TreadClimber product line, as well as reduced media spending in the third and fourth quarters. (Photo courtesy Nautilus.)</p> Mindbody Reports Q4 and 2016 Sales Growth of More Than 30 Percent <div class="node-body article-body">Mindbody reported a 17 percent growth in end-of-year subscribers to 60,385. During the fourth quarter, the average monthly revenue per subscriber also increased by 15 percent to $212.</div> <p><a href="" target="_blank">read more</a></p> Vendors Mon, 13 Feb 2017 21:52:00 +0000 61601 at <p>Mindbody&#39;s year-end report noted a partnership with Google to help users book classes directly via Google Maps and the company being named No. 338 in Deloitte&rsquo;s 2016 Technology Fast 500 list. (Photo courtesy Mindbody.)</p> Life Fitness Reports Q4 and 2016 Sales Growth of More Than 20 Percent <div class="node-body article-body">Brunswick Corp.'s Life Fitness Division reported fourth quarter sales growth of 24 percent while its 2016 sales grew by 23 percent, as Cybex became more integrated into the division. </div> <p><a href="" target="_blank">read more</a></p> Vendors Fri, 27 Jan 2017 00:03:00 +0000 61141 at <p>The fourth quarter was&nbsp;Life Fitness&#39; most successful quarter of 2016 to help increase its total year revenue by 23 percent. Parent company Brunswick also reported year-end sales of $4,488.5 million, an increase over $4,105.7 million in 2015. (Photo courtesy Brunswick Corp.)</p> Chris Clawson Leaves Life Fitness; Former GE Exec Appointed New President <div class="node-body article-body">After six years as president of Brunswick Corp.'s Life Fitness Division, Chris Clawson has left the company. Taking over as president is Jaime Irick, who has experience at GE "transforming traditional business models to compete in new and evolving markets," according to an announcement from Brunswick.</div> <p><a href="" target="_blank">read more</a></p> Vendors Thu, 19 Jan 2017 00:14:00 +0000 60871 at <p>Brunswick Corp. made a change in the president role for its Life Fitness Division, replacing Chris&nbsp;Clawson&nbsp;(left) as president with former GE executive Jaime&nbsp;Irick (right).&nbsp;(Photos courtesy of Life Fitness.)</p> Fitbit Acquires Vector Watch, Properties from Pebble <div class="node-body article-body">Vector Watch’s entire software platform will now operate under the Fitbit umbrella, but already-existing products and most product features will not be affected. Fitbit’s Pebble acquisitions, on the other hand, are exclusively related to software and firmware.</div> <p><a href="" target="_blank">read more</a></p> Vendors Tue, 10 Jan 2017 19:54:00 +0000 60561 at <p>No future Vector Watch&nbsp;products and updates are planned, according to a company statement, but existing&nbsp;warranties will be honored. (Photo courtesy Fitbit.)</p> MYZONE, Hexoskin Win Top Awards at Wearable Technology Show <div class="node-body article-body">MYZONE won in the Overall Wearable Winner Category, edging out Misfit, while Hexoskin earned the Crunchwear Editor’s Award, beating runner-up MIO Global.</div> <p><a href="" target="_blank">read more</a></p> Vendors Wed, 21 Dec 2016 13:08:00 +0000 60221 at <p>Wearable Technology Show COO John Weir called MYZONE a &quot;very worthy&quot; winner of the Overall Wearable Award, as well as a &quot;true trailblazer&quot; in the sports performance market. (Photo courtesy MYZONE.)</p> Wearables Present New Privacy and Security Risks, Report Says <div class="node-body article-body">Researchers point out that wearables could have privacy risks because of a lack of "adequate safeguards" between personal health data and the hyper-targeted mobile marketing efforts of "point-of-care" media companies who, together with some pharmacy chains, “have expanded their use of digital marketing techniques to reach and engage customers and to tap into new sources of data.”</div> <p><a href="" target="_blank">read more</a></p> Vendors Freemium Wed, 21 Dec 2016 12:01:00 +0000 60211 at <p>Except in rare cases, information generated from&nbsp;wearable devices falls outside the scope of the Health Insurance Portability and Accountability Act of 1996, which was intended to protect the confidentiality of healthcare data. (Photo by Thinkstock.)</p> Ojmar Wins Electronic Lock Patent Case Filed by Digilock <div class="node-body article-body">The recent decision by the Patent Trial and Appeals Board determined Digilock’s patent claim against Ojmar was invalid “based on the existence of prior related patents," one of which had been previously issued to Digilock's president.</div> <p><a href="" target="_blank">read more</a></p> Vendors Wed, 14 Dec 2016 13:17:00 +0000 60041 at <p>Digilock originally filed a patent infringement lawsuit against Ojmar in November 2014, targeting the competitor&#39;s electronic locks. (Photo by Thinkstock.)</p> Octane Fitness Receives Eight Best Buy Awards <div class="node-body article-body">Two commercial products from Octane Fitness received Best Buy awards from Fitness Professor Review, as did six of the company's consumer products. </div> <p><a href="" target="_blank">read more</a></p> Vendors Wed, 07 Dec 2016 00:53:00 +0000 59821 at <p>The redesigned Schwinn Airdyne Pro received&nbsp;the Best&nbsp;Crosstrainer&nbsp;under $1,500 award, based on &ldquo;category-leading features&rdquo; such as its 26-blade performance fan, durable and quiet single-stage belt drive and&nbsp;MultiGrip&nbsp;handlebars, according to Fitness Professor Review. (Photo courtesy Octane Fitness.)</p>