Vendors en 25 Top Social Media Moments from IHRSA 2017 in Los Angeles <div class="node-body article-body">The Club Industry staff captured highlights from last week's 36th annual International Convention and Trade Show of the International Health, Racquet & Sportsclub Association (IHRSA) in Los Angeles. Scroll down to view the staff's 25 favorite posts from Twitter and Instagram.</div> <p><a href="" target="_blank">read more</a></p> Commercial Clubs Vendors Wed, 15 Mar 2017 17:21:00 +0000 62331 at <p>Attendees at the 36th annual International Convention and Trade Show of the International Health, Racquet &amp; Sportsclub Association (IHRSA) participate in a Precor training demo on March 9 in Los Angeles. (Photo by Anthony Dominic.)</p> Fitbit Announces Strategy to Focus on Smartwatches and Corporate Partnerships <div class="node-body article-body">Fitbit CEO James Park announced a new strategy for the company in which it will target two areas: consumer health as well as fitness and enterprise health. </div> <p><a href="" target="_blank">read more</a></p> Vendors Tue, 07 Mar 2017 15:08:00 +0000 62261 at <p><span style="font-size: 12.8px;">Fitbit&#39;s new strategy will include an increased presence in the&nbsp;</span>smartwatch<span style="font-size: 12.8px;">&nbsp;market and more corporate partnerships, specifically those in the healthcare industry.</span>&nbsp;(Photo courtesy Fitbit.)</p> Technogym Reports 8.5 Percent Revenue Increase in 2016 <div class="node-body article-body">Technogym reported that in 2016 it experienced significant revenue growth in Italy as well as its Asia-Pacific and North America markets. The latter was spurred by an increased presence in the luxury-hospitality market and a new partnership with Life Time Fitness.</div> <p><a href="" target="_blank">read more</a></p> Vendors Mon, 06 Mar 2017 23:14:00 +0000 62241 at <p>Technogym&#39;s<span style="font-size: 12.8px;">&nbsp;net profit grew 54 percent in 2016, while its net financial debt more than doubled. The latter was attributed partly to the acquisition of&nbsp;</span>Technogym<span style="font-size: 12.8px;">&nbsp;Village, the company headquarters in Cesena, Italy, shown here in this picture at its opening in 2012. (Photo by Pamela Kufahl.)</span></p> Johnson Health Tech Moves Mark Zabel into Role as President of New U.S. Commercial Division <div class="node-body article-body">Nathan Pyles is moving out of the role of president of Johnson Health Tech North America to a role on the board of directors while Mark Zabel will move into the role of president of the U.S. commercial division of the company, which owns Matrix. </div> <p><a href="" target="_blank">read more</a></p> Vendors Tue, 28 Feb 2017 01:53:00 +0000 62011 at <p>Mark Zabel, who has been with the Johnson Health Tech for 10 years, will oversee the entire U.S. market in his new role as president. (Photo courtesy of Johnson Health Tech.)</p> Life Fitness Expands Cybex Facility, Celebrates Added Manufacturing Capacity <div class="node-body article-body">The $22.85 million expansion added 150,000 square feet and 100 new jobs at Life Fitness' Owatonna, Minnesota, Cybex facility. </div> <p><a href="" target="_blank">read more</a></p> Vendors Mon, 27 Feb 2017 19:03:00 +0000 61951 at <div>Owatonna Mayor Tom Kuntz speaks at last Thursday&#39;s ribbon-cutting ceremony at Life Fitness&#39; newly expanded Cybex facility. The 150,000-square-foot project was a collaborative effort between Life Fitness, the City of Owatonna and the State of Minnesota. (Photo courtesy Life Fitness.)</div> Wearables Sales Increase Garmin’s Q4 and 2016 Revenue Over 20 Percent <div class="node-body article-body">After reporting $818.5 million in year-end fitness segment revenue, Garmin executives are forecasting segment revenue growth of approximately 5 percent in 2017.</div> <p><a href="" target="_blank">read more</a></p> Vendors Mon, 27 Feb 2017 16:30:00 +0000 61941 at <p>Garmin CEO and President Cliff Pemble attributed the fitness segment&#39;s growth to an increased demand for wearables such as the Garmin Elevate and v&iacute;vofit jr, both of which experienced strong holiday sales. (Photo courtesy Garmin.)</p> 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>