Manufacturers en 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> Manufacturers 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> Texas Tech Embraces Functional Fitness with Raider Escape Room <div class="node-body article-body"><p>Texas Tech University has partnered with Escape Fitness and Marathon Fitness to transform two dormant racquetball courts into a functional fitness training facility on its Lubbock campus&mdash;the first of its kind among Lone Star state universities.</p></div> <p><a href="" target="_blank">read more</a></p> Manufacturers Universities Tue, 06 Dec 2016 22:15:00 +0000 59811 at <p>The 1,600-square-foot Raider Escape Room features functional training equipment from Escape Fitness and Marathon Fitness. (Photo courtesy Texas Tech University.)</p> Wexer Acquires ClubVirtual <div class="node-body article-body">Virtual fitness company Wexer has purchased ClubVirtual for an undisclosed price, noting that ClubVirtual will continue to produce content under the ClubVirtual name. </div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 29 Nov 2016 14:19:00 +0000 59561 at <p>Wexer&nbsp;offers virtual fitness and has virtual installations in more than 40 countries.&nbsp;(Photo courtesy Wexer.)</p> Charge 2, Flex 2 Help Fitbit Grow to $504 Million in Q3 <div class="node-body article-body">New product rollouts and increased consumer demand contributed to the sale of 5.3 million Fitbit products and revenue of $503.8 million in the third quarter of 2016 for the company, according to financials released by Fitbit on Friday.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Wed, 09 Nov 2016 14:25:00 +0000 59241 at <p>Although Fitbit&#39;s operating expenses are outpacing its projected growth, the company saw a 24 percent increase in third quarter earnings to $503.8 million. (Photo courtesy Fitbit.)</p> Motionsoft Gets $6 Million Series C Investment, Looks to Growth <div class="node-body article-body">Motionsoft's top two executives share the plans they have for the company's growth after securing a new round of funding last month. </div> <p><a href="" target="_blank">read more</a></p> Manufacturers Wed, 09 Nov 2016 03:09:00 +0000 59131 at <p>Motionsoft&nbsp;CEO&nbsp;John Cramp, who brings payment expertise to the company, said he looks forward to working with Motionsoft co-founder Al Noshirvani to market the company&#39;s full service and accounts receivable offerings launched this year as well as looking at product development related to integrating health clubs with the health care industry. (Photo courtesy Motionsoft.)</p> 10 Trends That Will Define Fitness in 2017 <div class="node-body gallery-body">The American College of Sports Medicine identified the 10 trends that will define the fitness industry during the coming year. Club Industry has compiled the results in this clickable gallery.</div> <p><a href="" target="_blank">read more</a></p> For-profits Studies Manufacturers Tue, 01 Nov 2016 20:21:00 +0000 58961 at <p>The American College of Sports Medicine (ACSM) released its annual fitness trend forecast last week, and the results may or may not surprise you. Nearly 2,000 industry professionals contributed to the forecast, which was facilitated by Walter R. Thompson, associate dean of the College of Education &amp; Human Development at Georgia State University in Atlanta.</p> <p>Are your club&rsquo;s offerings current for 2017? Click through this photo gallery to find out.</p> Nautilus Grows to $80.8 Million in Q3 with Help from Octane Fitness <div class="node-body article-body">Nautilus' operating income reportedly grew 28.5 percent to $8.2 million for the third quarter, a result of improved net sales, gross retail margins and leveraged operating expenses.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 01 Nov 2016 17:55:00 +0000 58951 at <p>&quot;Our focus on generating profitable growth through product innovation, channel diversification, and disciplined management of expenses, enabled us to achieve double-digit growth in revenue,&quot; Nautilus CEO Bruce M. Cazenave said in an earnings report released Monday. (Photo courtesy Nautilus.)</p> Life Fitness Sales Increase 20 Percent in Q3, Yet to See Cybex Acquisition Impact <div class="node-body article-body">Life Fitness continues to grow through strong demand, specifically in the global health club and hospitality markets, Chairman and CEO Mark Schwabero said in Brunswick's recent earnings report.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 01 Nov 2016 17:01:00 +0000 58941 at <p>Although Life Fitness&#39; quarterly earnings grew 20 percent, Chairman and CEO Mark Schwabero&nbsp;said revenues from the recent acquisition of Cybex have &quot;trailed our initial expectations.&quot; (Photo by Thinkstock.)</p> Mindbody Revenue Increases to $35.3 Million in Q3 2016 <div class="node-body article-body">Mindbody's revenue increased by 35 percent over the same period last year, and executives for the company are forecasting 2016 revenue of $138.5 million to $139.5 million, an increase of at least 37 percent since 2015. </div> <p><a href="" target="_blank">read more</a></p> Manufacturers Thu, 27 Oct 2016 17:48:00 +0000 58931 at <p>Mindbody&rsquo;s subscription and services revenue grew 33 percent to $21.2 million, and payments revenue jumped 41 percent to $13.5 million. (Photo by Mindbody.)</p> Precor Net Sales Drops 4 Percent in Q3 2016 <div class="node-body article-body">Precor reported a 4 percent decline in net sales in local currencies in third quarter 2016 with sales year to date increasing 1 percent, according to financials released Thursday by Amer Sports, the Finland-based parent company of Precor.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 25 Oct 2016 20:42:00 +0000 58861 at <p>Amer Sports President and CEO&nbsp;Heikki&nbsp;Takala said that sales of some of Precor&#39;s new products, including these Spinner bikes introduced in early 2016, would ramp up in the fourth quarter and early 2017. (Photo courtesy Precor.)</p>