Manufacturers en Octane Fitness Co-founder Dennis Lee to Leave Octane at End of Year <div class="node-body article-body">Dennis Lee, the co-founder of Octane Fitness, will leave Octane at the end of December, when Ryan Simat will step into his role.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Fri, 16 Sep 2016 17:57:00 +0000 57911 at <p>Dennis Lee (pictured on the right) will leave Octane Fitness&nbsp;at the end of December, but Tim Porth&nbsp;(left) will remain with the company, which the two co-founded. Octane was purchased by Nautilus in January. (Photo courtesy Octane Fitness.)</p> ASF Payment Solutions Founder Richard Reed Dies <div class="node-body article-body">Richard Reed, founder of ASF Payment Solutions, Denver, Colorado, died on Aug. 26, according to an announcement by ASF.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Fri, 02 Sep 2016 01:33:00 +0000 57651 at <p>Richard Reed, who founded ASF Payment Solutions in 1973, died on Aug. 26. (Photo courtesy ASF Payment Solutions.)</p> National Fitness Financial Systems Owner Bailey Hall Faces Freeze of Assets <div class="node-body article-body">The state of Utah has requested a temporary restraining order (TRO) with freeze of assets against Bailey Nolan Hall—owner of National Fitness Financial Systems—and a gym he owns, Performax.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 30 Aug 2016 12:25:00 +0000 57561 at <p>National Fitness Financial Systems owner Bailey Nolan Hall did not hand over membership records requested by the Utah Attorney General&#39;s Office&nbsp;for his gym,&nbsp;Performax,&nbsp;after the gym closed unexpectedly but continued to charge membership dues. The attorney general stated that due to the lack of response the office &quot;is concerned and suspects that the Defendants are removing, concealing, or disposing of their assets to the detriment of consumers,&quot; according to a filing requesting a freeze of assets on Hall and Performax. (Photo by Thinkstock.)</p> ClassPass Shares Breakdown of Its Users' Fitness Habits by Regions of the United States <div class="node-body article-body">ClassPass reviewed data from its users during the past three months and shared workout habits from favorite time to work out to favorite type of workout per region of the United States. </div> <p><a href="" target="_blank">read more</a></p> Studies Manufacturers Fri, 26 Aug 2016 20:17:00 +0000 57491 at <p>Data from ClassPass users revealed trends by regions of the country. (Photo by Thinkstock.)</p> 2016 Inc. 5000 Fastest Growing Companies List Includes Fitness Businesses <div class="node-body gallery-body">The 2016 Inc. 5000 list of fastest growing companies includes 16 health clubs or fitness-related companies. </div> <p><a href="" target="_blank">read more</a></p> For-profits News Manufacturers Mon, 22 Aug 2016 18:11:00 +0000 57341 at Precor Second Quarter Revenue Declines to $89.6 Million <div class="node-body article-body">Precor's new product and service program that includes Spinning, Queenax, cardio-related products, new consoles and new content are being rolled out, Amer Sports said in its earnings release. </div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 09 Aug 2016 21:10:00 +0000 57071 at <p>Precor&#39;s Queenax functional fitness training&nbsp;system. (Photo by Precor.)</p> Blaze, Alta Models Boost Fitbit's Q2 Revenue to $586.6 Million <div class="node-body article-body">Fitbit sold 5.7 million devices with the United States comprising 76 percent of total revenue in the second quarter.</div> <p><a href="" target="_blank">read more</a></p> Wellness Manufacturers Thu, 04 Aug 2016 18:57:00 +0000 56981 at <p>Fitbit&#39;s new products, such as the Blaze model pictured here, comprised 54 percent of the company&#39;s second quarter revenue.&nbsp;(Photo courtesy Fitbit.)</p> Nautilus' Second Quarter Revenue Grows to $78.5 Million with Octane Fitness Integration <div class="node-body article-body">Octane Fitness' ZeroRunner ZR800 was described as a "key product launch" by Nautilus Chief Operating Officer William McMahon during a conference call with analysts to share second quarter financials.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 02 Aug 2016 14:26:00 +0000 56941 at <p>Octane Fitness&nbsp;began to offer&nbsp;the Schwinn Airdyne Pro, left, at specialty fitness retailers&nbsp;in April, and it will be available commercially in the fourth quarter of 2016. The Octane Fitness ZeroRunner ZR8000, right, launched in June. (Photos courtesy&nbsp;Nautilus.)</p> Brunswick Acquires Indoor Cycling Group to Diversify Life Fitness Product Offerings <div class="node-body article-body">Brunswick Corp. announced an agreement to purchase Indoor Cycling Group on Thursday in a transaction that is anticipated to be approved in the third quarter. Terms of the transaction were not disclosed.</div> <p><a href="" target="_blank">read more</a></p> Manufacturers Thu, 28 Jul 2016 21:36:00 +0000 56831 at <p>Indoor Cycling Group was founded in 1995 by Bernd Puerschel and supplies indoor cycling bikes through direct and distributor channels.</p> Life Fitness Grows Q2 Revenue to $229.8 Million <div class="node-body article-body">Life Fitness had a 32 percent sales increase in the second quarter due to growth at health clubs and at local and federal governments, according to Brunswick. </div> <p><a href="" target="_blank">read more</a></p> Manufacturers Thu, 28 Jul 2016 16:11:00 +0000 56851 at <p>Brunswick announced the acquisition of German bicycle manufacturer International Cycling Group&nbsp;and announced second quarter earnings for Life Fitness on Thursday. (Photo by International Cycling Group.)</p>