News 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> Property Briefs: LA Fitness, Planet Fitness Expand; University of Nevada, Reno Unveils Rec Center <div class="node-body article-body">LA Fitness is set to open a new facility in at site of factory explosion in New Jersey as Planet Fitness eyes new facilities in Pennsylvania and California, and the University of Nevada, Reno opens its long-awaited $47.5 million recreation center.</div> <p><a href="" target="_blank">read more</a></p> Commercial Clubs Universities Wed, 22 Feb 2017 18:52:00 +0000 61871 at <p>A new Planet Fitness club is expected to open next month in a mixed-use development in Washington, Pennsylvania, while another club is pending approval in Lodi, California. (Photo courtesy Planet Fitness.)</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> ClubCorp Reports Sixth Consecutive Year of Record Results <div class="node-body article-body">ClubCorp reported 2016 revenue of $1.1 billion, a 3.4 percent increase from the previous year. The growth comes as the company continues to look at ways to improve shareholder value after an active investor asked the board to consider selling the company. </div> <p><a href="" target="_blank">read more</a></p> Commercial Clubs Wed, 22 Feb 2017 13:12:00 +0000 61841 at <p>As ClubCorp reports a sixth consecutive year of revenue growth, the company&#39;s board is also looking at a possible sale. (Photo courtesy ClubCorp.)</p> 11 JCCs Receive Bomb Threats <div class="node-body article-body">Bomb threats were called in for a fourth time this year to Jewish Community Centers (JCCs) around the country on Monday, causing evacuations of the centers. No bombs were found at any of the JCCs, and no one was injured. </div> <p><a href="" target="_blank">read more</a></p> Nonprofits Tue, 21 Feb 2017 16:48:00 +0000 61731 at <p>The bomb threats called into 11&nbsp;JCCs&nbsp;on Monday were deemed hoaxes as were the threats called in three times in January. Many of the JCCs include fitness centers that had to be evacuated due to the bomb threats. (Photo courtesy JCC Association.)</p> DavidBartonGym Sued by New York State for Failing to Refund Member Money after Closure, Bankruptcy <div class="node-body article-body">After Club Ventures Investments, which does business as DavidBartonGym, closed eight of its clubs in late 2016 and filed for Chapter 7 bankruptcy, it failed to refund money to more than 5,000 members, leading to a lawsuit by the New York Attorney General's Office. </div> <p><a href="" target="_blank">read more</a></p> Commercial Clubs Fri, 17 Feb 2017 20:25:00 +0000 61721 at <p>The suit argues that executives were &ldquo;well aware that the health clubs were in a financially precarious position,&rdquo; yet they continued to solicit new club memberships and service payments through early December. (Photo courtesy DavidBartonGym.)</p> Town Sports International Reports Fifth-Straight Year of Revenue Decline <div class="node-body article-body">Town Sports International reported fourth quarter revenue of $96.1 million and year-end revenue of $396.9 million, decreases of $4.7 million and $27.4 million, respectively.</div> <p><a href="" target="_blank">read more</a></p> Commercial Clubs Fri, 17 Feb 2017 18:30:00 +0000 61711 at <p>Town Sports International reported a small increase in its member count from 541,000 in 2015 to 544,000 in 2016, despite a fourth-quarter drop of 1,000 members. (Photo by Stuart Goldman.)</p> State Officials Consider Fate of Yoga Regulation in Idaho and Washington <div class="node-body article-body">Two states are considering regulating yoga instruction, which if implemented could cost studios as much as $3,000 in state-required renewal and certification fees. Since 2014, activist group the Yoga Alliance has successfully lobbied against the implementation of regulatory laws in seven states.</div> <p><a href="" target="_blank">read more</a></p> Commercial Clubs Wed, 15 Feb 2017 09:47:00 +0000 61631 at <p>On Feb. 2, a&nbsp;bill was introduced to Idaho&rsquo;s House Education Committee on that would exempt yoga instruction from an official state list of &quot;proprietary schools.&quot;&nbsp;A similar&nbsp;bill is awaiting a vote in Washington&rsquo;s Senate. (Photo by Thinkstock.)</p> Viral Fitness News: Veteran Saves Collapsed Friend; LA Fitness Patron Strips Naked; Club Vandalism <div class="node-body article-body">An Air Force staff sergeant resuscitated his incapacitated friend at a Florida health club, while a patron and former employee cause ruckuses at an LA Fitness in Michigan and a Quik Fit in Tennessee, respectively.</div> <p><a href="" target="_blank">read more</a></p> Commercial Clubs Tue, 14 Feb 2017 23:54:00 +0000 61611 at <p>A woman was captured on video stripping out of her clothes and loudly arguing with employees inside an LA Fitness facility in Southfield, Michigan, on Jan. 25. (Photo by Pamela Kufahl.)</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>