Exercise/Fitness

1/21/2025 |  Gymshark Opens Permanent Store in Dubai Mall, First Outside UK (SGB UPDATE) Gymshark has opened its first permanent store outside the UK in the Dubai Mall. The 4300-square-foot space follows its UAE debut last year when the UK-based retailer opened a pop-up store in the Mall of the Emirates.
The British athletic apparel brand also has a pop-up shop in New York City’s SoHo neighborhood that opened in November 2024, timed for the holiday season. The store will close at the end of January. The company opened the store to create brand buzz for its first U.S. permanent flagship store in the Big Apple, which it plans to open later this year.

1/16/2025 |  Life Time Group Estimates 2024 Revenue Increased in the High-Teens (SGB UPDATE) Life Time Group Holdings, Inc. released preliminary estimated unaudited financial results for the fourth quarter and full-year fiscal 2024, indicating that total revenue growth for each period will grow in the mid-teens compared to the company’s respective comparative periods in 2023.

1/16/2025 |  Albany to Host 2025 CrossFit Games (SportsTravel) Discover Albany will host the 2025 CrossFit Games from August 1–3 at the MVP Arena, marking a first for the event on the East Coast.
Discover Albany estimates the impact will exceed $5.5 million in direct visitor spending and generate over $500,000 in local taxes. The event will bring in an estimated 5,669 room nights.

1/15/2025 |  Report: Americans Still Focused on Health and Fitness Goals for the New Year (SGB UPDATE) It’s that time of year when Americans who made New Year’s resolutions come face-to-face with what has become known as “National Quitter’s Day,” which arrived early this year due to the timing of New Year’s Day.
The term is said to recognize that most resolutions will not last until the second weekend of the new year, observed on the second Friday of January each year. In 2025, it fell on January 10.
So, how many Americans resolved to get in shape, lose weight and run their first 5k in spring? And how many are just increasing their Ozempic dosage?

1/13/2025 |  Planet Fitness, Inc. Touts 2024 Year-End Metrics at ICR (SGB UPDATE) Planet Fitness, Inc. has provided an overview of key year-end operational metrics ahead of its presentation this week at the ICR conference.
Planet Fitness reported that it grew its membership to approximately 19.7 million members and full year system-wide same-club sales increased by 5.0 percent as of December 31, 2024. The company also said it placed equipment in 124 new franchised locations and opened 150 new Planet Fitness clubs, including 21 corporate-owned locations, bringing system-wide total clubs to 2,722.