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HAMPTON, N.H., June 8, 2020 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT),one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, announced today its participation in the William Blair 40th Annual Growth Stock Conference. The Company's fireside chat presentation is scheduled for Wednesday, June 10 at 4:00 pm Central Time and can be accessed at http://investor.planetfitness.com.

About Planet Fitness

Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of March 31, 2020, Planet Fitness had more than 15.5 million members and 2,039 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico and Australia. The Company's mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone. More than 95% of Planet Fitness stores are owned and operated by independent business men and women.

Planet Fitness logo. (PRNewsFoto/Planet Fitness)

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SOURCE Planet Fitness, Inc.

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Planet Fitness Announces Participation in the William Blair 40th Annual Growth Stock Conference - Yahoo Finance

Dublin, June 08, 2020 (GLOBE NEWSWIRE) -- The "Global Health and Fitness Club Market Size - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Global health and fitness club market is projected to grow at a CAGR of 7.8% during the forecast period.

Consumers are willing to spend more on health and fitness club, with health aspect playing as a key role to drive the market growth across the world. The rising number of health clubs and gym with personal training and the latest fitness equipment is attracting consumers to join the health and fitness clubs, which is likely to influence the market growth in upcoming years.

Increasing equipment and facility spaces in fitness clubs, such as hot yoga studios, high altitude training rooms, metabolic testing equipment, medical exercise areas, and day spas are gaining popularity among the consumers, which is further supporting the market growth. Attractive membership fees offered by fitness clubs, increasing spending on marketing and advertisement, are helping the health and fitness clubs to generate more revenue.

Key Market Trends

Increasing Inclination Toward Health Clubs for Fitness

Globally, increased consumption of unhealthy food and sugar is causing obesity, which leads to diabetes, heart disease, and high blood pressure. The rise in awareness among millennials has resulted in an increase in expenditure on healthy lifestyle and fitness activities, which is encouraging them to join fitness clubs. Moreover, Gen X is more likely to be the consumer of health clubs than any other demographic, so health clubs are focusing to keep this consumer segment engaged, and continuing to invest in their gym and health memberships by offering personalized service offerings. Due to intense competition in the market, key players are trying to distinguish their service offerings by providing a unique value proposition and benefits to survive in the highly competitive environment, which is encouraging more people to join the fitness and health clubs.

North America Dominates the Global Market

Rising health awareness and increasing obesity among consumers in the United States are likely to support the market growth in the region. The number of adults aged from 20 to 64, who are the largest gym-going demographic, has increased, spurring demand for gym memberships in the recent past. As a result, many baby boomers are expected to sign up for health club memberships, as they become more health conscious with age. Most multipurpose health/fitness facilities offer a wide variety of specialty exercise services, equipment, and programs designed to encourage people of all ages and fitness levels to participate in a regular exercise that drives the health and fitness club market in the United States. Some examples are LA Fitness Irvine and Life Time Fitness Chanhassen, MN, and many more.

Competitive Landscape

The most active companies in the market include key players, such as by LA Fitness International LLC, Planet Fitness, LTF Holdings Inc., 24 hour Fitness, and Gold's Gym International. LA Fitness International LLC is one of the most active companies, with numerous brands offering a broad range of services, across the world. Moreover, the company has adopted strategic acquisition as the key strategy to increase its geographical presence and customer base. Town Sports International Holdings Inc., Chelsea Piers, EXOS, UFC Gyms, Crunch Fitness, Goodlife Fitness, and Self Esteem Brands LLC, etc. are some of the other active players operating in the health and fitness club market.

Key Topics Covered:

1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS4.1 Market Drivers4.2 Market Restraints4.3 Porter's Five Forces Framework4.3.1 Bargaining Power of Suppliers4.3.2 Bargaining Power of Buyers4.3.3 Threat of New Entrants4.3.4 Threat of Substitute Products and Services4.3.5 Degree of Competition

5 MARKET SEGMENTATION5.1 Service Type5.1.1 Membership Fees5.1.2 Total Admission Fees5.1.3 Personal Training and Instruction Services5.2 Geography5.2.1 North America5.2.1.1 United States5.2.1.2 Canada5.2.1.3 Mexico5.2.1.4 Rest of North America5.2.2 Europe5.2.2.1 Germany5.2.2.2 United Kingdom5.2.2.3 France5.2.2.4 Russia5.2.2.5 Spain5.2.2.6 Rest of Europe5.2.3 Asia - Pacific5.2.3.1 China5.2.3.2 India5.2.3.3 Japan5.2.3.4 Australia5.2.3.5 Rest of Asia - Pacific5.2.4 South America5.2.4.1 Brazil5.2.4.2 Argentina5.2.4.3 South Africa5.2.4.4 Rest of South America5.2.5 Middle East & Africa5.2.5.1 South Africa5.2.5.2 United Arab Emirates5.2.5.3 Rest of Middle East & Africa

6 Competitive Landscape6.1 Most Adopted Strategies6.2 Market Share Analysis6.3 Company Profiles6.3.1 Planet Fitness Inc.6.3.2 Town Sports International Holdings Inc.6.3.3 UFC GYM6.3.4 Crunch Fitness6.3.5 The Bay Club Company6.3.6 Gold's Gym International Inc.6.3.7 Equinox Holdings Inc.6.3.8 24 Hour Fitness USA Inc.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/k86ko6

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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2020 Insights on the Worldwide Health and Fitness Club Industry - North America Dominates the Global Market - GlobeNewswire

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Instruction

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Gyms and fitness centers reopen in Florida - WFSB

A buyer has been confirmed for SNFW Fitness Ltd., the owner of Steve Nash Fitness World and Sports Clubs | Hayley Woodin

What happened: A buyer for Steve Nash Fitness World and Sports Clubs has been confirmed. Details of the offer have not yet been made public.

Why it matters: Members, former employees and creditors should soon have more insight on the nature of the arrangement, and what it may meanfor them.

A buyer for Steve Nash Fitness World and Sports Clubs has been confirmed.

Mario Mainella, a licensed insolvency trustee with The Bowra Group, toldBusiness in Vancouverthat a successful bidder has been chosen, and that the bidder has "significant experience in the fitness industry."

The identity of the bidder and the terms of the offer have not yet been made public. The bid will need to be approved by the BC Supreme Court.

The month-long sales process for SNFW Fitness Ltd. which owns more than two-dozen locations under Steve Nash, UFC Gymand Crunch Fitness brands was recentlyextended by a week to allow the company and its advisors time to evaluate the bids that were received.

The number of bids received has not yet been disclosed.

After closing its locations and terminating nearly all of its approximately 1,300 staff members, SNFW Fitness filed a notice of intention to make a proposal under Canadian bankruptcy and insolvency legislation on April 3, owing more than $35 million to creditors.

"We appreciate that at this difficult time, this decision adds another financial burden to you, our creditors," company management wrote in a letter to creditors datedApril 9.

"However, our intention with taking this step is to gain the necessary time, and flexibility to formulate a restructuring plan that will enable us to re-open our doors, and get back to the business of a healthy life, when this crisis is over."

According to the trustee's first report to court, dated April 22,the board of directors at SNFW Fitnessdetermined the company was"not a viable business without a significant equity commitment and injection to fund COVID-19 shutdown costs and operating losses for several months after restarting operations post COVID-19 shutdown."

The equity injection needed was estimated at more than $10 million.

The Bank of Montreal owed $32 million by the company is in support of the company's sales process, according to court documents.

Both the trustee and SNFW Fitness believe that a sale, instead of a bankruptcy, will maximize recovery to stakeholders.

hwoodin@biv.com

@hayleywoodin

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BIV exclusive: Buyer confirmed for Steve Nash Fitness - Business in Vancouver

The Xiaomi Mi Band 5 has been receiving more buzz than most cheap fitness trackers, with plentiful leaks and rumors for several months now, and now we've seen the first official details about the device.

This information comes via Xiaomi itself, which posted a picture of the upcoming Mi Band 5 - four of them to be precise - showing the different band color variants it'll come in, as well as teasing some of the features. The picture was posted on a Xiaomi Weibo page, which also shared the date for the China launch event - June 11, which we already knew.

This isn't the first Mi Band 5 image Xiaomi has leaked, but it does tell us a lot more, as the previous pictures showed the band with the screen off, and in only one color.

It seems the Xiaomi Mi Band 5 will come in green, red, yellow and black strap colors, where the Mi Band 4 was only available in black in most regions. The body of the device will always be black, though.

The Mi Band 5 faces shown also hint at features the upcoming device will bring. There's a timer (which previous Mi Band wearables had), menstrual cycle tracking, elliptical, yoga and rope skipping fitness modes, and NFC payment (Xiaomi Mi Band devices previously had this, but only on versions released in China).

That's an impressive complement of features for a fitness tracker that'll likely cost a lot less than your Garmin, Fitbit or Apple Watch device, and rumors suggest those are just the tip of the iceberg, with more fitness features to be announced.

As mentioned, the Xiaomi Mi Band 5 launch date is set for June 11 in China, and while we likely won't find out the worldwide release date or pricing, we'll at least find out all the features the fitness tracker is set to bring, as well as likely its size and weight. We'll be reporting on the launch event, so stay tuned for all the details.

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Xiaomi teases the Mi Band 5, showing off the cheap fitness tracker's design - TechRadar

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Mobile Health and Fitness SensorMarket which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Mobile Health and Fitness Sensor Market Players to battle Covid-19 Impact.

The Mobile Health and Fitness SensorMarket report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Mobile Health and Fitness Sensor market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Mobile Health and Fitness Sensor market.

Top Leading players covered in the Mobile Health and Fitness Sensor market report: Medtronic, Abbott, Bayer, Roche, GE Healthcare, Fujitsu, Honeywell International, Acute Technology, Omron, RF Technologies, LifeScan and More

Get PDF Sample Report With Impact of COVID-19 on Mobile Health and Fitness Sensor [emailprotected] https://www.marketinforeports.com/Market-Reports/Request-Sample/83478

The report offers clear guidelines for players to cement a position of strength in the global Mobile Health and Fitness Sensor market. It prepares them to face future challenges and take advantage of lucrative opportunities by providing a broad analysis of market conditions. the global Mobile Health and Fitness Sensor market will showcase a steadyCAGR in the forecast year 2020 to 2024.

Product Type SegmentationTemperature SensorPressure SensorSpeed SensorLevel/Position SensorGas Sensor

Industry SegmentationMedicalSportsOthers

Our Complimentary Sample Mobile Health and Fitness Sensor market Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

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Regions Covered in the Global Mobile Health and Fitness Sensor Market: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Years Considered to Estimate the Mobile Health and Fitness Sensor Market Size:History Year: 2015-2019Base Year: 2019Estimated Year: 2020Forecast Year: 2020-2024

Highlights of the Report: Accurate market size and CAGR forecasts for the period 2019-2024 Identification and in-depth assessment of growth opportunities in key segments and regions Detailed company profiling of top players of the global Mobile Health and Fitness Sensor market Exhaustive research on innovation and other trends of the global Mobile Health and Fitness Sensor market Reliable industry value chain and supply chain analysis Comprehensive analysis of important growth drivers, restraints, challenges, and growth prospects

For More Information:https://www.marketinforeports.com/Market-Reports/83478/Mobile-Health-and-Fitness-Sensor-market

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COVID-19 Update: Global Mobile Health and Fitness Sensor Market is Expected to Grow at a Healthy CAGR with top players Medtronic, Abbott, Bayer,...

Take a glance at India Morse's Instagram feed and you'd be forgiven for thinking she was just another fitness influencer posting workouts, healthy recipes, and the odd mirror selfie.

But look a little more closely and you'll learn that Morse, whose handle is @youleanmeup, has a mission greater than helping people get fit she's fighting for more accessibility in the industry.

A post shared by Youleanmeup (@youleanmeup)Apr 30, 2020 at 3:27am PDT

Morse was born deaf and believes that the fitness industry isn't inclusive enough.

One of her main gripes, she told Insider, is that workout classes aren't visual enough for the deaf community.

"There's always so much talking throughout classes and a lot less action!" she said.

"Usually the major barrier in the fitness industry is the fact that the classes are always based in such dark environments.

"Fitness classes tend to be very dependent on having music to go along with the vibe but in all honesty, they often forget about the importance of being visual."

Morse created her own coaching platform with subtitles and voiceovers on all videos. India Morse

Morse, who's 29 and based in London, UK, said that unless you tell an instructor you're deaf beforehand so they can use more hand gestures or write down information for you, there's rarely anything done.

Of course, over the past few months fitness classes have moved from boutique studios to Instagram Lives, but these are no better for the deaf community.

"The virtual live classes, especially on Instagram, aren't really accessible as they keep moving around whilst I'm having to try to lip-read them or they suddenly shout out that they are changing the workout at the last minute which I don't know as I cannot hear," Morse said.

"Prior to the workouts beginning, I have tried following what they are saying but due to the lack of being visual in their explanations I regularly get lost and don't know what to do, and then they suddenly say 'go' and the workout is in full swing!"

Morse said it affected her a lot at first, but then she adapted and decided she would simply have to create her own workouts. And that's what she did.

With 14,000 followers on Instagram, Morse is a micro-influencer.

However, she believes the social network should be doing more to cater for the deaf community.

"I would say it has poor accessibility, for example live workouts without any captions," Morse said. "It would be amazing if they considered this."

A post shared by Youleanmeup (@youleanmeup)Apr 8, 2020 at 11:23am PDT

It's not just Instagram though Morse laments the fact that podcasts aren't accessible to her either.

"I am really gutted that I miss out on all of the podcasts out there, a lot of people have mentioned them and how they have really helped them," she said.

"It's just such a shame that I'm not able to access such information as I would like to be well educated instead, I'm often behind with things."

In May 2020, Morse launched her online coaching app, Coaching By India: a whole platform with captions and an interpreter voicing everything Morse signs in video demonstrations.

"This means that absolutely no-one can miss out, it isn't just for the deaf community and I want to encourage anyone and everyone to get involved!" she said.

A lot of her clients are people who've faced accessibility issues within fitness.

"They are so happy to have me as their online coach now because I am able to communicate with them with no barriers," she said.

"Happy clients = happy and healthier lifestyle!"

A post shared by Youleanmeup (@youleanmeup)May 7, 2020 at 11:44am PDT

Morse feels so passionately about what she does because she loves seeing people "smiling, gaining confidence in themselves, and achieving their goals with my encouragement," she said.

And she certainly pushes her clients, saying she's "strict" during training.

"I tend to shout a lot (in a nice way, I promise!)" Morse said. "Maybe my deaf clients cannot hear me, thank goodness for that!"

Each sessions lasts 30 to 45 minutes, so they focus and work hard.

"The best thing about my clients is their determination to push themselves to show what they can do, along with my support all the way," she said.

Although she was sporty at school, it wasn't until her early 20s that Morse really got into fitness, prompted by a bad break-up and the need for a distraction.

Morse works out regularly but knows the value of rest days and recovery, she eats well but still enjoys chocolate and McDonald's burgers from time to time.

A post shared by Youleanmeup (@youleanmeup)Apr 27, 2020 at 12:50pm PDT

"I'm always telling my clients it's fine as long as they fit it into their macronutrient [carbohydrates, protein and fat] targets too," Morse said.

"I really am all for representing a balanced lifestyle and want to show people that they can enjoy food still."

So if you're craving something specific, don't deprive yourself as you'll likely just end up overindulging later, she said.

"I hold my hands up to the fact I still have some chocolate every day but do not believe in overindulging and then beating yourself up about it," Morse said.

"I am an advocate for eating what you want, just in smaller quantities."

Morse says that the smallest of changes could have the biggest differences when it comes to welcoming the deaf community into the fitness industry.

"Fitness could be made more accessible by doing such simple things, like adding captions and just being more visual," she said.

"Just imagine if you were deaf or put in your earplugs and see how you get on then you'll know how to make it more accessible!"

Instagram did not immediately respond to Insider's request for comment.

Read more:

A food influencer and personal trainer explains how she fits indulgent treats into her diet without gaining weight

A plus-sized woman criticized slimmer influencers for 'taking up too much space' in the body positivity sphere, and it sparked a huge debate

2 fitness influencers attempted some of the couple workouts trending on social media to show how 'ridiculous' they are

See the rest here:
Meet the deaf fitness instructor calling for more accessibility in gyms and on social media - Insider - INSIDER

24 Hour Fitness CEO Tony Ueber (LinkedIn, Getty)

24 Hour Fitness is in talks with entities to find a stalking horse bidder ahead of a court-supervised bankruptcy.

The mid-tier fitness chain, which operates more than 430 gyms, is seeking the stalking horse bidder before it files for bankruptcy, Bloomberg reported. The possible Chapter 11 filing would cut the companys debt and put lenders in control. Investment bankers at Lazard and attorneys at Weil, Gotshal & Manges are advising the gym on the process.

24 Hour Fitness is productively engaged with its creditors to explore strategic options and ensure the company is well positioned to serve its members nationwide for the long-term, a spokesperson for the gym operator wrote to Bloomberg.

Gyms were hit hard by the pandemic New York Sports Club is also considering filing for bankruptcy, and a market research firm estimated that the fitness industry could shrink from an $85 billion industry to a $45 billion industry this year.

But 24 Hour Fitness troubles predate the widespread stay-at-home orders and social distancing. Last year, it reported a 2 percent decline in revenue in its unaudited fourth-quarter earnings report, and membership dropped from 3.5 million to 3.4 million from the second to third quarter last year.

The company was also saddled with $1.3 billion after a leveraged buyout in 2014 by AEA Investors and a Canadian pension fund. Talks to restructure that debt load failed in March, just as the pandemic set in. [Bloomberg] Georgia Kromrei

Excerpt from:
24 Hour Fitness in talks with bidders ahead of bankruptcy - The Real Deal

HARRISONBURG, Va. (WHSV) -- Valley Fitness owner Val Holmes was elated to reopen her gym in Harrisonburg on Friday.

"I don't remember being this excited in a very very long time," Holmes said. "It's better than Christmas, it's better than my 21st birthday if you can believe that."

Valley Fitness has added special safety precautions, adding sanitizing stations in every room, personal towels and a waiver requiring people working out to say they have not been sick. They've also distanced equipment and workout spaces.

"We put out the equipment and we put the equipment back," Holmes said. "In other words the members don't go get their own equipment. Unless they're done with it, they leave it so we can sanitize it."

Valley Fitness opened at 30 percent capacity. Holmes estimated they'd have somewhere from 200 to 300 people throughout Friday working out.

Holmes is looking forward to things going back to normal.

"I want to be able to stay open," Holmes told WHSV. "So I want to make sure we do this thing right, we're following the regulations, we're keeping the 10 foot distancing rule so that there's not a huge spike and we don't go backwards, because my goal is to go forward."

Read more from the original source:
Valley Fitness in Harrisonburg elated to re-open - WHSV

Editor's note: This column is part of a series by Lakeshore residents about their experiences living through the COVID-19 pandemic.

As a former college athlete, sports have molded who I am today. While the health and fitness benefits of athletics are evident, its the intangible elements that make it so special for so many people. For me, sports have provided a field for me to push myself, release stress, and have been the beginning of some of my most treasured relationships.

My love for sports also served as a catalyst for my career as a physical therapist. I've witnessed the true power of competition firsthand in my experience working alongside Olympians at the Olympic Training Center in Colorado and the Association of Volleyball Professionals players in Chicago. Sports have the rare ability to transcend political and cultural divides, pivot the course of lives and provide entire communities, regions, and countries with hope.

As West Michigan continues to navigate through the COVID-19 pandemic, hope will guide us to brighter days ahead.

Essential service

Amid the COVID-19 outbreak in March, the U.S. Department of Homeland Security deemed physical therapy as an essential part of peoples health and wellness. Throughout the pandemic, we continue to help our patients get stronger and back to their daily activities.

During our continued service, The Center for Physical Rehabilitation has been honored to treat front-line medical staff, helping them get back to their job of saving lives. Of course, safety remains our top priority. With the help of telehealth video technology, our patients can access their full physical therapy appointments from the safety of their homes.

For patients who require in-person physical therapy sessions, we are careful to provide a safe environment. We screen everyone for symptoms before they enter the clinic, have reduced staff levels, require all team members and patients to wear necessary personal protection equipment and keep treatment tables spaced beyond the 6-foot social distancing restriction.

Opportunities to help

As people are returning to pre-COVID-19 routines, including fitness and sports, we are expanding our services with the recent opening of our ninth location in Jenison, at 1865 Georgetown Center Drive, Suite B. We provide outpatient physical therapy services, including specialties in orthopedic and sports medicine care, plus a dedicated pediatric area. As the manager of our new clinic, I am eager to start working with the Georgetown Township community.

I am grateful for every opportunity to help restore a patients health and hope. Regaining strength takes time, sweat, and sometimes tears, but I love seeing a patient go from surgery to confidently walking to playing on the soccer field again.

I look forward to using my experience working with world-class athletes to help local competitors and non-athletes alike achieve their goals and get back to a life without limits.

Rebekah VanZegeren is the director of sports physical therapy at The Center for Physical Rehabilitation and the manager of its Jenison office.

This article is part of The Lakeshore, a new featured section of Rapid Growth focused on West Michigan's Lakeshore region. Over the coming months, Rapid Growth will be expanding to cover the complex challenges in this community by focusing on the organizations, projects, programs, and individuals working to improve conditions and solve problems for their region. As the coverage continues, look for The Lakeshore publication, coming in 2020.

Continue reading here:
Finding new ways to support health and fitness during COVID-19 - Rapid Growth

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