Welltodo Today: Investing In Food Delivery Startups, Athleisure Kills The Stiletto, Under Armour On The Assault

Today’s key global wellness news articles from around the world, impacting the industry and influencing the business of wellness.

Investors are losing their appetite for food delivery startups

The amount of money being invested into food delivery startups declined rapidly in the first quarter of 2016, according to research from venture capital analysis firm CB Insights. Grocery and restaurant delivery companies raised $609 million (£416 million) in the first quarter of the year, down from $2 billion (£1.4 billion) for the final quarter of 2015.

Upstart Under Armour launches assault on world’s giants

It has been a remarkable 20-year journey from a basement in Washington DC to the world’s fifth biggest sports brand, and Under Armour’s 24 consecutive quarters of net revenue growth above 20pc has analysts convinced that it will close the gap on Nike and Adidas in Europe.

How Athleisure Killed the Stiletto

It helps, too, that block-heeled pumps perfectly compliment the season’s must-have pants shapes. After years of skinny jeans, the past year has seen renewed interest in wide-leg and cropped flare styles-both of which, said Goldstein, call for “chunkier footwear.” A stiletto paired with an exaggerated wide-leg pair of pants, for instance, feels proportionally out of whack.

Health-Care VCs Emerge from Tech Investors’ Shadow

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