Welltodo Today: Adidas Closes Stores In Russia, TRIB3 Plans Expansion Into United States, Peloton To Explore Various Pricing Models.

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

Adidas Closes Its Stores in Russia

BERLIN-German sportswear company Adidas AG is closing its stores in Russia and suspending its online shop, joining a raft of Western businesses that have pulled out of the country. Adidas said it would suspend operations in Russia until further notice but continue to pay its employees there. Last w

TRIB3 Plans Expansion into the United States, Adds Rob Barker to Team

Boutique fitness franchise TRIB3 has started preparation to expand into the United States, bringing on board Rob Barker as non-executive director to help support that expansion, the company announc | The company has brought on former Precor and Peloton executive Rob Barker to help it with its expansion plans.

Struggling Peloton to test offering bike, workout subscription for one price

Peloton said on Thursday it would explore various pricing models in select US markets, as the exercise bike company looks to attract more customers and return to profitability. Peloton, which saw its shares tumble more than 80% in the past year due to waning demand for the company’s stay-at-home exercise equipment, is looking to revitalize sagging sales and win back investor confidence.

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