Welltodo Today: Banks Move Into Wellness, The Honest Company Goes Public, Bamford Heads To The Maldives

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

Banks Moving Into Wellness, HSBC Announces New Global Partnership

We’ve all heard the saying “Health is Wealth.” But each year 10% of the global GDP, more than $8 trillion, is spent on health without really defining what holistic health is. What we do know is that preventing and managing disease includes choices made and actions taken by individuals to be well not just physically, but emotionally, socially and financially.

Plant-based meat companies need to stop fighting each other and fight industrial agriculture instead

Despite whatever preconceptions you might have of plant-based food and the people who eat it as hippy-dippy peace and love types, in business the vegan food industry shows its teeth. If you’re someone who watches this industry, you already know that brand competition can sometimes be a little less than friendly.

Jessica Alba earns $2.6m as her wellness brand goes public

Jessica Alba earned a significant amount of money after her wellness brand, The Honest Company, went public on Wednesday (5 May). Raising $413 million in its IPO, The Honest Company opened with its price rising more than 40 percent intra-day, and closing at $23 per share.

Rival Skincare Giants Unite to Tackle Climate Crisis | Stylus

In collaboration with four fellow ‘clean’ skincare brands, UK-based REN Clean Skincare has launched its #WeAreAllies campaign – an industry-first initiative to help tackle the environmental crisis regarding packaging waste. The campaign challenges industry convention by forming a unique alliance between competitor brands with the shared goal of protecting the planet.

Ken Campling says Bannatyne is repositioning as a wellness provider – locations with spas are ‘much more profitable’

Health club operator Bannatyne is repositioning itself as a wellness provider, as it looks to bounce back from the effects of the pandemic lockdowns. Speaking exclusively to HCM, Bannatyne’ FD, Ken Campling, says the decision has been partly driven by the fact that clubs with spas are up to 25 per cent more profitable.

Council Post: The Rise Of Athleisure In The Fashion Industry And What It Means For Brands

Chief Marketing Officer at Launchmetrics , the leading Brand Performance Cloud in Fashion, Luxury and Beauty The sportswear industry is clearly a winner in 2021 as consumers continue to spend time at home exercising and seeking comfort in trying times. Although the fashion industry struggled last year, it seems that activewear and athleisure brands flourished more than ever.

The Ritz-Carlton, Maldives Set To Partner With Holistic Wellness Brand Bamford

The Ritz-Carlton Maldives, Fari Island has recently announced that it will be partnering with holistic wellness brand Bamford upon its opening on June 1, 2021 The modern spa was designed by Kerry Hill Architects and will seamlessly blend into the natural splendor of the Maldives by pulling inspiration from the sparkling turquoise waters that surround the resort.

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