Today’s key global wellness news articles from around the world, impacting the industry and influencing the business of wellness.
Major labels are very keen to strike licensing deals with fitness tech startups, but they’re equally unkeen about the idea of other kinds of fitness brands using their music without the necessary agreements. Witness Sony Music’s new copyright infringement lawsuit against Gymshark, which makes a popular range of fitness clothing and kit.
Foxtrot is dancing across the nation. The trendy convenience store startup yesterday said it will add 50 new locations within the next two years. (Hey, we told you retail space will be gobbled up post-pandemic.) The Chicago-based chain, which currently has 13 stores, is coming to cities including Los Angeles, Miami, and New York City.
The global plant-based meat market bagged soaring revenue of more than $1 billion over 2020, according to new research. This occurred in the midst of the COVID-19 pandemic, which is a driving factor in the industry’s success, researchers claim. And, as a result of this, demand soared and plant-based meat alternatives welcomed vast investment.
The latest amenity in high-end developments takes wellness to a new level, helping residents get in touch with their inner selves. Jardine apartments in Los Angeles have all the trappings of luxury living in 2021: touch-less elevators, a rooftop gym and a pool with private cabanas.
The pandemic was good for activewear brands. Stuck inside, people craved comfortable clothes. Lululemon saw an 88% increase in sales in the first quarter of 2021, while Under Armour reported a 35% year-over-year increase in 2020. But now, people are going back into the real world, complete with office hours and social events.