The game-changing investment, acquisition and funding news impacting the industry and driving the business of wellness this week.
After group fitness studios were left out of gym reopenings in New York City, the New York Fitness Coalition and the Boutique Fitness Alliance, which include more than 2,000 gyms and studios, sued the city of New York and Mayor Bill de Blasio.
LONDON – Having put its money behind the honeybee-based hair-care brand Gisou earlier this year, Vaultier7 continues to bank on the body and wellness space. Its latest investment is in the French firm Joone, which specializes in eco-conscious baby and mother-care products ranging from diapers to derma-cosmetics.
From detecting mood swings to monitoring stress, Amazon Halo and Fitbit Sense are the latest tech launches helping to track wearers’ mental wellness. As we discuss in Beyond Burnout and CES 2020: Personal Electronics, brands are looking beyond traditional physical health metrics to help consumers understand and hack their mental health.
Even though some shoppers are still hesitant to visit stores, not every retailer is shying away from opening new brick-and-mortar locations. Lululemon CEO Calvin McDonald said on Tuesday during the company’s second quarter earnings that it plans to open about 70 pop-up locations during the second half of this year.
Vegan and vegetarian ready meals have gone from being a rare sight on supermarket shelves to a readily available option. Research from Eating Better, an alliance of 60 civil society groups, surveyed 2,404 ready meal products across all of the main UK supermarkets.
In 2019, JAXJOX debuted the Kettlebell Connect, a $349 smart kettlebell with adjustable weights, activity tracking, plus Peloton-like subscription classes. Later that year, the company released the $99 Foam Roller Connect, which has five vibration intensities and three massage zones.
The rebrand focuses on two main aspects: packaging design and emphasizing third-party certification. The packaging was updated to not only be more sustainable, but to also better communicate what Pai is and its brand positioning, which dovetails with third-party certification as a way to provide credibility.
Impossible Foods announced its plant-based sausage product will be available in Hong Kong starting Thursday.What Happened: This is the first expansion for the “Impossible Sausage Made From Plants” outside of the United States, the Redwood City-based company said in a statement.Impossible Sausage