Welltodo Today: Setbacks For Peloton, GymPass X SoulCycle, The Black Women Funding Wellness

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

Peloton issues disappointing outlook and cuts Bike price

Peloton Interactive LLC updates Sign up to myFT Daily Digest to be the first to know about Peloton Interactive LLC news. Fitness technology group Peloton delivered a disappointing sales outlook for the current quarter and warned that its profitability would be hit by higher commodity costs and lower prices for its most popular video-connected exercise bikes.

Sorry, Dunkaroos: Nostalgia-hungry millennial parents crave healthier lunch box snacks for their kids

When Jessica and Ian Saultz moved with their toddlers from Germany to the US in 2018, they were disappointed in the supermarket snack options for young kids. “There’s a halfway decent amount of good quality stuff for [babies]and older kids,” Ian told Retail Brew.

With plans to hire 8K employees, Lululemon raises hourly pay

Lululemon is framing this as an appreciation for its workforce and a reflection of its values, but the macro environment probably has something to do with it, too. “These base pay increases remain consistent with our top quartile rewards philosophy and align with our values to support and elevate our people,” Susan Gelinas, senior vice president of people and culture, said in a statement.

Gympass, World’s Largest Corporate Wellbeing Platform, Signs Exclusive Global Deal with Soulcycle

Club Industry was not involved in the creation of this content. | Gympass, World’s Largest Corporate Wellbeing Platform, Signs Exclusive Global Deal with Soulcycle

Meet 3 Black Women Helping to Fund the Future of Beauty and Wellness

Black women in the U.S. are starting businesses at six times the national average. Our companies are collectively generating billions of dollars in revenue each year and creating millions of jobs as a result. Yet, receiving ample financial support continues to be a leading challenge for Black female founders.

The Future of the Gym Is Hybrid (Just Like the Office)

Every morning, Daniela Costanzo wakes up at 5, drinks a cup of coffee, feeds her two dogs, then heads to DFit, the Montclair, N.J.-based workout studio she’s owned for the past decade. Last Wednesday was no different, except for one relatively new pre-class ritual Ms. Costanzo added to her routine during the pandemic.

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