Today’s key global wellness news articles from around the world, impacting the industry and influencing the business of wellness.
US-based ice cream manufacturer Wells Enterprises has acquired low-calorie ice cream brand Halo Top from Eden Creamery for an undisclosed figure. Halo Top produces a wide range of low-calorie ice creams, and was one of the first major brands to build a strong presence in the low-calorie ice cream space.
During an Oval Office briefing on Wednesday, President Donald Trump announced that the administration will propose a ban on flavored e-cigarettes. Health and Human Services Secretary Alex Azar said that the Food and Drug Administration (FDA) will institute the policy within the next couple of months, reports CNN, but the question of what that will mean for brands selling vaporizers filled with CBD or vitamin cartridges (rather than those filled with tobacco and nicotine) remains to be seen.
Anytime Fitness parent Self Esteem Brands acquires The Bar Method – reveals worldwide franchise plans
Self Esteem Brands, the parent company of Anytime Fitness, has purchased The Bar Method – a low-impact fitness franchise with 123 studios across US and Canada – for an undisclosed sum. The Bar Method was developed by founder Burr Leonard and its flagship studio opened in San Francisco in 2001.
One of the nation’s top yoga studio chains takes its name from a simple slogan. The company calls itself YogaWorks, according to its website, because yoga works for every body. But that inclusive message, employees say, doesn’t extend to the company’s labor practices – and in order for it to live up to its lofty ideals, it must change.
Sportswear giant JD Sports has reported stellar sales as the “athleisure” boom turns trainers and hoodies into big business. The retailer was the biggest riser in the FTSE 100 on Tuesday after underlying sales at its UK stores jumped 10% in the first half of its financial year.
Private equity has been gaining a larger foothold in the CBD space, despite cannabis’s still opaque legal regulations. Investors often have a shared hope of growing a brand that will be ripe for acquisition when beauty conglomerates and CPG companies are ready to take the leap forward.
Twitter has announced a new director to lead its health and wellness vertical in the U.S. Lisa Bookwalter, whose official role is director, Twitter client services, health, will be responsible for driving partnerships and revenue growth following nearly nine years at Healthline Media – the second.
Kellogg-owned MorningStar Farms has announced plans to release a new plant-based line, including its first ready-to-cook meat alternative burger. Called Incogmeato, the range will be available in the US in early 2020 and will consist of: refrigerated plant-based burger patties, frozen plant-based Chik’n tenders and frozen plant-based Chik’n nuggets.