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  • Roger Yao

Fitness Equipment Industry News - W32

2023-8-5

1. American brand, Xponential, announced revenue increased by 30% to US$77.3 million

Aug 03, 2023, Xponential, an American group class fitness brand, announced its financial report for the second quarter of 2023. Data show that during this period, revenue increased by 30% to US$77.3 million, and North American system-wide sales increased by 37% year-on-year to US$341.3 billion. Xponential is a fitness franchise brand with multiple group class sub-brands and the largest boutique fitness franchisee in the United States. In the second quarter of this year, the company has sold 234 franchise licenses and opened 144 new studios . It is worth noting that 4 of its brands, Club Pilates, Pure Barre, StretchLab, Yoga Six, were recently named top franchises by the US magazine Entrepreneur.

2. US company, FITBENCH released a new generation of FITBENCH ONE

3. China brand, KEEP launches new band B4 Lite with USD 26

4. Technogym's revenue in the first half of 2023 reaches 370 million euros, a year-on-year increase of 13.8%

5. Garmin fitness segment sales to grow 31% in second quarter of 2023


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