Technogym Announces New CEOGAMBETTOLA, ITALY – Graziano Verdi will become the CEO of Technogym starting in January 2009, Technogym President Nerio Alessandri announced.... Sherborne Buys More Nautilus StockVANCOUVER, WA -- Sherborne Investors, which gained control over the board of Nautilus Inc. in a proxy fight last year, has increased its stake in the Vancouver, WA-based company.... Nautilus Records Loss in Third QuarterVANCOUVER, WA -- Nautilus Inc. recorded a loss from continuing operations of $35.4 million in the third quarter of 2008, according to a release from the company. ... Perfect Pushup Sues on Grounds of InfringementBy: By Stuart Goldman (stuart.goldman@penton.com) Perfect Pushup LLC, designer and distributor of the Perfect Pushup and Perfect Pullup fitness products, has filed suit against Ontel Products... Matrix Fitness Systems Merged Into Johnson Health Tech North AmericaBy: By Pamela Kufahl (pam.kufahl@penton.com) Johnson Health Tech Co. Ltd., based in Taichung, Taiwan, has merged its four U.S. subsidiaries. The new entity, named Johnson Health Tech North America Corp., combines... Fitness Segment Is a Bright Spot for BrunswickBy: By Pamela Kufahl (pam.kufahl@penton.com) Brunswick Corp.'s fitness segment had an 8 percent increase in sales due to a strong demand for commercial products in the third quarter of this year compared to last year... Precor Sells ClubCom to Zoom MediaBy: By Pamela Kufahl (pam.kufahl@penton.com) Precor has sold ClubCom to Zoom Media & Marketing, a New York-based provider of targeted out-of-home media and promotional programs for brand advertisers.... Cybex Experiences Ups and DownsBy: By Pamela Kufahl (pam.kufahl@penton.com) Cybex International Inc. reported third quarter 2008 net income of $300,000 compared to $4.6 million for the same period last year.... Pro ShopClickMix; ERC Wiping Products' Equipment and Surface Wipes; Matrix Fitness Systems' Functional Trainer; Bionic Tennis Gloves; Lebert Equalizer... Fitness Flooring Releases Bamboo Sports FloorBy: By Jennipher Shaver Fitness Flooring released Zenterra, the first bamboo sports floor designed specifically for group exercise and yoga.... Motionsoft Acquires CDSBy: By Jennipher Shaver Motionsoft Inc. is acquiring assets of Custom Design Systems, a gym software company, including CDS's PowerManagement Software.... Club Industry Show Offers Peek at New ProductsCHICAGO -- Buzz at the Club Industry show often centers on some of the new products being introduced at the show. This year was no exception. Several vendors released new products or upgrades of existing products. Following is a sampling of those introductions. ... Fitness Segment Is a Bright Spot for BrunswickBy: By Pamela Kufahl, editor LAKE FOREST, IL -- Brunswick Corp.’s fitness segment had an 8 percent increase in sales with a strong demand for commercial product in the third quarter compared to the third quarter of last year, providing Brunswick with at least one bright spot in an otherwise dismal third quarter. The Fitness segment is comprised of the Life Fitness division, which includes Life Fitness, Hammer Strength and ParaBody. Brunswick, which has seen difficulties in its marine division, released results for the third quarter of 2008 yesterday. ... Net Sales Up, Net Income Down at CybexMEDWAY, MA -- Cybex International Inc. reported third quarter 2008 net sales of $35.8 million compared to $32.6 million in third quarter 2007, but its net income for the quarter was $300,000 compared to $4.6 million during the same period last year, according to a release from the company. ... Motionsoft Acquires Custom Design SystemsSILVER SPRING, MD -- Motionsoft Inc. entered into an agreement to acquire the assets of Custom Design Systems (CDS), a privately held gym software company headquartered in Freehold, NJ. Motionsoft is acquiring CDS’s PowerManagement Software to further expand its footprint in the health, fitness and wellness markets. ... Precor Sells ClubComWOODINVILLE, WA -- Precor has sold ClubCom to Zoom Media & Marketing, a New York-based provider of targeted out-of-home media and promotional programs for brand advertisers in the United States and Canada. ClubCom, a provider of customized digital media networks for the fitness and bowling industries, had been part of Precor’s Fitness Division since 2004. Terms of the private transaction were not disclosed. ... Matrix Fitness Systems Merged into Johnson Health Tech North AmericaCOTTAGE GROVE, WI -- Johnson Health Tech, Co. Ltd., based in Taichung, Taiwan, recently announced it has merged its four U.S. subsidiaries. The new entity, named Johnson Health Tech North America Corp., combines Matrix Fitness Systems, Horizon Fitness, Vision Fitness and Johnson Health Tech Research and Development into one company.... Australia Music Licensing Issue Could Affect U.S.By: Jennipher Shaver Boston Faced with possible 3,000 percent increases in fees for playing copyrighted music in Australian group exercise classes, Fitness First Australia,... Houston Ys Sign Agreement with PrecorBy: Jennipher Shaver Houston The YMCA of Greater Houston recently signed a six-year agreement making Precor the exclusive supplier for its strength, cardio and entertainment... BTS Signs The Alaska Club and MVP ClubsBy: Jennipher Shaver Marietta, Ga Body Training Systems (BTS) signed agreements with The Alaska Club and MVP Sports Clubs to partner in supplying branded group fitness programs,... Nautilus Down $8.9M in Second Quarter 2008, Focusing on RetailBy: Jennipher Shaver Vancouver, Wa Despite a net loss of $8.9 million for the second quarter of 2008 compared to net income of $1.1 million for the second quarter of 2007,... Clubs Go Green with Clean, On-Site UtilitiesBy: Jennipher Shaver Waltham, Ma Some health club operators are getting in on the environmental movement by switching out their normal utility services for an on-site utility.... Pro ShopSoftware Whagaa Software delivers a complete mobile-training solution that utilizes video/audio on handheld devices, such as Smartphones, iPods and PDAs.... Slow Sales in North America Hurt PrecorHELSINKI, FINLAND -- Amer Sports, the Finnish parent company of Precor, had net sales of $441 million, a 14 percent decrease from the same period last year, according to a release from the company. Net sales for the fitness equipment division of the company decreased 17 percent. ... Nautilus Down $8.9 M, Focusing on RetailVANCOUVER, WA -- Nautilus had a net loss of $8.9 million for the second quarter of 2008 compared to net income of $1.1 million for the second quarter of 2007, according to the company, which announced its results in a conference call last week.... |
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