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LIFTS Episode 23 - Industry Shakeup: Orangetheory Merges with Self Esteem Brands & Bowflex Joins Johnson Health Tech

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Content provided by Scott Averette and Escape Fitness. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Averette and Escape Fitness or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

After a few weeks of broadcasting inspiring interviews with the movers and shakers at international events, welcome back to our regular L.I.F.T.S, a bite-size dose of the Latest Industry Fitness Trends and stories hitting the headlines and stirring up debate.

In this week’s episode, hosts Matthew Januszek, Co-Founder of Escape Fitness and Mo Iqbal, Founder & CEO of SweatWorks, are joined by Andrew Kolman, Vice President of Global Product Development, Matrix Fitness at Johnson Health Tech. Conversation focuses on three news-busting stories: the merging of two brand titans - Orangetheory and Self Esteem Brands, the acquisition of Bowflex by Johnson Health Tech and the raising of $1.8 Billion by Equinox.

In this LIFTS podcast topics include:

● The potential impact of a merger between Orangetheory and Self Esteem Brands.

● The challenges and opportunities of merging two hugely successful brands.

● Leveraging fitness brands for cross-promotion and personalized experiences.

● The potential that drove Johnson Health Tech ‘s acquisition of Bowflex.

● Managing the fusion of fitness and entertainment.

● The impact of Equinox’s $1.8 billion investment on the wider industry.

● Designing fitness lines to address under-served market segments.

● Fitness industry trends, premium offerings, consumer behavior.

======================================================

Subscribe to our YouTube channel and turn on your notifications so you never miss a new video when it’s published: https://www.youtube.com/user/EscapeFitness

Shop gym equipment: https://escapefitness.com/shop

View our full catalog:

https://escapefitness.com/support/catalog

https://escapefitness.com/support/catalogue

======================================================

Facebook: https://www.facebook.com/Escapefitness

Instagram: https://www.instagram.com/escapefitness

Twitter: https://www.twitter.com/escapefitness

LinkedIn: https://www.linkedin.com/company/escapefitness/

0:00 Intro

1:32 Merger of Orangetheory and Self Esteem Brands (Anytime Fitness)

2:20 Key role of data and analytics

4:26 Combining two franchise businesses for growth and the importance of a united leadership

7:20 Leveraging fitness brands for cross-promotion and personalized experiences

10:29 Johnson Health Tech’s acquisition of Bowflex

12:43 What made Bowflex such an attractive proposition

19:56 Managing the transition of fitness into the content and entertainment space

25:03 Equinox’s raising of $1.8 billion

28:10 Onyx: Designed to address under-served segments of the market

29:21 Fitness industry trends, premium offerings, consumer behavior.

  continue reading

364 episodes

Artwork
iconShare
 
Manage episode 412415609 series 2796728
Content provided by Scott Averette and Escape Fitness. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Averette and Escape Fitness or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

After a few weeks of broadcasting inspiring interviews with the movers and shakers at international events, welcome back to our regular L.I.F.T.S, a bite-size dose of the Latest Industry Fitness Trends and stories hitting the headlines and stirring up debate.

In this week’s episode, hosts Matthew Januszek, Co-Founder of Escape Fitness and Mo Iqbal, Founder & CEO of SweatWorks, are joined by Andrew Kolman, Vice President of Global Product Development, Matrix Fitness at Johnson Health Tech. Conversation focuses on three news-busting stories: the merging of two brand titans - Orangetheory and Self Esteem Brands, the acquisition of Bowflex by Johnson Health Tech and the raising of $1.8 Billion by Equinox.

In this LIFTS podcast topics include:

● The potential impact of a merger between Orangetheory and Self Esteem Brands.

● The challenges and opportunities of merging two hugely successful brands.

● Leveraging fitness brands for cross-promotion and personalized experiences.

● The potential that drove Johnson Health Tech ‘s acquisition of Bowflex.

● Managing the fusion of fitness and entertainment.

● The impact of Equinox’s $1.8 billion investment on the wider industry.

● Designing fitness lines to address under-served market segments.

● Fitness industry trends, premium offerings, consumer behavior.

======================================================

Subscribe to our YouTube channel and turn on your notifications so you never miss a new video when it’s published: https://www.youtube.com/user/EscapeFitness

Shop gym equipment: https://escapefitness.com/shop

View our full catalog:

https://escapefitness.com/support/catalog

https://escapefitness.com/support/catalogue

======================================================

Facebook: https://www.facebook.com/Escapefitness

Instagram: https://www.instagram.com/escapefitness

Twitter: https://www.twitter.com/escapefitness

LinkedIn: https://www.linkedin.com/company/escapefitness/

0:00 Intro

1:32 Merger of Orangetheory and Self Esteem Brands (Anytime Fitness)

2:20 Key role of data and analytics

4:26 Combining two franchise businesses for growth and the importance of a united leadership

7:20 Leveraging fitness brands for cross-promotion and personalized experiences

10:29 Johnson Health Tech’s acquisition of Bowflex

12:43 What made Bowflex such an attractive proposition

19:56 Managing the transition of fitness into the content and entertainment space

25:03 Equinox’s raising of $1.8 billion

28:10 Onyx: Designed to address under-served segments of the market

29:21 Fitness industry trends, premium offerings, consumer behavior.

  continue reading

364 episodes

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