News: Finance
Xponential Fitness expands to operate 1,000 sites outside of North America
Xponential Fitness, the California, USA-based owner of leading boutique exercise brands, has expanded its network to over 1,000 sites outside of North America following its recent US$44…
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Facebook acquires VR fitness developer Supernatural
Continuing to expand its reach within the virtual reality sector, Meta - formerly known as Facebook - is reported to have acquired fitness developer Supernatural. The new acquisition will…
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Funding now available to assist Queensland’s nature refuge landholders
Queensland nature refuge landholders can now apply for a share of $500,000 under round five of the Queensland Government’s Nature Refuge Landholder Grants Program to help with…
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International Paralympic Committee advises of 26.7% revenue fall from Tokyo Games
The International Paralympic Committee (IPC) has advised that its year-on-year revenue fell by 26.7% to US$22.4 million for the 2020 financial period as a direct result of the postponement…
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What is driving the financial success of F45, Body Fit Training and Fitstop?
Seemingly unaffected by the COVID-19 related lockdowns and restrictions, recent months have seen Australian founded fitness brands F45, Body Fit Training and Fitstop attract unprecedented…
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Water Safety New Zealand invest $2 million in community drowning prevention programmes
Water Safety New Zealand (WSNZ) has announced the recipients of its 2021/22 annual contestable funding round, investing over $2 million in community drowning prevention programmes.…
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All Viva Leisure locations now open
After a four month period during which many of its locations were closed, Viva Leisure has advised that, following the reopening of fitness clubs in Victoria last week, all of its sites…
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Central Coast site set to be developed as new type of tourism precinct
The owners of a 120 hectare parcel of land on the NSW Central Coast that encompasses the former Old Sydney Town attraction have lodged plans to transform the site into Australia's…
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