News: Retail
New research confirms ongoing challenges in alcohol consumption and overweight children
A new study shows Australia is facing public health challenges relating to alcohol consumption and overweight children. The study Measuring the health-related Sustainable Development…
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KFit exits Australian market
Exclusive: Mobile fitness-sharing platform KFit is to exit the Australian market from the end of October, looking to focus its operations in South East Asia and Hong Kong. Launched…
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Quadrant Private Equity adds Jetts to fitness sector acquisitions in $100 million deal
Following on from its acquisition of Goodlife Health Clubs last month, private equity firm Quadrant has reportedly acquired 24/7 gym franchisor Jetts in a deal worth $100 million.…
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Nike launches ‘reimagined running track’ in the centre of Manila
As part of a promotion, Nike has operated a massive pop-up running track, where sprinters were able to race against their own avatar, in the centre of the Philippine capital of Manila.…
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Flip Out opens the Middle East’s largest trampoline park
Australian-based Flip Out has recently opened the Middle East’s largest indoor trampoline park in Dubai. Operating since May, the facility offers a network of 200 interconnected…
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While its fitness industry grows, China’s 1.3 billion people are still not getting enough exercise
Amid annualised growth of 11.8% between 2011 and 2016, China’s fitness industry is set to generate US$5.81 billion in revenues in 2016, according to a recently released report from…
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Easter trading law change to boost New Zealand tourism
Industry body Tourism Industry Aotearoa believes that New Zealand’s new Easter Sunday trading law will benefit both the tourism industry and local economies. Tourism Industry…
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Nike and adidas’ golf exit prompted by the rise of cycling?
An article on the BBC News website has delved into the recent moves by both giant sport brands Nike and adidas to scale back their involvement in golf to shoes and apparel, divesting…
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