The $94 billion fitness industry is reinventing itself as Covid-19 spreads

Business News News

The $94 billion fitness industry is reinventing itself as Covid-19 spreads
Business Business Latest News,Business Business Headlines

Gyms and fitness studios are largely dependent on physical locations and on-site staff. But the spread of coronavirus has shut their doors -- and inspired creativity and flexibility to adjust to a new reality.

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

New York The sudden shift has inspired creativity and flexibility for gyms and studios, which are largely dependent on physical locations and on-site staff.

The changes have rocked the fitness industry, which was worth $94 billion in 2018, according to The International Health, Racquet & Sportsclub Association. Some studios -- such as Modo Yoga, which has locations in the United States, Canada, Australia and France -- are offering free classes on Instagram Live. Other studios, including SoulCycle, closed all of its locations globally, hoping to reopen when conditions improve and the curve flattens.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNN /  🏆 4. in BUSÄ°NESS
 

Yeah, like buying a peleton

the new reality is to find a space in your home and make a gym..

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Carnival seeks $6 billion as Covid-19 pandemic devastates cruise industryCarnival seeks $6 billion as Covid-19 pandemic devastates cruise industryCruise operator Carnival Corporation is seeking at least $6 billion to weather the coronavirus crisis, after outbreaks aboard its cruise ships killed several passengers and sickened hundreds more. NO Let them sink... StateDept CDCgov HHSGov NIH Yale Yale Researchers Disinfect N95 Respirators For Reuse
Read more »



Render Time: 2025-01-14 08:55:27