NordicTrack

iFIT, Inc. Names Kevin Duffy Chief Executive Officer

Retrieved on: 
Tuesday, October 4, 2022
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LOGAN, Utah, Oct. 4, 2022 /PRNewswire/ -- iFIT, Inc. ("the Company"), a leader in connected fitness hardware, software, and subscription content powered by leading equipment brand NordicTrack and the streaming fitness media platform, iFIT, today announced that Kevin Duffy has joined as Chief Executive Officer, effective immediately.

Key Points: 
  • LOGAN, Utah, Oct. 4, 2022 /PRNewswire/ -- iFIT, Inc. ("the Company"), a leader in connected fitness hardware, software, and subscription content powered by leading equipment brand NordicTrack and the streaming fitness media platform, iFIT, today announced that Kevin Duffy has joined as Chief Executive Officer, effective immediately.
  • Kevin Duffy has nearly 25 years of experience, including two decades leading branded consumer technology companies.
  • Mr. Duffy joined Sound United in 2003 and prior to serving as CEO, he held a variety of roles at the Company, including CFO while it was publicly traded on NASDAQ.
  • Mr. Duffy's appointment follows the hiring of Dale R. Gerard as Chief Financial Officer and Andy Donkin as Chief Customer Officer in June and August 2022, respectively.

Hydrow Announces Settlement of Patent and Trade Dress Infringement Lawsuit Against iFIT

Retrieved on: 
Wednesday, September 14, 2022
Professional Services, Retail, Health, Legal, Fitness & Nutrition, Specialty, Water, Athlete, Running, NordicTrack, CEO, Community Rowing, Inc., Yoga, IFit, Patent, Founder, Basic Law: Israel as the Nation-State of the Jewish People

Hydrow , the leading at-home connected rower that brings the on-water experience of rowing straight to the home, today announced that the company has reached a settlement agreement with iFIT, resolving an ongoing lawsuit filed by Hydrow earlier this year.

Key Points: 
  • Hydrow , the leading at-home connected rower that brings the on-water experience of rowing straight to the home, today announced that the company has reached a settlement agreement with iFIT, resolving an ongoing lawsuit filed by Hydrow earlier this year.
  • In February 2022, Hydrow filed a design patent and trade dress infringement action against iFIT and its NordicTrack RW700 and RW900 rowers.
  • As a part of the settlement, iFIT agreed to redesign certain aspects of the rowers named in the lawsuit.
  • Hydrow is the leading at-home connected rower that leverages innovative technology to bring the on-water, outdoor experience of rowing to the home.

iFIT Appoints Andy Donkin Chief Customer Officer

Retrieved on: 
Thursday, August 25, 2022
Software, Global marketing, NYSE, Weider, Awareness, Solution, Treasury, Amazon Prime Video, Director, Chief customer officer, Mass marketing, L Catterton, Goal, NordicTrack, CFO, Athlete, Company, Global Brands Group, IFit, Marketing, Amazon, Growth, Health, Travel, Online shopping, Pro-form, Perspiration

LOGAN, Utah, Aug. 25, 2022 /PRNewswire/ -- iFIT, a leader in connected fitness hardware, software and subscription content, announced today that Andy Donkin, former Chief Marketing Officer of Alexa Auto at Amazon, has joined iFIT as its Chief Customer Officer.

Key Points: 
  • LOGAN, Utah, Aug. 25, 2022 /PRNewswire/ -- iFIT, a leader in connected fitness hardware, software and subscription content, announced today that Andy Donkin, former Chief Marketing Officer of Alexa Auto at Amazon, has joined iFIT as its Chief Customer Officer.
  • Collectively, Andy spent over nine years with Amazon as Alexa Auto's Chief Marketing Officer, Head of Global Marketing, Prime Video and Head of Global Brand and Mass Marketing.
  • As iFIT's Chief Customer Officer, Mr. Donkin will oversee the Company's marketing, creative, content and ecommerce functions.
  • Marc Magliacano, iFIT Board of Director and a Managing Partner at L Catterton, said, "We are excited and privileged to announce the hiring of Andy Donkin as iFIT's Chief Customer Officer.

Outlook on the Home Fitness Products Global Market to 2027 - Development of Multipurpose Equipment and Connected Fitness Device Technology Presents Opportunities

Retrieved on: 
Wednesday, July 13, 2022
Technogym, Market development, Octane Fitness, LLC v. ICON Health & Fitness, Inc., COVID-19, Peloton, Amer Sports, Ansoff Matrix, SWOT, Impact, York Barbell, Geography, Fitness, Johnson Health Tech, Risk, Observation, Porter's five forces analysis, FTM Fitness World, Adidas, Cybex International, USD, Price point, Investment, Channel, CAGR, Competitive analysis, Technology, Growth, Numeral prefix, Icon Health & Fitness, Industry, Emotion, Retail, Risk management, Pharmaceutical industry, Methoprene, Nautilus, Pro-form, NordicTrack

The Global Home Fitness Products Market is estimated to be USD 11.29 Bn in 2022 and is projected to reach USD 19.57 Bn by 2027, growing at a CAGR of 11.63%.

Key Points: 
  • The Global Home Fitness Products Market is estimated to be USD 11.29 Bn in 2022 and is projected to reach USD 19.57 Bn by 2027, growing at a CAGR of 11.63%.
  • Market dynamics are forces that impact the prices and behaviors of the Global Home Fitness Products Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the Global Home Fitness Products Market.
  • The report analyses the Global Home Fitness Products Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Pollock Cohen LLP: Class Action Lawsuit Filed Against NordicTrack For Cancelling Live iFIT Fitness Classes

Retrieved on: 
Wednesday, July 13, 2022
IFit, GLOBE, Peloton, Exercise, Software, NordicTrack

The lawsuit was filed on behalf people who purchased NordicTrack machines equipped with the companys iFIT software and live fitness classes.

Key Points: 
  • The lawsuit was filed on behalf people who purchased NordicTrack machines equipped with the companys iFIT software and live fitness classes.
  • Even though live fitness classes are no longer offered through an iFIT subscription, NordicTrack has not offered customers any discounts or compensation despite the materially diminished service.
  • Live fitness classes are a major reason people purchased a NordicTrack machine, said Raphael Janove, an attorney with New York-based law firm Pollock Cohen LLP which represents the plaintiffs.
  • In 2021, NordicTrack customers streamed 142 million live and on-demand workouts, and iFIT has over 6.1 million subscribers.

iFIT Names Dale R. Gerard Chief Financial Officer

Retrieved on: 
Thursday, July 7, 2022
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LOGAN, Utah, July 7, 2022 /PRNewswire/ -- iFIT, a leader in interactive fitness hardware, software, and subscription content, announced today that Dale R. Gerard has joined iFIT as Chief Financial Officer.

Key Points: 
  • LOGAN, Utah, July 7, 2022 /PRNewswire/ -- iFIT, a leader in interactive fitness hardware, software, and subscription content, announced today that Dale R. Gerard has joined iFIT as Chief Financial Officer.
  • Mr. Gerard comes to iFIT with more than 25 years of finance, treasury, and operational experience with significant consumer technology and subscription services experience after spending the last 12 years at Vivint, a publicly-traded (NYSE: VVNT), leading smart home platform, serving most recently as its Chief Financial Officer.
  • As Vivint's CFO, for the last three years, Mr. Gerard was integral in successfully taking the company public in January 2020.
  • Marc Magliacano, iFIT Board of Director and a Managing Partner at L Catterton, said, "We are excited and privileged to announce the hiring of Dale R. Gerard.

Peloton and iFIT Announce Settlement of All Pending Litigation

Retrieved on: 
Monday, May 16, 2022
Apple TV, IOS, Pro-form, NASDAQ, Organization, Solution, Health, IFit, Roku, Android TV, Android, Industry, Amazon Fire TV, Technology, Weider, Chromecast, Comment, NordicTrack, Mobile phone, Perspiration

NEW YORK and LOGAN, Utah, May 16, 2022 /PRNewswire/ -- Peloton (NASDAQ: PTON) and iFIT announce today the settlement of all pending litigation between them.

Key Points: 
  • NEW YORK and LOGAN, Utah, May 16, 2022 /PRNewswire/ -- Peloton (NASDAQ: PTON) and iFIT announce today the settlement of all pending litigation between them.
  • As a result of this comprehensive settlement, iFIT has agreed to remove certain on-demand leaderboard technology from its products, and Peloton has agreed to license certain iFIT patents relating to remote control technology.
  • Organizations and enterprises have the opportunity to access select Peloton products and the platform for their teams and customers through Peloton Corporate Wellness or Peloton Commercial.
  • iFIT is a pioneer and leader in the health and fitness industry with more than 400 issued and pending patents.

iFIT Trainer Tommy Rivers Puzey To Lead iFIT Race Series Filmed Live During 2022 Boston Marathon

Retrieved on: 
Monday, April 18, 2022
Family, Perseverance, Apple Store, Weider, Pro-form, Malnutrition, NHRA Camping World Drag Racing Series, Official, Life, Clive Puzey, Chromecast, Apple TV, NordicTrack, Boston Marathon, Lymphoma, Smartphone, Muscle atrophy, Love, Technology, Google Play, Interactivity, Solution, Nursing, IFit, Coma, Boston, Health, Survival, Online shopping, Mobile phone, Perspiration

LOGAN, Utah, April 18, 2022 /PRNewswire/ -- iFIT, a global leader in connected fitness software, content and equipment, today announced that iFIT Trainer and elite runner Tommy Rivers "Rivs" Puzey will lead the iFIT Race Series during the 2022 Boston Marathon on Monday, April 18. iFIT will film the race live as part of its multi-year sponsorship as the Official Connected Treadmill and Digital Fitness Content Subscription partner of the Boston Marathon.

Key Points: 
  • Puzey had been planning the Boston Marathon as the natural next step in his recovery following last November's New York City Marathon.
  • iFIT will offer the Boston Marathon race series as a multi-part on-demand workout series for iFIT-enabled NordicTrack, ProForm and Freemotion treadmills.
  • The iFIT Boston Marathon race series will be available on demand later in 2022, and will segment the 26.2 miles into a multi-part series.
  • Those running on treadmills without iFIT technology will be able to stream the Boston Marathon race workouts and make speed and incline adjustments manually.

iFIT Health & Fitness Announces $355 Million Capital Raise

Retrieved on: 
Monday, February 28, 2022
Software, Finance, Hardware, Health, Professional Services, Technology, Fitness & Nutrition, Other Technology, Health, Board of directors, Partnership, Growth, Efficiency, NordicTrack, Industry, Company, Exercise, News, Technology, IFit, Solution, Director, Time, Management, Pro-form, Perspiration

iFIT Health & Fitness (iFIT or Company), a global leader in connected fitness and interactive content with its extensive portfolio of iFIT and Sweat streaming platforms, and its highly innovative equipment brands NordicTrack and Proform, today announced a significant capital raise anchored by L Catterton, the largest global consumer-focused private equity firm.

Key Points: 
  • iFIT Health & Fitness (iFIT or Company), a global leader in connected fitness and interactive content with its extensive portfolio of iFIT and Sweat streaming platforms, and its highly innovative equipment brands NordicTrack and Proform, today announced a significant capital raise anchored by L Catterton, the largest global consumer-focused private equity firm.
  • I am personally investing alongside L Catterton, one of the worlds most successful health and wellness investors, in this capital raise.
  • The iFIT member proposition remains superior to competitive offerings and with the new capital raise combined with our partnership, we believe the best of iFIT is yet to come.
  • iFIT is a pioneer and leader in the health and fitness industry with more than 400 issued and pending patents.

Joy Bauer and The Incredible Egg Launch First-Ever Complete Training Table Contest, Inspiring Egg Lovers to Achieve their Healthy New Year Resolutions

Retrieved on: 
Tuesday, January 18, 2022
ATC, Research, Completeness, CEO, American Egg Board, Athlete, Egg, Instagram, NordicTrack, Goal, AEB, WTA Fan Favorite Awards, Education, Motivation, Multimedia, Joy Bauer, Meal, Contest, Poultry, RD

Celebrating the power of high-quality protein, the Incredible Egg and Joy Bauer encourage consumers, health professionals and athletes alike todiscover ways to fuel their day with eggs.

Key Points: 
  • Celebrating the power of high-quality protein, the Incredible Egg and Joy Bauer encourage consumers, health professionals and athletes alike todiscover ways to fuel their day with eggs.
  • "One of my 2022 resolutions is to find unique ways to add more protein into my meals," said Joy Bauer.
  • "I am excited to partner with the Incredible Egg to launch the Complete Training Table Contest and share delicious egg recipes full of protein and flavor to kick off the new year on a healthy note."
  • Home of The Incredible Egg, the American Egg Board (AEB) is the national marketing organization of America's egg farmers.