The health and fitness subscription app ClassPass is facing a federal class-action lawsuit for allegedly representing itself as a partner to several small businesses without their knowledge or permission. As VICE reported Monday (Oct. 25), the suit, filed in Manhattan, claims ClassPass “unfairly and falsely”...
Mindbody, a wellness experience technology platform, has agreed to buy ClassPass, a monthly subscription service providing access to a large network of fitness and wellness experiences, according to a press release. The new deal will help make a “one-stop shop” for business owners and consumers,...
In today’s top news, fitness companies ClassPass and MindBody have reportedly been discussing a merger, and cross-border remittances were up in Western Union’s first-quarter earnings report. Plus, Paytronix has integrated Google to make online restaurant ordering easier. Report: ClassPass, Fitness Tech Firm MindBody Eye Merger,...
ClassPass and Mindbody, which provide technology to fitness companies worldwide, have been discussing a merger, Bloomberg reported, citing unnamed sources. The companies have also talked about going public once a merger is complete, but no deal has been reached, according to Bloomberg, which added that...
April 14, 2020
Americans have a complicated relationship with physical fitness, particularly when it comes to getting enough exercise. According to Centers for Disease Control and Prevention (CDC) data, only about 23 percent of American adults are getting the recommended amount of exercise per week, data consistent with measurements by the International Health, Racquet and Sportsclub Association (IHRSA) indicating that about a […]
April 06, 2020
It is not an easy time to be in the fitness business at present as gyms, fitness studios and wellness providers nationwide have been forced to close their doors and...
January 14, 2020
The subscription business model is growing sharply across the globe, and for good reason. Companies can bank on its recurring revenue stream to more confidently plan expansion, for example, and...
November 29, 2019
Fitness is always ripe for disruption in this digital age, and recent events serve to illustrate how the race to win the hearts — and sweat and increased muscle mass...
August 02, 2022
Wellness tech platform Mindbody has appointed industry veteran Fritz Lanman as its new chief executive officer. Set to take office on Sept. 3, Lanman will replace Josh McCarter, who will transition to the Mindbody board, the company said in a news release Tuesday (Aug. 2). “It’s the right time to pass the baton to Fritz […]
October 26, 2021
The health and fitness subscription app ClassPass is facing a federal class-action lawsuit for allegedly representing itself as a partner to several small businesses without their knowledge or permission. As...
October 13, 2021
Mindbody, a wellness experience technology platform, has agreed to buy ClassPass, a monthly subscription service providing access to a large network of fitness and wellness experiences, according to a press...
May 04, 2021
ClassPass and Mindbody, which provide technology to fitness companies worldwide, have been discussing a merger, Bloomberg reported, citing unnamed sources. The companies have also talked about going public once a...
