Cybex Net Sales Grow 15 PercentMEDWAY, MA -- Cybex International’s net sales for the first quarter of 2008 increased by 15 percent to $39.8 million compared to $34.7 million in the same period last year, the company announced yesterday. ... Nautilus Re-OrganizesVANCOUVER, WA -- Nautilus Inc. has re-organized into three stand-alone business units: direct, commercial and retail, according to an announcement from the Vancouver, WA-based company. These three business units and Nautilus International will now report to Tim Joyce, senior vice president and general manager of Nautilus Inc. Joyce will oversee daily operations of these groups.... Matrix Raises More Than $11,000 for ALS ResearchBy: Jennipher Shaver Cottage Grove, Wi Matrix Fitness Systems raised $11,220 by raffling a Harley-Davidson motorcycle at the International Health, Racquet and Sportsclub Association... Star Trac Expects Different CampaignBy: Jennipher Shaver Irvine, Ca Executives at Star Trac aren't just making more widgets, putting out another new product or coming up with a new theme for the company's catalog.... Equipment Market to Exceed Almost $12 Billion by 2010By: Pamela Kufahl San Jose, Ca A new report states that the world market for physical fitness equipment is projected to exceed almost $12 billion by 2010. The growth of... Four Manufacturers Help Nike, Apple Make iPod Nanos Compatible with Fitness EquipmentBy: Stuart Goldman and Jennipher Shaver Beaverton, Or Several fitness equipment manufacturers as well as 24 Hour Fitness and Virgin Active Health Clubs are working with Nike Inc. and Apple Inc.... New Media Is Growing Player in MarketingBy: Ed Tock Marketing for new members has become more challenging lately, requiring club owners to work a little harder and a lot smarter. Traditional forms of advertising... Falcone Out as Nautilus CEOBy: By Pamela Kufahl, editor VANCOUVER, WA -- Edward Bramson has made his way into the CEO position at Nautilus, just three months after Sherborne Investors, the group that Bramson is a partner in, won a proxy fight that put Sherborne Investors in control of Nautilus’ board and Bramson in as chairman of the board. ... Equipment Market to Exceed Almost $12 Billion by 2010SAN JOSE, CA -- As manufacturers gather at the International Health, Racquet and Sportsclub Association (IHRSA) show, which kicks off today in San Diego, a new report states that the world market for physical fitness equipment is projected to exceed almost $12 billion by 2010. ... Nike, Apple Making iPod Nanos Compatible with EquipmentBEAVERTON, OR -- Several fitness equipment manufacturers as well as 24 Hour Fitness and Virgin Active Health Clubs are working with Nike Inc. and Apple Inc. to make Apple’s iPod Nano compatible with cardio equipment, Nike and Apple announced yesterday.... Nautilus Finds Buyer for Apparel LineVANCOUVER, WA -- Nautilus Inc. has agreed to sell its Pearl iZumi apparel and footwear segment to Shimano American Corp. for $69.5 million, the company announced yesterday.... Cybex Reports Revenue Increase in Fourth QuarterBy: By Pamela Kufahl, editor MEDWAY, MA -- Cybex International Inc. reported a net sales increase of 16 percent for the fourth quarter of 2007, John Aglialoro, chairman and CEO of Cybex, announced in a conference call with analysts yesterday.... Nautilus Reports Net Loss, Suspends Treadclimber ProductionBy: By Pamela Kufahl, editor VANCOUVER, WA -- Nautilus Inc. had a $47.7 million net loss for fourth quarter 2007 compared to net income of $12.9 million, and the company will suspend production of its commercial version of the Treadclimber TC916 and the company’s MyStride EV916 elliptical, CEO Bob Falcone announced in a call with analysts today. ... Inside ManufacturersLife Fitness Merges With UK Operations Life Fitness is merging its United Kingdom and continental European operations to promote further international... Manufacturer and Y Sued Over Exercise BallBy: Jennipher Shaver Jacksonville, FL A Jacksonville, FL, man filed a lawsuit last month against the YMCA of Florida's First Coast and TKO Sports Group. The man, Peter Royal,... KI Software RenamedBy: Jennipher Shaver New York Although KI Software has changed its name to Motionsoft, the company will still offer the same great service and the same great people, according... Star Trac Bike Breaks Guinness World RecordBy: Jennipher Shaver Irvine, CA Star Trac's Spinner NXT recently helped set a new Guinness World Record. The six-person New York Sports Club Cadence/Cycling team used the... Nautilus Board Nixes PlansBy: Pamela Kufahl Vancouver, WA Sherborne Investors has wasted little time making some changes in the direction of Nautilus Inc. now that it controls the board. Last month,... Florida Y and Equipment Manufacturer Sued Over Exercise BallJACKSONVILLE, FL -- A Jacksonville, FL, man recently filed a lawsuit against the YMCA of Florida's First Coast and TKO Sports Group. The man claims that he was injured after an exercise ball that he was using exploded, breaking both of his wrists and his forearm, and injuring both shoulders, according to local Jacksonville media reports.... Sherborne Controls NautilusVANCOUVER, WA -- Nautilus Inc.’s board is now controlled by its largest shareholder, Sherborne Investors, Nautilus confirmed on Monday. At the company’s Dec. 18 shareholder meeting, shareholders voted four Sherborne Investor nominees onto the seven-member board.... Inside ManufacturersISSA, Sportwall Form Partnership The International Sports Sciences Association (ISSA), a fitness certification company, has teamed with Sportwall International,... Health Clubs Go DigitalBy: Kelsey Garrison Pittsburgh, Pa Digital signs are making their way into clubs. ClubCom, a provider of digital signs and digital media networks, has its products in more... Nautilus Board ChangesBy: Pamela Kufahl Vancouver, Wa Even though Sherborne Investors now controls Nautilus' board of directors, Robert Falcone remains president and CEO of the Vancouver, WA-based... Nautilus Vote Too Close to CallBy: By Pamela Kufahl, editor VANCOUVER, WA -- Although Sherborne Investors is claiming victory at yesterday’s meeting of Nautilus shareholders, Robert Falcone, CEO of the equipment manufacturer, told one media outlet that it was too close to call.... Nautilus Gets Support from Advisory FirmsBy: By Pamela Kufahl, editor VANCOUVER, WA – Three voting advisory services have recommended that Nautilus Inc. shareholders vote against the full proposal by Sherborne Investors LP to oust four of Nautilus’ seven board members at the company’s shareholder meeting on Dec. 18 in Vancouver, WA, according to Nautilus. ... |
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