myFitApp chat myFitApp has launched a new chat function to its streamed fitness content, making it easier to PHOTO: Garmin
During the quarter, Garmin launched its Forerunner 945 LTE, bringing real-time tracking features to its premium GPS running smartwatch
create communities online. The tech firm, which markets itself as a hybrid business platform for club operators, will now allow users to chat
Garmin grows fitness segment
live with instructors, enabling them to ask questions. In
Garmin recorded quarterly revenues
products. As a result, operating
return, instructors have the
of more than US$1bn for the first time
income from its fitness business
opportunity to offer feedback
– helped by a 40 per cent increase in
increased by 62 per cent.
during and after the workout.
revenue from its fitness segment. Reporting its Q2 2021 results,
During the quarter, Garmin launched
Users can also chat to
its Forerunner 945 LTE, bringing real-
Garmin said the growth in its fitness
time tracking features to its premium
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arm was driven by strong demand for
GPS running smartwatch.
its cycling and advanced wearable
Operating income from Garmin’s fitness business increased by 62 per cent
Designed to add a safety element, the watch is designed to allow runners
TRX ups digital
to send for help, if necessary, and stay
TRX has launched a redeveloped
connected without their phones.
version of its TRX Core digital
In total, Garmin reported Q2 revenues
platform, designed to help fitness
of US$1.33bn – up 53 per cent from the
professionals and PTs run their
US$880m recorded in Q2 2020.
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The TRX Core allows PTs to communicate and train clients, generate leads, earn Continuing
Arena secures US$5.2m funding
scale their business beyond brick-and-mortar health clubs. PHOTO: Arena Innovation
Fitness startup Arena Innovation
Education Credits (CECs) and
has secured US$5.2m worth of seed funding, as it looks to launch its robotically-assisted resistance training product to the market. Investors include Wellness Holding, the investment office of the founders
It also has continuing education programmes. n MORE: http://lei.sr/A2p3l
Myzone-TRX deal Myzone has signed a partnership
of Technogym, Courtside Ventures and
deal with TRX, which will see the
wearable tech firm become the
Angel investors also included
heart rate monitor partner of the
Equinox Group co-founder Lavinia Errico, Anthony and Joe Vennare of Fitt Insider, New York Jets wide receiver Braxton Berrios, and Russ Angold, co-founder and former
suspension training specialist. The robotic fitness platform is capable of generating more than 200 (91kg) pounds of resistance
CTO of Ekso Bionics.
The deal will see both Myzone and TRX communities being offered deals on new accessories. David Stalker, CEO of Myzone EMEA, said: “Myzone and TRX
around 60 pounds (27kg) and is
have gone hand-in-hand for years
portable, robotic fitness platform
capable of generating more than 200
in many gyms around the world.
developed by specialists in hardware
(91kg) pounds of resistance.
Founded in 2020, Arena offers a
automation and exercise. With the aim of revolutionising strength training, the platform weighs
Users can control the resistance and
“With heart rate and suspension training so mutually beneficial, it
follow workout classes via an app.
made perfect sense to partner up.”
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fittechglobal.com 2 2021