Technogym takes on at-home market as profits grow by 53 per cent
JP Lennard
JP Lennard
JP Lennard
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
star job
Dauntsey's School
Devizes, Wiltshire
énergie group
£27,000 - £30,000pa OTE £30k-£33k
Bow, London
University of Bath
£19,209 - £20,092 + 10% shift allowance + benefits
Bath
Leisure Focus
£22,000 - £27,000pa + pension + benefits
Windsor or Maidenhead, Berkshire
star job
Vision Redbridge Culture and Leisure Ltd
£24,303pa + annual performance reward + benefits
Ilford, London

Technogym takes on at-home market as profits grow by 53 per cent

Job opportunities
Coach Gyms
Self Employed
location: Leeds, Yorkshire, United Kingdom
more jobs

Fitness equipment giant Technogym is entering the home fitness market with the launch of Technogym Live, a digital platform offering gym-goers the option to take part in classes at home.

Content will be created in collaboration with Technogym’s operator partners, with London’s 1Rebel, Virgin Active Revolution Milan and Rumble in NYC already signed up.

Looking to tap into the market, which has seen the likes of Peloton become hugely successful, Technogym revealed it will launch a new range of home exercise equipment to accompany the service, including a bike, treadmill and rowing machine - all will feature the new console.

"The platform will enable end-users to enjoy the best fitness trainers' classes – at home, at work or in hotels – on smart bikes, rowers or treadmills," said Technogym.

"From the Technogym Live equipment console users will be able to join live streaming classes with their favourite celebrity trainer or choose their class, based on trainer, music, duration and language from the comprehensive on-demand library.

"Classes are developed for different levels, to meet different training objectives and music styles.

"It will also allow operators to stream their club or studio classes to their members at home."

Nerio Alessandri, president and founder, said the launch of Technogym Live represents a "key stage of the industry’s growth and development journey".

"In the last 35 years innovation has always been Technogym's priority for the industry’s growth, to create unique and irresistible experiences for end users and to guarantee value for operators," he explained.

"We are the only company featuring an ecosystem, made of innovative technology, Italian design, services and engaging contents."

Technogym made the announcement as it reported its financial results for 2018.

Consolidated revenue reached €634m (£546m) during the year, an 8 per cent increase on the year before. Ebitda was up 12 per cent at €134m (£115m), yielding profits of €93m - a 53 per cent increase on 2017.

Read our interview with Nerio Alessandri in the latest issue of HCM magazine on digital turning pages here and online here.

Sign up for FREE ezines & magazines
Fitness equipment giant Technogym is entering the fitness-at-home market with the launch of Technogym Live, a digital platform offering gym-goers the option of taking part in classes "wherever they want".
HAF,FIT,IND,PTS,SAM,TEC
imagesX/THUMB341356_690383_71901.jpg

More News

1 - 15 of 43,664
26 May 2022
The Leisure Database Company (TLDB) has revealed its State of the Fitness Industry Report UK for 2022, following an audit of more than 7,000 facilities ... More
26 May 2022
A major free exhibition on the treatment and understanding of cancer has opened at the Science Museum in London, UK. Described as a "world-first", the ... More
25 May 2022
The Gym Group’s (TGG) plans and profit forecasts were presented to analysts and investors during the company’s recent Capital Markets Day. The event was led ... More
23 May 2022
A new physical activity programme called Big Sister has been launched in the UK to help girls embrace activity during puberty and reduce the rising ... More
21 May 2022
Go Fit has been selected by the United Nations Economic Commission for Europe (UNECE) as an example of best practice for public–private partnership collaboration (PPP). ... More
19 May 2022
Ness, a US startup that is developing a range of wellness-driven credit cards, has launched its first product, the Ness Rewards app, with longer-term plans ... More
Les Mills
Les Mills
19 May 2022
Following a history of supporting US military and service members, F45 has announced a new initiative called F45 After, which offers US military personnel exclusive ... More
19 May 2022
Scruffy Dog Creative Group and Simtec Systems have partnered to launch a new immersive trackless dark ride featuring the popular Mattel IP, Fisher-Price. The ride's ... More
18 May 2022
Hyatt is piloting private gyms in five of its US hotels as part of its Stay Fit Private Fitness programme. The exercise spaces are located ... More
17 May 2022
A young girl has died following an incident at the David Lloyd gym at Capability Green, Luton. According to the BBC, police were called to ... More
17 May 2022
New fitness franchise, Circuit Society, has signed its first London location in Bayswater. The 3,000sq ft (280sq m) micro-gym, run by franchisee Liz Benjamin, will ... More
16 May 2022
Active Nottingham, part of Nottingham City Council, has released a children’s book called Can We Splash? to encourage more parents to take children swimming. The ... More
Fitness On Demand
Fitness On Demand
13 May 2022
The new £42m Moorways Sports Village will open its doors to the public on Saturday 21 May. The community-focused development is the result of a ... More
11 May 2022
Fitness industry veteran Harm Tegelaars has returned to the fitness industry by joining the board of directors at Hussle. Tegelaars founded the Cannons Group in ... More
11 May 2022
Planet Fitness saw its Q1 2022 revenue increase by 66.9 per cent (to US$186.7m) on 2021 – the latest sign that the US fitness market ... More
1 - 15 of 43,664
JP Lennard
JP Lennard