Aman Hotels Now Valued at $3 Billion After $900 Million Fresh Investment Aman Group has received a $900 million investment from Saudi Arabia’s Public Investment Fund and Cain International, the London-based privately-held real estate investment firm. The transaction now values the Swiss hospitality brand at $3 billion, said Cain in a press statement. Read More from the Global Wellness News ™
Trend in the News – August 19th, 2022
TREND: THERMAL BATHING IS HOT (AND COLD) Week of August 10th, 2022 Othership: An Oasis For The Sober-Curious–Forbes Othership is described as a dreamy modern bathhouse that offers classes combining breathwork, sauna and cold plunges. It was created out of founder and CEO Robbie Bent’s commitment to sobriety and wellness. Bent had been experimenting with wellness practices to help him and, in the process (and…
TREND: THERMAL BATHING IS HOT (AND COLD)
TREND: THERMAL BATHING IS HOT (AND COLD) Post pandemic, consumers are amping to explore new forms of sweat bathing and reap the benefits of hot/cold contrast therapy. In our 2022 trend, Urban Bathhouses and Wellness Playgrounds, we explored the revival of communal hydrothermal bathing, an age-old, traditional wellness experience that is being embraced the world over. By Cassandra Cavanah There’s a plethora of amazing, often…
Employees’ social networks have shrunk since the pandemic, and companies need to intentionally rebuild ‘social capital’
Network effects: How to rebuild social capital and improve corporate performance Social capital-or the presence of networks, relationships, shared norms, and trust among individuals, teams, and business leaders-is the glue that holds organizations together. When teams feel connected, they tend to get more work done and do it faster. Read More from the Global Wellness News ™
Amy Griffin, who invested in Bumble, Goop and Hello Sunshine, is in search of the next woman-led unicorn (Her G9 Ventures is eyeing startups in women’s health and telemedicine, and sees new opportunity in beauty, health and wellness)
She’s Looking for the Next Women-Led Unicorn. First Stop: A Very Chic Garage By Chavie Lieber / Photography by Thomas McCarty for WSJ. Magazine EAST HAMPTON, NEW YORK-Attendees at the G9 Ventures Summer Summit on July 28 had every reason to expect bleak conversation. Startup investments were slowing down. Consumers were spending less in anticipation of an economic downturn. Read More from the Global Wellness…
Katy Perry’s De Soi raises $4 million to tap the booming non-alcoholic drinks market (The nearly $200 million market for non-alcoholic beverages continues to grow)
Read More from the Global Wellness News ™
Mindbody names new CEO, Fritz Lanman (former CEO of ClassPass), amid talk of possible IPO in 2023
Read More from the Global Wellness News ™
Materna Medical, focused on pelvic care, raises $22M as femtech becomes a billion-dollar sector
Materna Medical Raises $22M As Femtech Becomes A Billion-Dollar Sector Mountain View, California-based Materna Medical raised $22 million to tackle pelvic care for prenatal and postpartum patients, according to SEC filings. The filings did not specify the round’s investors, and the company did not respond to requests to comment. The 15-year-old OB-GYN startup is working in a niche area of health that often goes underserved:…
Israeli companies lead world in recent plant-based food tech investments (New report shows $160 million in funds were poured into Israeli startups in the first half of 2022: 22% of the world total, and ahead of the US
Israeli companies lead world in plant-based food tech investments – report Israeli companies are leading the world in food tech investments in the plant-based alternative proteins sector, and come second only to the US in funds invested in the alternative protein industry as a whole, according to an updated report published this week by the Good Food Institute (GFI) Israel. Read More from the Global…
FTC sues to block Facebook owner Meta from buying VR fitness app maker, Within, which makes the Supernatural app (Meta says the decision is ideological; FTC says action needed against monopolies in the emerging VR/metaverse space)
FTC sues to block Facebook owner Meta from buying VR fitness app maker The Federal Trade Commission is suing to block Facebook owner Meta from buying Within Unlimited, a company that makes the virtual reality fitness app Supernatural, the agency announced on Wednesday. The FTC alleges that Meta is “trying to buy its way to the top” rather than compete on the merits in the…