Headlines in the Global Wellness Economy

Global Wellness News™ | July 4th, 2023

Issue No. 240: Gen Z x Fitness

Gen Z isn’t just hitting the gym; they’re reshaping the industry.

Joyful Ventures debuts with $23M focused on investment in sustainable protein startups

Joyful Ventures is a new venture fund looking for alternative protein startups that are disrupting a 100-year-old food system.

Move over millennials, perennials are on the march

Today’s generational labels are flawed and divisive but thankfully more of us have stopped acting our age. Now that we’re living longer, with very different technologies, we are poised for a “post generational” society of perennials, or people defined by how they work, learn and live, not by when they were born

Headspace lays off 181 employees in 2nd round of job cuts

Mental health app Headspace has laid off 181 employees, 15% of its workforce, due to economic conditions. CEO Russell Glass is committed to becoming cash-flow positive.

Snackable lifestyles

Consumers are piecing in their health and wellness habits in small, quick doses to supplement their busy lives.

TDR Capital puts health and fitness group David Lloyd Leisure up for sale

TDR Capital is weighing options for its health and fitness club chain David Lloyd Leisure, two people familiar with the matter said, in a deal that could fetch as much as 2 billion pounds ($2.6 billion).
Read the article on Reuters >

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