Headlines in the Global Wellness Economy
Global Wellness News™ | August 15th, 2022
The Goop-ification of wellness is on the way out (you can thank Gen Z)
The new cheese puff snack brand stresses that they are not a “better-for-you” alternative. They make no promises of rejuvenated digestion, extra nutrients, or plant-based goodness. These “unapologetically indulgent” puffs are just tasty “things for your mouth.” “If you’re worried about Ffups being healthy, you’re on the wrong website,” reads the blunt marketing copy.
Boulevard books $70M to help beauty and wellness salons with their bookings
Beauty may be in the eye of the beholder, but when it comes to getting ahold of an appointment for your hair or another treatment…that’s a different story: The bespoke nature of a lot of the work has meant that a large swathe of the professionals providing these services have stayed off…
Meditation app Calm sacks one-fifth of staff
The US-based meditation app Calm has laid off 20% of its workforce, becoming the latest US tech startup to announce job cuts. The firm’s boss, David Ko, said the company, which has now axed about 90 people from its 400-person staff, was “not immune” to the economic climate.
Gen Z workers demand flexibility, don’t want to be stuffed in a cubicle
Placeholder while article actions load When Ginsey Stephenson moved to San Francisco for work in February, she finally met and mixed with her colleagues for the first time. It was something the 23-year-old had longed for since entering the professional world out of college seven months prior.
Vladislav Doronin on Aman New York, and the brand’s future
Standing at the crossroads of Fifth Avenue and 57th Street, Vladislav Doronin is surrounded by monuments to Manhattan’s prosperity. Opposite is Bergdorf Goodman; to the right, Trump Tower; and to the left, the pencil skyscrapers that line Billionaires’ Row. Behind him is what he hopes will be his contribution to this gilded corner of Midtown: Aman New York.
Peloton to slash 780 jobs and hike prices in push to turn profit
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking prices on some equipment in a bid to cut costs and become profitable. The company did not specify how many of its 86 retail locations it plans to shutter, but said an “aggressive” reduction will begin in 2023.