Headlines in the Global Wellness Economy

Global Wellness News™ | March 2nd, 2023

Starwood and AJ Capital launch hospitality brand targeting outdoor enthusiasts | spabusiness.com news

Private investment firm Starwood Capital Group and real estate and hospitality company, Adventurous Journeys Capital Partners (AJ Capital), have unveiled a new outdoor-focused hotel group called Field & Stream Lodge Company. Field & Stream is an existing American brand established in 1871.

Health Optimization Fuels Sleep Tourism

People want better rest, wherever they sleep. What’s happening: With more consumers wanting to rest and recharge, sleep tourism has become an essential part of wellness travel. From meditation retreats to mindfulness content and smart mattresses to sleep coaches, health optimizers are paying a premium for better shut-eye.

BetterNight Raises $33M in Growth Financing

BetterNight, a San Diego, CA-based provider of sleep care through its virtual care platform, raised $33M in Growth funding. The round was led by NewSpring with participation from existing investors HCAP Partners and Hamilton Lane (NASDAQ:HLNE) via its Impact Fund II.
Read the article on Finsmes >

Emotional fixtures

Ikea unveiled a sculptural light design collection with designer Sabine Marcelis in February. The VARMBLIXT collection is part of Ikea’s “long-term goal… to encourage a shift in the perception of lighting as simply functional to lighting as emotional,” the company stated in a press release on their website.

Consumer Biotech Company Tally Health Launches a New Platform Aimed at Extending Longevity

David Sinclair, a genetics professor at Harvard University, has spent his career researching the aging process and how it can be reversed using epigenetic modifications. Sinclair’s lab recently published a model that explains how aging works and how it can be reversed.

Top 2023 Wellness Products And Trends From Design & Construction Week

Corrections: One of the shoe cleaning system manufacturers was incorrectly labeled as Signature Kitchen Suites; it was actually the company’s sister brand in the same booth, LG. Kohler’s kitchen faucet is Purist Suspend, not Suspense. Design & Construction Week is likely the largest gathering of homebuilders, interior designers, remodeling contractors and kitchen and bath professionals in the country.

Curated Global Wellness News is posted every Tuesday and Thursday on the Industry News section of the GWS website. Sign up to receive weekly industry news, trends and updates from the Global Wellness Summit. 

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