Headlines in the Global Wellness Economy
Global Wellness News™ | June 6th, 2023
Design untamed
Acute awareness of the plight of the planet is inspiring designers and storytellers to imagine a world in which nature is set free and running riot. In March 2023, scientists from the Intergovernmental Panel on Climate Change (IPCC) issued their final warning to limit global temperature rises to 1.5 degree Celcius.
Making us thinner will see fatter profits for pharma as Bloomberg’s
crystal ball predicts obesity drug sales hitting $44B by 2030
That would be a major ballooning of a market that was worth just $2.5 billion in 2022. Bloomberg
predicts that nearly 70% of sales will stem from the U.S., with a slower ramp-up in Europe,
Read the article on Fierce Pharma >
Functional non-alcoholic spirits brand Aplós raises $5.5M
Non-alcoholic spirits company Aplós raised $5.5 million in a Series A funding round, the company said in a statement. The startup said it will use the funding round, led by McCarthy Capital, for distribution expansion in bars, restaurants and retail locations.
Unleashing AI: The Potential for Hospitality Brands
Hospitality brands stand to benefit from both the creative possibilities and the efficiency that AI will bring. Here’s how to start thinking about it now. We’ve seen the flood of LinkedIn posts and professionals making confident proclamations about the future of AI. Truth is, this is a stage of learning, observing, and asking a lot of questions.
Why Your Favorite Hotels and Resorts Are Building Spas the Size of Airplane Hangars
In an age when health is wealth, hotel spas have, ironically, become old hat. Next time you fancy a massage on your business trip, odds are that you’ll be escorted to a shiny, sprawling “wellness center” instead.
Millionaires Harry Kane and Wayne Gretzky Invest in High-End Fitness System Maker, Helping Raise Over $45 Million
High-end fitness system maker OxeFit continued to find success as they concluded their Series A2 round of fundraising. OxeFit’s co-founder Mohammed Shanableh disclosed their latest fundraiser earned $20 million, pushing their total earning from fundraisers to over $45 million. During the A2 round, millionaires Harry Kane and Wayne Gretzky joined the ranks of OxeFit’s athlete investors.
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