Survey: Wellness looks recession-proof | Beauty & wellness booking platform GlossGenius gets $25M | Sexual wellness leader Cake raises $8M

Headlines in the Global Wellness Economy Global Wellness News™ | September 29th, 2022 GlossGenius triples valuation, raises $25M to give beauty industry’s tech stack a makeover New York-based GlossGenius raised $25 million to build fintech products for independent beauty and wellness professionals Cake Adds $8M in Series A Funding to Build the World’s Most Approachable Sexual Wellness Brand Image: Cake Sexual wellness brand Cake is…

The US wellness market is booming | Obesity-tackling startup Limbo raises $6M | Both Brad Pitt and Balvin launch wellness brands

Headlines in the Global Wellness Economy Global Wellness News™ | September 27th, 2022 Still feeling good: The US wellness market continues to boom As evidenced by fitness classes, wearable technology, and mindfulness apps, wellness continues to be a major priority for consumers, increasingly becoming a part of their everyday lives. We estimate the spend on wellness products and services to be more than $450 billion…

Peloton loses another top executive

Peloton, the Troubled Fitness Company, Loses Another Top Executive The company’s chief marketing officer announced her departure on the heels of a management shake-up that included the exit of two of its founders. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. Read More from the Global Wellness News ™

World’s largest geothermal lagoon to be built in Canada

take a peek at the world’s largest geothermal lagoon to be built in canada Quebec-based company geoLagon, which specializes in the sale of short-term rental chalets, intends to build the world’s largest geothermal lagoon in Charlevoix, Canada . Drawing from the famed Blue Lagoon in Iceland , the open-air lagoon will feature a patent-pending thermal reservoir heating system that will keep the waters at 39…

Introducing Brad Pitt: the wellness mogul. The actor has launched a pricey “science-meets-nature” wellness skincare brand called Le Domaine

Introducing Brad Pitt: the wellness mogul There inevitably comes a time in a celebrity’s life when they look around and think: “you know what the world needs? Another beauty brand.” Following in the footsteps of almost every female star before him, this week Brad Pitt launched an prohibitively expensive skincare line. Read More from the Global Wellness News ™

Wellness travel is rising fast: 39% of high-income consumers have already booked a wellness trip/retreat through early 2023–as have 21% of millennials

Wellness travel on rise as consumers prioritize health | PhocusWire Despite financial concerns, half of consumers plan to maintain or increase spending on leisure travel in the months ahead, regardless of income level, according to a recent Accenture study. Some are looking to not only get away, but to also focus on their well-being: Among high-income consumers, 39% say they already have a luxury trip…

The US wellness market continues to boom: 50% of consumers report wellness is a top priority (up significantly from 2020)

Still feeling good: The US wellness market continues to boom As evidenced by fitness classes, wearable technology, and mindfulness apps, wellness continues to be a major priority for consumers, increasingly becoming a part of their everyday lives. We estimate the spend on wellness products and services to be more than $450 billion in the United States and growing at more than 5 percent annually. Read…

Therabody raises $165M to build ‘holistic wellness empire’ | Peloton’s new $3,200 rowing machine | Sexual wellness continues to generate investment heat

Headlines in the Global Wellness Economy Global Wellness News™ | September 22nd, 2022 Therabody Raises $165M, Doubles Down on Wellness Therabody wants to build a holistic wellness empire. The latest: The performance recovery brand raised $165M in growth funding and released eight new products, a mixture of device upgrades and category extensions. The round, led by North Castle Partners and joined by Kevin Hart’s HartBeat…