Lululemon Is Exploring a Sale of Mirror Fitness Unit It Bought in 2020 Lululemon Athletica Inc. is exploring a sale of Mirror, the fitness-equipment maker it acquired for $500 million in 2020, according to people with knowledge of the matter. Read the article on Bloomberg > Read More from the Global Wellness News ™
ON THE AGENDA : How a Real Estate Investment Management Giant is Putting the ‘H’ in ESG
ON THE AGENDA “How a Real Estate Investment Management Giant is Putting the ‘H’ in ESG: Health, Happiness & Holistic Design” One of the most respected real estate organizations operating in 30 countries with over $95 billion in assets under management, Hines is an industry leader accelerating sustainability efforts through the lens of the Environmental, Social, Governance (ESG) framework. While the past two decades have focused…
ON THE AGENDA: The Intersection of Wellness, Parks, Culture and Real Estate
ON THE AGENDA “The Intersection of Wellness, Parks, Culture and Real Estate” This powerhouse panel on the agenda at the upcoming Wellness Real Estate and Communities Symposium advances the discussion on how real estate developers can realize both business and community health goals by incorporating open spaces along with cultural and wellness programming. Moderated by the co-founder of Friends of the High Line Robbie Hammond who recently joined Therme…
Canadian DTC Telehealth Startup Felix Adds $10M in Series A Funding to Expand its Care Offering
Canadian DTC Telehealth Startup Felix Adds $10M in Series A Funding to Expand its Care Offering Felix, a Canadian digital health startup has raised $10M in Series A funding led by Whitecap Venture Partners. Other participants in the round include Mantella Venture Partners, BrandProject and US based H Ventures. Founded in January 2019, Felix is a DTC end-to-end digital healthcare platform providing telehealth and prescription…
F45 Training Enlists Mark Wahlberg Amid Turnaround
F45 Training Enlists Mark Wahlberg Amid Turnaround F45 Training is rebuilding its reputation after a tumultuous period of financial challenges and leadership changes. Leading the way. The first step, actor Mark Wahlberg was named F45’s chief brand officer. Making another key addition, the HIIT studio franchise announced GNC vet Tom Dowd as its new CEO. Read More from the Global Wellness News ™
Hydration brand Cure now valued at $22M as it mixes new funding into its growth plans
Hydration brand Cure now valued at $22M as it mixes new funding into its growth plans The functional beverage market is indeed “exploding:” Cure has 60% penetration in e-commerce and outpaced first-quarter 2022 growth by 121%. Read More from the Global Wellness News ™
Gen Zs don’t have a lot of money, but they’re traveling anyway
Gen Zs don’t have a lot of money, but they’re traveling anyway Gen Zs aren’t easing into the travel market — they are exploding into it. Read the article on CNBC > Read More from the Global Wellness News ™
Digital Mental Health Company Spring Health Raises $71M, Hits $2.5B Valuation
Digital Mental Health Company Spring Health Raises $71M, Hits $2.5B Valuation Digital behavioral health benefits company Spring Health has raised $71 million in a new funding round. This brings the unicorn’s valuation to a whopping $2.5 billion. New York-based Spring Health is a B2B behavioral health organization that teams up with employers and health plans to offer digital support, meditation exercises, coaching, therapy and medication.…
U.S. grows as a hot springs destination
U.S. grows as a hot springs destination Water-based wellness is a hot trend these days. And operators of geothermal and mineral springs facilities and resorts in the U.S. are ramping up their offerings, letting enthusiasts know they don’t need to head overseas to get in a healthy soak. Read More from the Global Wellness News ™
Roundup of Real Estate Research Reports and Resources
Roundup of Real Estate Research Reports and Resources In preparation for the upcoming Wellness Real Estate & Communities Symposium on May 2, the chairs of the Global Wellness Institute (GWI) Wellness Communities & Real Estate Initiative have identified some useful research reports and resources. We invite all leaders in the business of wellness to take advantage of these resources, especially if you are joining us in person or virtually…