Longevity startup Function raises $53M | The Picklr closes $9M round at $59M valuation | Health trends boost sportswear sales

Headlines in the Global Wellness Economy Global Wellness News™ | June 27th, 2024 In data: Health, wellness trend drives sportswear sales in emerging markets A significant rise in health and wellness spending, particularly in emerging markets, is fuelling growth in the global sportswear sector with consumers continuing to prioritise their fitness and embracing more active lifestyles. Longevity Startup Function Raises $53M for Personalized Health Testing…

UK’s SAVA raises €7.4M to expand health monitoring | Vogue’s Global Spa Guide lists top 100 spas | Social clubs lure Gen Z offline

Headlines in the Global Wellness Economy Global Wellness News™ | June 25th, 2024 Run clubs, book readings and salsa: the gatherings pulling gen Z off their screens To help with post-pandemic loneliness, young people are finding connection, friends and even soul mates in the real world at social clubs Child Care, Cafes, Herman Miller Desks: It’s Not Your Average Gym High-end gyms, many of which…

The new market for glucose monitors | Better Health secures $14M in new funding | 2.5M Oura smart rings sold

Headlines in the Global Wellness Economy Global Wellness News™ | June 20th, 2024 Oura Tops 2.5M Rings Sold, Targets Women’s Health Oura may be reaching critical mass. Continuous glucose monitors on the rise after FDA approval Continuous glucose monitors are on the rise. But do we need them? Grief Retreats Are the Year’s Most Cathartic Travel Trend Discover what’s behind the growing popularity of grief…

Hotel wellness performance surges | 1 in 6 Americans practice yoga | JPMorgan’s new $500M weight-loss drug fund

Headlines in the Global Wellness Economy Global Wellness News™ | June 18th, 2024   Hotel Wellness Investments Surge: Latest Data on Best Performers Hotels increasingly consider wellness investments as travelers’ expectations evolve, but what trends are rising, and which services are the most profitable after accounting for everything? Read the article on Skift > Have we reached peak yoga in the U.S.? The CDC wants…

Young gens investing big in fitness | The new breed of mobile saunas | Sexual wellness platform Arya raises $7.5M

Headlines in the Global Wellness Economy Global Wellness News™ | June 13th, 2024 These young people invest in fitness. What should you spend on exercise? Gen Z and Millennial consumers are viewing exercise as a financial priority, and they are investing significant portions of their income into fitness.   Why Americans Are Eating a Sunscreen Ingredient in Their Frozen Pizza Scientists are raising concerns about…

Australian social wellness club plans global expansion | Planet Fitness sells $800M in bonds | New obesity drug startups

Headlines in the Global Wellness Economy Global Wellness News™ | June 11th, 2024 Saint Haven Debuts New Clubs, Eyes Global Expansion Melbourne is becoming a luxury wellness hotspot. This obesity-drug startup emerged from stealth with $290 million and plans to take on Wegovy and Zepbound The new weight-loss drug company emerged from stealth with big plans to take on obesity drugs like Wegovy and Zepbound.…

Squared Circles gets $40M to launch wellness brands | Weight-loss drugs changing grocery store aisles | Big problem for psychedelic medicine 

Headlines in the Global Wellness Economy Global Wellness News™ | June 6th, 2024 Squared Circles Gets $40M To Launch New Health & Wellness Brands Backed by L Catterton, Squared Circles is eyeing projects including nutritious food products for GLP-1 users and whole-body health for men. Sword Health Secures $130M for AI MSK Platform Moving well is a billion-dollar business. Weight-loss drugs are forcing changes to…

How weight-loss drugs are changing the business of travel | Goodbye BMI, hello body composition tests | High-tech ice baths 

Headlines in the Global Wellness Economy Global Wellness News™ | June 4th, 2024 The state of tourism and hospitality 2024 Tourism and hospitality are set to soar, powered by new travelers, destinations, and trends. How Ozempic and GLP-1s Are Changing the Business of Travel The boom in weight loss drugs could have a massive impact on the travel industry, which we discuss in this issue…

Natural Cycles raises $55M for hormone-free birth control app | Startups confront the senior care crisis | $120M Canyon Ranch Austin resort to break ground

Headlines in the Global Wellness Economy Global Wellness News™ | May 30th, 2024 Stockholm-based Natural Cycles snaps €50.8 million Series C to make hormone-free birth control more accessible | EU-Startups Natural Cycles, a leading women’s health company that developed the world’s first birth control app, announced the closure of its Series C financing round Startups Confront Senior Care Crisis Senior care startups are scaling. Fitbit’s…

Gym usage rates crush pre-pandemic levels | Nestle launches food line for weight-loss drug-takers | India’s Portl raises $3M for AI-driven fitness

Headlines in the Global Wellness Economy Global Wellness News™ | May 28th, 2024 Gym Utilization Rates Crush Pre-Pandemic Levels, Data Shows Q1 check-ins have nearly doubled from pre-pandemic levels while demand for personal training soars, according to a report from ABC Fitness. Nestle to launch food products that cater to Wegovy and Ozempic users Vital Pursuit will include whole-grain bowls, protein pasta, sandwich melts and…

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