Latest news
Wearable fitness tracking device Fitbit prepares for listing on New York Stock Exchange
By Kath Hudson 15 May 2015
The wearable technology market is booming
Wearable tracking device, Fitbit, has filed for an initial public offering worth up to $100m (€87.4m, £63m) and intends to lists its shares on the New York Stock Exchange.
The company, which is interviewed in the June issue of Health Club Management, has sold almost 21 million devices since 2011, with more than half of those sales made in 2014.
In 2014 the company generated US$745.4m (€652m, £471.5m) in revenue, almost triple that of the previous year and the same pace has continued into 2015.
These figures show that fitness tracking has moved out of the realms of the fitness buff and into the mainstream. However, despite Fitbit being a big player, it is facing growing competition, particularly from smart watches like the Apple Watch.
Sign up for FREE ezines
Related news
Sports jobs
Duty Manager
Everyone Active
Location: Swanley
Duty Manager
Everyone Active
Location: Swanley
Duty Manager
Everyone Active
Location: Swanley
Duty Manager
Everyone Active
Location: Swanley
Swimming Teacher (Saturdays)
New Hall School
Location: Boreham, Chelmsford, UK
Chief Executive Officer
Redbridge Sports & Leisure
Location: Barkingside, Ilford, UK
Cleaning Assistant
Everyone Active
Location: Gainsborough
Team Leader
Everyone Active
Location: Wythenshawe
Lifeguard/Recreation Assistant
Everyone Active
Location: Wythenshawe
Civic Partnership Manager
Everyone Active
Location: Bristol, UK
Fitness Instructor
University of Brighton
Location: Moulsecoomb, Brighton and Hove, Brighton, UK
Duty Manager
Everyone Active
Location: Clevedon
Swim Teacher
Everyone Active
Location: Bristol
Team Leader
Everyone Active
Location: Bristol
Duty/Operations Manager
Everyone Active
Location: Bristol
Recreation Assistant
Everyone Active
Location: Romford
Casual Swim Teacher
Everyone Active
Location: Basildon
Duty Manager
Everyone Active
Location: Middlesbrough
Swimming Teacher
Everyone Active
Location: Rickmansworth, UK
Swimming Teacher
Everyone Active
Location: Watford, UK
Swimming Teacher jobs
duty manager jobs
Team Leader jobs
Swim Manager jobs
general manager jobs
recreation assistant jobs
More jobs
Company profile
The Life Fitness family of brands offers an unrivalled product portfolio, providing customers with access to tailored solutions they need to target every segment of the fitness market.
View full profile >
More company profiles
Featured Supplier
Phil Heath, professional athlete, bodybuilder and 7x Mr. Olympia, has fielded a lot of
questions about bodybuilding without machines. Should bodybuilders be limited to just free
weights? Why?
View full details >
More featured suppliers
Property & Tenders
Location: Loughton, IG10
Company: Knight Frank
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Company: Belvoir Castle
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
Company: Forestry England
More properties & tenders
Diary dates
06-06 Jun 2024
Drayton Manor Theme Park & Resort, Tamworth, United Kingdom
More diary dates