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
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
Swimming Teacher (Saturdays)
New Hall School
Location: Boreham, Chelmsford, UK
Recreation Assistant
Everyone Active
Location: Romford
Commercial Fitness Manager
Warrington Borough Council
Location: Warrington, UK
Exercise Referral Co-ordinator
Everyone Active
Location: Horfield, Bristol, UK
Sport Centre Team Leader
Harrow School
Location: Harrow, UK
Team Leader BSV
Everyone Active
Location: Basildon
Lifeguard/Recreation Assistant
Everyone Active
Location: Basildon
Casual Swim Teacher
Everyone Active
Location: Basildon
Team Leader
Everyone Active
Location: Brentwood
Lifeguard/Recreation Assistant
Everyone Active
Location: Brentwood
Duty Manager
Everyone Active
Location: Middlesbrough
Duty Manager Golf and Athletics
Active Luton
Location: Stockwood Park Golf Club, London Road, Luton, UK
Centre Manager (Leisure)
Exeter City Council
Location: Exeter, UK
Swimming Teacher
Everyone Active
Location: Rickmansworth, UK
Swimming Teacher
Everyone Active
Location: Watford, UK
Swimming Teacher jobs
duty manager jobs
Team Leader jobs
recreation assistant jobs
Swim Manager jobs
general manager jobs
More jobs
Company profile
Technogym offers a complete ecosystem of connected smart equipment, digital services, on-demand training experiences and apps that allow every single end-user to access a completely personalized training experience anytime and anywhere
View full profile >
More company profiles
Featured Supplier
Following a hugely successful event last year in Split, Croatia, W3Fit EMEA, is heading to
the Chia Laguna resort in Sardinia from 8-11 October.
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: Verwood, Dorset
Company: AVISON YOUNG
Company: AVISON YOUNG
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
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
More diary dates