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The FitList Insider: 9/11 – Weekly Round-up of Fitness Industry News

Investors bet millions on two millennials who are taking on ClassPass – Singapore based GuavaPass founders Jeffrey Liu and Rob Pachter decided they could kick Asia’s fitness scene into shape. – via CNBC

Congress Considers Tax Cut For Gym Memberships, While One Red State Finds It Amusing To Tax FitnessTennessee is one of a handful of states that applies an amusement tax to gym memberships. Lawmakers and industry stakeholders are looking to change that in 2019. Meanwhile, Congress considers a bill to exempt gym memberships from federal taxes. – via Forbes

Sports Vending Machine Pops Up In New York, ChicagoLululemon, a sports apparel and fitness industry store, is putting up free digital vending machines for marathoners and sports enthusiasts in New York City and Chicago; according to Runner’s World. – via Vending Market Watch

The Planet Fitness Transgender Case Is Headed Back To Trial CourtFitness industry and franchise community are watching this Planet Fitness transgender case closely to see if the outcome impacts either industry in future litigation. – via Forbes launches global talent platform for the fitness, endurance, and overall health and wellness industries – Fit Events Inc., a veteran owned company part of the Veterans Future Lab, an incubator run by NYU and backed by Barclays launched its employment platform mid august. (shameless plug)

Fitting Fortresses For The Fitness FocusedFitness centers and other amenities aimed at young health-conscious renters are nothing new. But in South Florida, the quest to attract the fittest of the fit has multifamily developers vying with each other to turn their new towers into havens for the health nut. – via Forbes

Orangetheory Fitness Hits 1,000 Studio Milestone – Orangetheory Fitness’ milestone studio is located in Portland, Oregon, and is owned by Jamie Weeks, who already owns and operates 52 other locations. – via Club Industry

Eight Fitness Businesses Make Inc.’s 5000 List for 2018 – Orangetheory Fitness, EXOS and 9Round are among the businesses that made this year’s Inc. 5000 list, which ranks the fastest-growing private companies in America. – vis Club Industry

How insurers, providers, and employers can harness new market opportunities using wearablesWearables in Healthcare is a new research report from Business Insider Intelligence exploring how consumer adoption of wearables is enabling insurers, healthcare providers, and employers to lower costs, foster productivity, engage customers, and improve health outcomes. – via Business Insider

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