Fitness & Nutrition

The Kraft Heinz Company Foundation Commits $15 Million Over Three Years to Rise Against Hunger to Provide 463 Million Meals to People in Need

Retrieved on: 
Tuesday, April 9, 2024
Other Philanthropy, Women, Men, Sustainability, Family, Consumer, Environmental, Social and Governance (ESG), Environment, Teens, Children, Fitness & Nutrition, Professional Services, Philanthropy, Health, Fund Raising, Foundation, Vitamins, Supplements, Agriculture, Other Consumer, Natural Resources, Kraft Heinz, COVID, Partnership, Rise Against Hunger, Food, Hunger, Mineral, Flood, Development, Multimedia, Meal, Emerging market, Fast-moving consumer goods

Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.

Key Points: 
  • Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.
  • The commitment builds on a decade-long partnership between Kraft Heinz and Rise Against Hunger to alleviate global hunger and improve access to nutrition.
  • View the full release here: https://www.businesswire.com/news/home/20240409900011/en/
    Kraft Heinz employees pack meals during the annual Packathon (Photo: Business Wire)
    “At Kraft Heinz, we aim to provide 1.5 billion meals to people in need by 2025,” said Andrea Budelli, President of The Kraft Heinz Company Foundation and Chief R&D Officer of Developed & Emerging Markets at Kraft Heinz.
  • This impact includes:
    Fortified more than 127 million Rise Against Hunger meals with 21 million micronutrient sachets for school feeding and dietary supplementation programs.

Bayer’s Consumer Health Division Announces Changes to North America Leadership Team

Retrieved on: 
Tuesday, April 9, 2024
Other Communications, Other Health, Marketing, Communications, General Health, Other Natural Resources, Fitness & Nutrition, Agriculture, Natural Resources, Science, Vitamins, Supplements, Other Science, Health, Research, Medical Supplies, Growth, Philosophy, Business administration, BBDO, Diversity, University, Equity, Walmart, Bayer, Love, P&G, Aspirin, BBA, CMO, Tenneco, Multimedia, Loratadine, Advance Auto Parts, Avivi

Today, Bayer announced Samantha Avivi as the new Chief Marketing Officer (CMO) for its Consumer Health division in North America.

Key Points: 
  • Today, Bayer announced Samantha Avivi as the new Chief Marketing Officer (CMO) for its Consumer Health division in North America.
  • She will report directly to Dave Tomasi, President, Consumer Health, North America for Bayer.
  • View the full release here: https://www.businesswire.com/news/home/20240409885941/en/
    “I’m pleased to welcome Samantha to Team Bayer to lead our North America marketing organization and join our efforts to achieve ‘Health for all, Hunger for none,‘” said Tomasi.
  • “I’m honored to take this leadership role with Bayer, a world leading company with a meaningful mission,” said Avivi.

Global Sports Medicine Devices Market Set for Significant Growth, Poised to Reach $11 Billion by 2028 Driven by Technological Advances and Injury Prevention Trends - Long-term Forecast to 2033 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024
Medical Devices, Health, Sports, Other Sports, Fitness & Nutrition, General Sports, Injury, Knee, Therapy, Sports medicine, Marketing, Hospital, Foot, Growth, Acquisition, Rehabilitation, Medical device

The global market for sports medicine devices has observed a robust expansion in recent years, with projections indicating a continued trajectory of growth.

Key Points: 
  • The global market for sports medicine devices has observed a robust expansion in recent years, with projections indicating a continued trajectory of growth.
  • The sector is forecasted to burgeon from $7.44 billion in 2023 to an estimable $8.06 billion in 2024.
  • As we look toward the future, the market is set to reach new heights, expected to achieve $11 billion by 2028, growing at a steady CAGR of 8.1%.
  • Innovation remains at the forefront of the sports medicine device market with leading companies at the helm of technological breakthroughs.

The Beachbody Company Launches New Initiative Enabling Customers to Buy and Download Fitness Programs Like P90X and 21 DAY FIX Without a Subscription

Retrieved on: 
Tuesday, April 9, 2024
Other Consumer, Vitamins, Supplements, Women, Entertainment, Fitness & Nutrition, Online, Men, Health, Consumer, Multimedia, Bodi, DVD

The Beachbody Company, Inc. (NYSE: BODI) (“BODi” or the “Company”), a leading health and fitness company, announced today it will give consumers the ability to purchase its most popular fitness and nutrition programs without a subscription.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODI) (“BODi” or the “Company”), a leading health and fitness company, announced today it will give consumers the ability to purchase its most popular fitness and nutrition programs without a subscription.
  • In order to meet the latent demand for access to its most popular fitness and nutrition programs – including P90X, 21 DAY FIX, LIIFT4 and BODi’s popular nutrition programs such as PORTION FIX and 2B MINDSET – the Company’s extensive catalog of branded programs will be available for purchase individually to all consumers.
  • View the full release here: https://www.businesswire.com/news/home/20240409169715/en/
    The Beachbody Company Launches New Initiative Enabling Customers to Buy and Download Fitness Programs Like P90X and 21 DAY FIX Without a Subscription (Graphic: Business Wire)
    BODi offers more than 134 renowned digital programs in every major fitness genre that will gradually become available for individual purchase over the coming months.
  • This new model is similar to the Company’s highly successful legacy DVD offers and will complement its successful subscription business.

Caeleb Dressel Dives into Nulo's 'Fuel Incredible' Campaign with Jane and Rems

Retrieved on: 
Tuesday, April 9, 2024
Veterinary, Sports, Pets, Fitness & Nutrition, Swimming, Food, Beverage, Health, Consumer, Retail, Partnership, Rems, Athlete, Pet, Multimedia, Family, Motivation, Happiness, Water

In an inspiring new chapter for pet and athlete partnerships, Nulo is proud to announce its collaboration with swimming legend Caeleb Dressel and his pets, Jane the English Labrador and Rems the cat, for its "Fuel Incredible" campaign.

Key Points: 
  • In an inspiring new chapter for pet and athlete partnerships, Nulo is proud to announce its collaboration with swimming legend Caeleb Dressel and his pets, Jane the English Labrador and Rems the cat, for its "Fuel Incredible" campaign.
  • This initiative spotlights the invaluable role pets play in supporting the mental and physical health of world-class athletes.
  • View the full release here: https://www.businesswire.com/news/home/20240409049026/en/
    7-time gold medalist Caeleb Dressel credits part of his success and his record-breaking speed to the support system he finds in his dog Jane and cat Rems.
  • Reflecting on the partnership, Dressel shared, “Jane and Rems are more than just pets; they’re my family and my biggest supporters.

Sign Up for an Introductory Class with Body & Brain Yoga Tai Chi

Retrieved on: 
Monday, April 8, 2024
Alternative Medicine, Fitness & Nutrition, Health, Mental Health, Body & Brain, Individual, Student, Body, Yoga, Meditation, Music

Body & Brain Yoga Tai Chi welcomes everyone to take advantage of special online pricing and sign up for an introductory session.

Key Points: 
  • Body & Brain Yoga Tai Chi welcomes everyone to take advantage of special online pricing and sign up for an introductory session.
  • By attending an Introductory Session, people can understand how Body & Brain can help them strengthen their mind and body energy to achieve their goals.
  • Body & Brain Yoga Tai Chi helps people maximize the benefits of physical exercise by developing their ability to use mindful breathing and relaxed concentration.
  • More information on Body & Brain Yoga Tai Chi, including details about the two introductory session packages, can be found at bodynbrain.com .

Mountain Valley MD Announces Stock Option Grant

Retrieved on: 
Monday, April 8, 2024
Research, Environment, Fitness & Nutrition, Biotechnology, Pharmaceutical, Health, Agriculture, Natural Resources, Science, Other Science, Consultant, Option, Culture, FRA

Mountain Valley MD Holdings Inc. (the “Company” or “MVMD”) (CSE: MVMD) (OTCQB: MVMDF) (FRA: 20MP), today announced the grant of stock options pursuant to its existing stock option plan (the “Stock Option Plan”).

Key Points: 
  • Mountain Valley MD Holdings Inc. (the “Company” or “MVMD”) (CSE: MVMD) (OTCQB: MVMDF) (FRA: 20MP), today announced the grant of stock options pursuant to its existing stock option plan (the “Stock Option Plan”).
  • The Board has granted to certain directors, officers, employees and consultants an aggregate of 3,000,000 stock options (the “Options”).
  • The Options vest 20% on the date of grant, 30% on the 6-month anniversary of the date of grant and 50% on the one-year anniversary of the date of grant.
  • The Options have a term of 5 years and are exercisable at $0.06 per share.

Takeda Announces New U.S. Corporate Social Responsibility Program Partners to Build Equity through STEM Education and Access to Nutritional Food

Retrieved on: 
Monday, April 8, 2024
Fund Raising, Professional Services, Foundation, Philanthropy, Neurology, DEI (Diversity, Equity and Inclusion), Fitness & Nutrition, Biotechnology, Health, Food, Beverage, University, Preschool, Primary, Secondary, Retail, Education, Pharmaceutical, Oncology, Annual report, Organization, Health equity, Building, House, Investment, CSR

Takeda ( TSE:4502/NYSE:TAK ) today announced the selection of eight new U.S. non-profit organizations as grant recipients, as part of its $14.6 million commitment to its FY2023 U.S. Corporate Social Responsibility (CSR) program.

Key Points: 
  • Takeda ( TSE:4502/NYSE:TAK ) today announced the selection of eight new U.S. non-profit organizations as grant recipients, as part of its $14.6 million commitment to its FY2023 U.S. Corporate Social Responsibility (CSR) program.
  • Combined with previous investments since 2021, Takeda’s total contribution to these initiatives now amounts to $54.1 million.
  • By leveraging this collaborative approach, Takeda provides support to address these critical needs and make a positive impact on people's lives.
  • Further details on the company’s U.S. CSR, health equity and diversity, equity and inclusion programs can be found in the report.

The Beachbody Company (NYSE: BODI) Announces Amendments to its Term Loan

Retrieved on: 
Monday, April 8, 2024
Food, Beverage, Health, Retail, Fitness & Nutrition, Specialty, Bodi, Entrepreneurship, Security (finance)

The Beachbody Company, Inc. (NYSE: BODi) (“BODi” or the “Company”), a leading health and fitness company, today announced that it has amended certain financial covenants (and other terms) of its original $50 million term loan with Blue Torch Capital.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODi) (“BODi” or the “Company”), a leading health and fitness company, today announced that it has amended certain financial covenants (and other terms) of its original $50 million term loan with Blue Torch Capital.
  • The loan balance as of this date has been reduced to $25.5 million.
  • As part of the amendment, BODi is paying down $4 million in debt, reducing the outstanding balance to $25.5 million.
  • The minimum liquidity covenant will be reduced by the same amount, from $22 million to $18 million.

Herbalife Expects to Complete $1.6 Billion Secured Refinancing on April 12

Retrieved on: 
Saturday, April 6, 2024
Retail, Health, Other Retail, Fitness & Nutrition, Specialty, Vitamins, Supplements, Debt-to-GDP ratio, HLF, Growth, Note, Bank

Herbalife Ltd. (NYSE: HLF) (the “Company”), a premier health and wellness company, community and platform, today announced it is in the process of completing its previously announced $1.2 billion secured refinancing, which is expected to include a $400 million, 5-year senior secured Term Loan B facility.

Key Points: 
  • Herbalife Ltd. (NYSE: HLF) (the “Company”), a premier health and wellness company, community and platform, today announced it is in the process of completing its previously announced $1.2 billion secured refinancing, which is expected to include a $400 million, 5-year senior secured Term Loan B facility.
  • In addition, the Company intends to refinance its current $330 million senior secured revolving credit facility maturing in March 2025, with a $400 million, 4-year senior secured revolving credit facility.
  • The terms of the proposed refinancing transactions will be disclosed upon completion of the transactions.
  • The proposed refinancing transactions are expected to close on April 12, 2024, subject to customary closing conditions.