NEW YORK, October 24, 2016 /PRNewswire/ --
Currently, millennials make 25 percent of the population with an
annual buying power of $200 billion.
Most businesses view this as an opportunity targeting them based on
modern trends. A particular industry which they have already made a
predominant impact on is the health and fitness industry. They've
changed both the fitness industry and the general impression of
what it means to be fit and healthy. Millennials' distinctive
approach to health has elevated the evolution of advanced fitness
movements, health-focused boutiques and eateries, and alternative
medications. Studies show that physical activity provides long-term
health benefits for everyone. It's never too late to push-start a
healthy lifestyle. Exolifestyle Inc. (OTC: EXOL), Nike Inc. (NYSE:
NKE), Lululemon Athletica Inc. (NASDAQ: LULU), Under Armour Inc.
(NYSE: UA), Gildan Activewear Inc. (USA) (NYSE: GIL).
The amount of health club affiliations in general has developed,
as more individuals have incorporated fitness as an essential
obligation in their everyday lives. At the sametime, the gym-going
demographic has spurred demand for health club memberships mostly
amongst individuals between the ages of 20 to 65. Top fitness
activities such as CrossFit has upscale the world of fitness to
another level. Support gear by aiding athletes in order to lift
more, lift longer by decreasing the chance of injuries, move faster
and grow stronger are drawing attention in the market right
now.
From engaging in high standing on quality that meets the values
of its consumers, to its commitment of being ahead of the latest
fashion trends, Exolifestyle Inc. (OTCQB: EXOL) drives the
boundaries of where fashion meets function. The founder of EXOL,
Sloane McComb, has shaped a mark for
the functional fitness industry while creating brand new and
original ways to propagate EXO's consumer base through the
business's discrete product range.
The company's main product "Exosleeve" is compression knee
sleeves with different custom designs for active wear that has been
a growing brand of choice in the athlete global consumer market for
the past several years. It provides valuable compression by
increasing blood flow and decrease pain in the athlete. Compression
is vitally important as it facilitates below through the knee
aiding better recovery. Exosleeve comes in a variety of colors at a
reasonable, modest price giving athletes more choices in selecting
more than just one in particular. The Exosleeve is created with
anti-microbial material which significantly decreases the ability
of microorganisms to develop on the material, thus making a
lengthier use for the athlete, and an improved way to train.
EXO is the brand of choice for many well-known elite level
fitness athletes, such as Brooke
Ence, Elijah Muhammad,
Lauren Brooks, and Noah Ohlsen and Olympic weightlifters who
perform on world and national stages. EXO's products are utilized
in functional athletic fitness, powerlifting, Olympic
weightlifting, endurance training, boot camps, circuit training
programs, and strength training protocols, and are sold in brick
and mortar stores in the U.S.
Under Armour Inc. (NYSE: UA) recently made an
announcement to officially reveal Steph
Curry's third signature sneaker, the Under Armour Curry 3.
UA announced that the Curry 3 incorporates the brand new fabric
technology, Threadborne. Threadborne™ is a new technology developed
by Under Armour's innovators after inspecting a parachute,
specifically paracord, a sturdy piece of material that is at the
core of the equipment. Inside the paracord, Under Armour discovered
ultra-durable yarns and reconstructed them into a fabric by braided
threads covering a corded panel bringing incomparable lightweight
guiding power and maintenance.
Gildan Activewear Inc. (USA) (NYSE: GIL) is delighted to announce
that the company is now associated with the Cotton LEADS™ program.
This program is dedicated to the use of top practices and
traceability in the cotton supply chain. "Gildan is well-known for
its commitments to quality apparel and to responsible
manufacturing," says Mark Messura,
Senior Vice President of Supply Chain Marketing at Cotton
Incorporated. "As such, they have firsthand knowledge of the
environmental gains that cotton growers, represented by the Cotton
LEADS™ program, continue to achieve."
Nike Inc. (NYSE: NKE) recently reported fiscal
2017 financial results for its first quarter ended August 31, 2016. Solid global demand drove
double-digit currency-neutral revenue growth worldwide in the first
quarter and 6 percent revenue growth in North America. Revenues for the company rose 8
percent to $9.1 billion, up 10
percent on a currency-neutral basis. International futures orders
for Nike Brand athletic footwear and
apparel arranged for distribution from the month of September
through the beginning of 2017 has totaled $12.3 billion, making it 5 percent higher than
orders reported for the same period last year, and 7 percent higher
on a currency-neutral basis.
New foreign worker rules might force Lululemon
Athletica Inc. (NASDAQ: LULU) headquarters out of
Canada, which will be troubling
for 1,200 of its employees if the company does not get an
exemption. The company said it needs to recruit specialized talent
from other countries to be able to compete. The exemption would
allow them to avoid filing a labour market impact assessment
application which would make it easier for them to hire foreign
workers. The clothing company claims there is a shortage of talent
in the Canadian market. Lululemon makes technical athletic clothes
for yoga, running, working out, and most other sweaty pursuits.
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