Interactive Strength Inc.’s (Nasdaq: TRNR) CLMBR Earns Approved Vendor Partner status from Crunch Fitness and is Invited to the 2024 Crunch Franchise Convention
Interactive Strength Inc. (Nasdaq: TRNR), maker of CLMBR and FORME fitness equipment, has announced that CLMBR has achieved Approved Vendor Partner status with Crunch Fitness. This follows a successful pilot at Crunch West Hollywood, where 13 CLMBRs were installed. TRNR has been invited to exhibit at the 2024 Crunch Franchise Convention in Phoenix, AZ, from July 28 to August 1.
This status enables CLMBR to be sold to the wider Crunch Fitness system, which boasts over 460 locations and 2.5 million members. The convention provides an opportunity for Franchise Owners to evaluate and purchase equipment before the peak membership season in January. Crunch Fitness has plans for significant expansion, with more than 1,400 franchise locations committed to open in the future.
Interactive Strength Inc. (Nasdaq: TRNR), produttore di attrezzature fitness CLMBR e FORME, ha annunciato che CLMBR ha ottenuto lo status di Approved Vendor Partner con Crunch Fitness. Questo segue un pilotaggio di successo presso Crunch West Hollywood, dove sono stati installati 13 CLMBR. TRNR è stata invitata a partecipare alla 2024 Crunch Franchise Convention a Phoenix, AZ, dal 28 luglio al 1 agosto.
Questo status consente a CLMBR di essere venduto all'intero sistema Crunch Fitness, che conta più di 460 sedi e 2,5 milioni di membri. La convention offre l'opportunità ai Franchise Owners di valutare e acquistare attrezzature prima della stagione di picco delle iscrizioni a gennaio. Crunch Fitness ha in programma un'espansione significativa, con oltre 1.400 sedi in franchising previste per aprire in futuro.
Interactive Strength Inc. (Nasdaq: TRNR), fabricante de equipos de fitness CLMBR y FORME, ha anunciado que CLMBR ha logrado el estatus de Approved Vendor Partner con Crunch Fitness. Esto sigue un piloto exitoso en Crunch West Hollywood, donde se instalaron 13 CLMBRs. TRNR ha sido invitada a exhibir en la Convención de Franquicias Crunch 2024 en Phoenix, AZ, del 28 de julio al 1 de agosto.
Este estatus permite que CLMBR sea vendido al sistema más amplio de Crunch Fitness, que cuenta con más de 460 ubicaciones y 2.5 millones de miembros. La convención ofrece una oportunidad para que los propietarios de franquicias evalúen y compren equipos antes de la temporada alta de membresías en enero. Crunch Fitness tiene planes de expansión significativa, con más de 1,400 ubicaciones de franquicias comprometidas a abrir en el futuro.
Interactive Strength Inc. (Nasdaq: TRNR), CLMBR 및 FORME 피트니스 장비의 제조업체,는 CLMBR이 Crunch Fitness와의 승인된 공급업체 파트너 자격을 취득했다고 발표했습니다. 이는 13개의 CLMBR이 설치된 Crunch West Hollywood에서 성공적인 시범 운영을 진행한 결과입니다. TRNR은 2024년 7월 28일부터 8월 1일까지 애리조나주 피닉스에서 열리는 Crunch 프랜차이즈 컨벤션에 초대받았습니다.
이 자격을 통해 CLMBR은 460개 이상의 매장과 250만 명의 회원을 보유한 Crunch Fitness 시스템 전체에 판매될 수 있게 됩니다. 컨벤션은 프랜차이즈 소유자가 1월의 피크 회원 가입 시즌 이전에 장비를 평가하고 구매할 기회를 제공합니다. Crunch Fitness는 앞으로 개점을 계획하고 있는 1,400개 이상의 프랜차이즈 매장을 대상으로 상당한 확장을 계획하고 있습니다.
Interactive Strength Inc. (Nasdaq: TRNR), fabricant d'équipements de fitness CLMBR et FORME, a annoncé que CLMBR a obtenu le statut de Partenaire Fournisseur Agréé avec Crunch Fitness. Cela fait suite à un pilote réussi à Crunch West Hollywood, où 13 CLMBR ont été installés. TRNR a été invité à exposer lors de la Convention des Franchises Crunch 2024 à Phoenix, AZ, du 28 juillet au 1er août.
Ce statut permet à CLMBR d'être vendu au système plus large de Crunch Fitness, qui compte plus de 460 emplacements et 2,5 millions de membres. La convention offre une occasion aux propriétaires de franchises d'évaluer et d'acheter de l'équipement avant la saison de pointe des adhésions en janvier. Crunch Fitness prévoit une expansion significative, avec plus de 1 400 emplacements de franchises prévus pour ouvrir à l'avenir.
Interactive Strength Inc. (Nasdaq: TRNR), Hersteller von CLMBR und FORME Fitnessgeräten, hat bekannt gegeben, dass CLMBR den Status eines genehmigten Lieferantenpartners bei Crunch Fitness erreicht hat. Dies folgt einer erfolgreichen Pilotphase bei Crunch West Hollywood, wo 13 CLMBRs installiert wurden. TRNR wurde eingeladen, auf der Crunch Franchise Convention 2024 in Phoenix, AZ, vom 28. Juli bis 1. August auszustellen.
Dieser Status ermöglicht es CLMBR, an das umfassendere Crunch Fitness-System verkauft zu werden, das über 460 Standorte und 2,5 Millionen Mitglieder verfügt. Die Convention bietet Franchise-Nehmern die Möglichkeit, Ausrüstung vor der Hauptsaison der Mitgliedschaft im Januar zu bewerten und zu erwerben. Crunch Fitness plant eine signifikante Expansion, mit mehr als 1.400 Franchise-Standorten, die in Zukunft eröffnet werden sollen.
- CLMBR achieved Approved Vendor Partner status with Crunch Fitness
- Successful pilot at Crunch West Hollywood with 13 CLMBRs installed
- Invitation to exhibit at the 2024 Crunch Franchise Convention
- Access to Crunch Fitness system with over 460 locations and 2.5 million members
- Potential for expansion with 1,400+ committed franchise locations
- None.
CLMBR is now an Approved Vendor Partner for Crunch Fitness franchisees, following a successful pilot at Crunch West Hollywood earlier this year
CLMBR is exhibiting at the Annual Crunch Franchise Convention, from July 28 to August 1 in Phoenix, AZ
There are more than 460 locations and 2.5 million members in the Crunch Fitness system
AUSTIN, TX / ACCESSWIRE / July 25, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that CLMBR has earned Approved Vendor Partner status from Crunch Fitness and has been invited to exhibit CLMBR at the Crunch Franchise Convention, which starts on July 28 in Phoenix, AZ.
Trent Ward, Co-Founder and CEO of TRNR, said: "Crunch Fitness is one of the fastest growing gym chains in the US and we are excited that CLMBR has earned the Approved Vendor Partner status, which is a key step that enables selling CLMBRs to the wider Crunch Fitness system. After the very successful pilot at Crunch West Hollywood earlier this year, where we eventually installed 13 CLMBRs, we were targeting this opportunity to exhibit at the Crunch Franchise Convention so that we could allow the other Crunch Franchise Owners to experience CLMBR."
The annual Crunch Franchise Convention is an invitation-only event for Franchise Owners, Vendor Partners, Club Managers and other key team members. There is a select group of Vendor Partners that exhibit, which allows Franchise Owners to evaluate and purchase equipment in order to have installations completed before the peak membership selling season begins in January.
Crunch Fitness has more than 460 corporate and franchised locations currently open, and there are more than 1,400 franchise locations committed to eventually open. After a successful pilot, Crunch West Hollywood installed CLMBR devices in both a group fitness room previously used for spinning and on the cardio floor, highlighting the versatility of CLMBR.
The group fitness application demonstrates the strong potential of the CLMBR opportunity, given the high number of spin bikes that have been installed over the past couple of decades across the industry. The positive reception of the class concept at Crunch West Hollywood mirrors the success of Studio CLMBR in Denver.
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About Crunch Fitness:
Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all kinds of people with all types of goals, exercising all different ways, working it out at the same place together. Today, we are renowned for creating one-of-a-kind group fitness classes and unique programming for our wildly diverse members. Headquartered in New York City, Crunch serves 2.5 million members with over 460 gyms worldwide in 41 states, the District of Columbia, Australia, Canada, Costa Rica, Portugal, Puerto Rico, and Spain. Crunch is rapidly expanding across the U.S. and around the globe.
About Interactive Strength Inc.:
Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME. Interactive Strength Inc. is listed on Nasdaq (symbol: TRNR).
CLMBR is a vertical climbing machine that offers an efficient and effective full-body strength and cardio workout. CLMBR's design is compact and easy to move - making it perfect for commercial or in-home use. With its low impact and ergonomic movement, CLMBR is safe for most ages and levels of ability and can be found at gyms and fitness studios, hotels, and physical therapy facilities, as well as available for consumers at home. www.clmbr.com.
FORME is a digital fitness platform that combines premium smart gyms with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic fitness experience through two connected hardware products: 1) The FORME Studio Lift (fitness mirror and cable-based digital resistance) and 2) The FORME Studio (fitness mirror). In addition to the company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. www.formelife.com.
Forward Looking Statements:
This press release includes certain statements that are "forward-looking statements" for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility that Crunch Franchise Owners will purchase CLMBRs by January or at all. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.
SOURCE: Interactive Strength Inc.
View the original press release on accesswire.com
FAQ
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