Crystal Cox/Business Insider
Noom is a weight-loss app that uses a psychology-based approach to change your eating habits.
One freelancer tried Noom for over 8 months to shed some pounds and prevent pandemic weight gain.
She lost seven pounds and now implements the healthy habits she learned every day.
Like many people, I ve been losing and gaining the same 10 pounds every few years.
In my latest attempt to lose weight , I turned to the Noom app. The TV and Facebook ads feature statements like, Just 10 minutes a day keeps the weight off and testimonials from people who claim they worked out every day for a year and only lost 10 pounds, but with Noom they lost 30 pounds.
French Billionaires Strike Deal Over New Lagardère Structure
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Looking at the spree of M&A activity over the recent weeks and months it’s clear that the leisure marine industry is entering a new phase as market confidence soars. Both the levels of renewed activity, and the areas of the business in which they are taking place are of particular interest.
OneWater and MarineMax are on the expansion trail and have been driving consolidation in the US dealer market for months. In late December, former Ferretti Group investor Permira acquired Boats Group with its online brokerage platforms including boats.com, Yacht World and Boat Trader, for a reported US$850m – deals to name but a few that highlight just how hot the market is right now as consumers get on board with boating.
Apr 20, 2021
Photo courtesy of The Markets at Town Center
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Industry customer West Marine has a new owner – private equity firm L Catterton, which acquired Birkenstock earlier this year.
West Marine operates 237 stores and is known for its wide selection of boating, fishing, sailing and paddling gear.
With the backing of L Catterton, which bought the majority stake in the company, West Marine will continue to expand its marine centers, and will ramp up digital content and commerce, among other goals, according to a press release.
“West Marine has moved beyond its heritage as a retailer and is a highly trusted marine specialist and resource for boating enthusiasts. By leveraging our firm’s experience building enthusiast brands, we will be able to accelerate West Marine’s advanced omni-channel capabilities and enhance its consumer engagement, while creating an industry defining digital experience,” Marc Magliacano, Managing Partner at L Catterton said in a stateme
The real reason Birkenstocks will never go out of fashion
LVMH-backed private equity firm L. Catterton has acquired a majority stake in the comfy footwear brand.
A sandal from Birkenstock s collaboration with Valentino
Credit: Instagram
Fashion loves divisive footwear. Crocs, for example, which some trendsetters insist are so ugly they’re chic, and Ugg boots, not to mention the ‘Dad’ trainers that have buoyed Balenciaga’s coffers for the past few years.
But long before the Croc or the Ugg became household names, it was Birkenstock that had the style set weighing in on the fashion vs function debate. Now that argument appears to have been settled for good, as it was announced on Friday that a majority stake in Birkenstock had been sold to L. Catterton, the private equity firm backed by LVMH and Groupe Arnault (the family holding company of LVMH boss Bernard Arnault).
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