New York-based rowing studio CityRow has plans to expand.
Founder and CEO Helaine Knapp told Cheddar she is considering bringing its machines into your home.
“When I think about what a holistic platform would be, for a consumer in New York City, in Seattle, in San Fran, or maybe it’s 35 or 45 [miles] outside of a city, it combines both the physical experience as well as at-home,” she said in an interview Friday. “It’ll be a cornerstone of our fundraising.”
Boutique fitness studios like Peloton and SoulCycle have already moved beyond buildings into at-home products. Knapp hopes to secure new funding in the next two to three months to finance her own company’s move into that market.
She says she’ll also look for opportunities to franchise. The company, which currently has two locations in Manhattan, will open a new studio in Ann Arbor, Michigan early this year.
For full interview [click here](https://cheddar.com/videos/boutique-fitness-studio-cityrow-on-plans-for-expansion).
A bipartisan group of two dozen lawmakers is asking the Securities and Exchange Commission to put the brakes on an initial public offering by Chinese fast fashion retailer Shein until it verifies it does not use forced labor from the country’s predominantly Muslim Uyghur population.
Pilots at American Airlines have voted to authorize a strike, and Southwest Airlines pilots are preparing to join them, as unions put more pressure on the airlines to approve new contracts with hefty pay raises.
Cheddar News takes a look at The Day Ahead as the Federal Reserve's two-day meeting kicks off on Tuesday while earnings season continues with some big-name companies such as Ford, Pfizer, Starbucks and Uber on tap to report quarterly results. The JOLTS report is also due to be released ahead of April job numbers.
