*By Christian Smith*
Y7 Studio, one of the fastest-growing fitness boutiques in the U.S., is exploring franchising as part of the yoga brand's expansion into new markets.
"We're really looking into Chicago, Philly, D.C., San Francisco, more in L.A, and there's also a little bit of planning on the franchise side of things," founder and CEO Sarah Larson Levey told Cheddar.
Larson Levey was featured on the cover of this year's edition of Inc. Magazine's list of the 5,000 fastest-growing companies in the country.
Y7, a New York-based yoga company known for hip-hop yoga and sweat-you-from-the-inside-out infrared heat, debuted on the list at number 80 with $5.6 million in revenue for 2017 and an impressive three-year revenue growth of 4,022 percent.
The company, which got its start in 2013 in a small room Larson Levey rented in Williamsburg, Brooklyn, has grown to 10 permanent locations ー eight in New York City and two in Los Angeles.
The key to Y7's success? Consistency, said Larson Levey.
"There were definitely times where clients would have feedback, or a friend or a colleague would be like, 'You know weights are really, really starting to become big in yoga classes. You should do a class with weights. You should do a meditation class. You should add in this. You should add in that.'"
"That's all fine, but it's not what I feel passionate about. There are so many places that do those things, I didn't need to throw myself in that mix," she added.
Y7 offers single classes for $25 apiece ー less if you buy in bulk ー and a variety of sweat-ready merchandise in its online shop.
Streaming is a relatively new way for fitness entrepreneurs to grow their revenue, but Larson Levey, in keeping with her message of consistency, said she doesn't think it's the right method for her ー largely because streaming is less experiential.
"Unless we could come out with some small infrared room in your house, I'm not quite sure that would be able to translate," she said.
For full interview [click here](https://cheddar.com/videos/leading-the-boutique-fitness-boom-y7-studio-founder-sarah-larson-leveys-secrets-to-success).
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
