Forty years ago, Nerio Alessandri requested a meeting with Giorgio Armani. Growing up poor in Cesena, Italy, Alessandri was used to making his own clothes, and he’d become quite good at it. Fresh out of school, he wanted to explore a career in fashion design.
Armani declined, but today Alessandri counts the fashion icon among his most devoted fans—not for couture, but cardio equipment. Rather than move to Milan to pursue fashion, Alessandri applied his design skill to his growing affinity for fitness. In 1983 he founded Technogym in his garage and began constructing a suite of exercise equipment. In the ’90s he expanded into workout software designed to sync one’s progress across a variety of machines.
The company eventually grew to become the official gym sponsor of the last eight Olympic Games and the favorite brand of professional athletes such as Rafael Nadal, celebrities including the Kardashians, and entrepreneurs like Richard Branson. You can find Technogym machines in five-star resorts and aboard most tricked-out superyachts, not to mention in over 85,000 gyms and 400,000 private homes across 100 countries. More than 55 million people get fitter every day using the brand’s video content or hundreds of global fitness partners providing top-tier personalized training.
This story is from the August 22, 2022 edition of Bloomberg Businessweek US.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 22, 2022 edition of Bloomberg Businessweek US.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers