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Fitbug to be stocked by Target and Sainsbury's

22nd Oct 2014 07:00

RNS Number : 8724U
Fitbug Holdings PLC
22 October 2014
 



Fitbug Holdings Plc / Epic: FITB.L / Index: AIM / Sector: Leisure

22 October 2014

Fitbug Holdings Plc ('Fitbug' or 'the Company')

Fitbug to be stocked by leading US and UK retailers - Target and Sainsbury's

Two largest retail deals to date

 

Fitbug Holdings Plc, the AIM listed provider of online personal health and well-being services, is pleased to announce that the US retail chain Target Corporation (Target) and UK supermarket J Sainsbury plc (Sainsbury's) will stock Fitbug products in their wearables ranges from November 2014. These represent Fitbug's largest retail sales agreements worldwide to date.

 

Target, one of the largest retailers in the US, is an upscale discount chain with approximately 1,800 stores which also operates an online business, Target.com. Fitbug products will be stocked in all of Target's US stores from November 9th 2014 and on Target.com.

 

In addition, Sainsbury's has agreed to stock Fitbug products in 293 stores from November 9th 2014.

 

Malcolm Fried, CEO, said "We are delighted to have Fitbug products stocked by retailers of the quality, reputation and scale of Target and Sainsbury's."

 

**ENDS**

 

For further information visit www.fitbugholdings.com or contact:

 

Paul Landau/Andrew Brummer

 

Fitbug Holdings Plc

 

020 7449 1000

Mark Percy/Catherine Leftley

 

Cantor Fitzgerald Europe

 

020 7894 7000

Claire Louise Noyce

Hybridan LLP

 

0203 713 4580

Elisabeth Cowell/Charlotte Heap

 

St Brides Media & Finance Ltd

 

020 7236 1177

 

Notes

 

Fitbug is a leading provider of online health and well-being services to help individuals to improve their lifestyles by making realistic changes to their daily routine. It combines activity tracking devices, which download to the Fitbug app and fitbug.com to provide an understanding of each user's daily activity achievements, with mobile and web technology which provides users with personalised weekly activity and nutrition targets, feedback, advice and encouragement.

 

Key market sectors and distribution channels include retail, health insurance and rewards providers, workplace health programmes, fitness operators and consumers. Increasingly, Fitbug's platform acts as the driving force behind third party services such as white label sites, activity driven games and challenge microsites and rewards programmes. An important part of the Company's focus is on building strategic partnerships with organisations which can integrate Fitbug into their own service/product offerings or resell to their customer base. The Company has operations in the UK, Australia and Asia, with the United States remaining the primary market. For more information, visit www.fitbug.com.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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