Humphrey Cobbold news

Following the completion of PureGym’s Blink Fitness acquisition, outgoing CEO, Humphrey Cobbold, and incoming CEO, Clive Chesser, lift the lid on the rollercoaster journey. “I ... More

PureGym has announced that the U.S. Bankruptcy Court has approved its acquisition of Blink Fitness. PureGym will acquire Blink's corporate operations and up to 67 ... More

It has been confirmed that PureGym is the winning bidder in the auction for US operator, Blink Fitness, with a successful bid of $121 million. ... More

Pure Gym has raised the necessary funds to allow the purchase of Blink Fitness, which had filed for protection under Chapter 11 of the US ... More

PureGym is preparing to launch four new group exercise formats – HIIT, weights, mobility and flexibility and spin – which have been developed in partnership ... More

Susan Turner, CEO of PureGym Middle East, has told HCM the company is extending its presence in Saudi Arabia with the launch of its first ... More

The UK’s largest operator of affordable fitness, PureGym, has announced today that CEO Humphrey Cobbold will be moving from CEO to the role of chair ... More

PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to ... More

PureGym has delivered a positive set of third quarter results, with revenues increasing to £137.7m, for the three months ending 30 September – up 15.8 ... More

PureGym’s holding company, Pinnacle Bidco, has completed the £805m refinancing which was announced on Tuesday this week, with the rapid, one-day take-up of the offering ... More

Pure Gym’s holding company, Pinnacle Bidco plc, has set out to raise £805m through issuing loan notes. The money will be used to refinance existing ... More

PureGym added 190,000 new members in the first half of 2023 when compared with H1 2022, taking the total number of members across its clubs ... More

Pure Gym Arabia, the franchise partner of Pure Gym Group in the Middle East, has opened its first club, Nad Al Sheba, in the United ... More

Rebecca Passmore was promoted to MD of Pure Gym in September 2020 – the same day she went on maternity leave. This is one of ... More

Pure Gym says it will open over 20 gyms across the UAE, with the first three of these opening in Dubai later this year. This ... More

Pure Gym saw its Q2 revenues jump to £119m, a 9 per cent increase on the (pre-pandemic) second quarter of 2019. The figure also marks ... More

Pure Gym has opened its latest location in the Middle East as part of a major rollout. Located in the Al Munsiyah district of the ... More

Pure Gym has dropped plans for an IPO which it revealed in August, opting instead to raise £300m through an equity deal with investment firm, ... More

PureGym says it is looking to expand its operations beyond Europe, after experiencing a strong recovery in business performance since reopening its clubs in April ... More

The Pingdemic of people receiving notifications on their phones, telling them to self-isolate because of contact with COVID-19 cases, is threatening to create staff shortages ... More

PureGym saw its group-wide revenue decline by £177m during 2020, as it lost 37 per cent of its trading days due to pandemic lockdowns. Announcing ... More

Placing gyms and leisure centres at the front of the queue for reopening would be making a "statement of intent" to building a healthier and ... More

Polish medical insurance outfit, Medicover, has rescued Polish operator, Fitness World, out of administration. The 15-club gym chain was placed into bankruptcy by previous owner, ... More

PureGym will take its budget fitness concept to Saudi Arabia, after securing a franchise partnership with Ektimal – a company specialising in fitness investments in ... More

PureGym is burning £4m of cash a week through its UK business, due to the UK government's decision to shut gyms in England as part ... More