Offload news

Xponential Fitness has appointed sales and franchise expert, Mark King, as CEO, to take the company forward following Anthony Geisler’s abrupt exit in May. King ... More

John Kersh has announced he is leaving boutique franchisor, Xponential Fitness, after eight years with the company – seven of them driving international growth across multiple ... More

The first bricks and mortar Kinrgy studio opens today (1 March) in West Hollywood. Founded by Emmy Award-winning dancer, Julianne Hough, the brand started as ... More

Xponential has passed ownership of Stride Fitness – the running brand it bought in January 2019 – to Shaun Grove, president of Rumble Boxing, with no ... More

In the latest issue of Spa Business, Jeremy McCarthy explores what it takes to create a thriving spa business. Striking the right balance Spas are ... More

Virgin Active investors are understood to be preparing a £60m+ funding injection into the fitness operator, in a bid to secure its future. As reported ... More

A university study has helped a sporting charity secure funding to extend a successful mental health programme for men. Edge Hill University's sport and mental ... More

TRT Holdings, the majority shareholder of Gold's Gym, has cancelled its plans to offload the gym chain. The US-based private holding company, which also owns ... More

Virgin Active has appointed New Yorker Israel Rivera in a newly-created role of head of group exercise - further evidence of the operator focusing energies ... More

European premium brand Holmes Place has grown its portfolio to more than 90 clubs after closing a deal to buy two Health City gyms in ... More

Celebrity personal trainer Mark Anthony has sold two of his Rush Fitness clubs to Swansea-based leisure trust Bay Leisure Ltd in a £1.5m (US$2m, €1.7m) ... More

Virgin Active's value took a slight dip in the third quarter of the financial year, according to South African investment firm Brait - the fitness ... More

Neil Balnaves, Ardent Leisure chair and non-executive chair, will step down from his role in November after 13 years in the position. Balnaves, who is ... More

Ardent Leisure is planning significant investment in its entertainment ventures after offloading its health club business in a AU$260m (US$198.3m, €175.6m, £150m) deal to private ... More

Serco has ditched plans to offload its leisure business, with the services giant reluctant to dispose of another profitable arm amid profit warnings and the ... More

DW Fitness has bought seven former LA fitness sites from Pure Gym, Health Club Managment can exclusively reveal. Pure Gym acquired the 42-site LA fitness ... More

Services giant Serco’s plans to offload its leisure arm as part of CEO Rupert Soames’ strategy overhaul may be delayed by ‘up to a year’. ... More

Fitness First is planning to sell up to 10 regional UK health clubs as the chain continues its strategic shift upmarket towards premium clubs in ... More

Fitness First has abandoned plans to sell off its German division after offers failed to match up to the gym chain’s valuations. The attempted sale ... More

The sale of Fitness First Germany is still alive, according to its managing director Stefan Tilk, who said the offload to an unnamed private equity ... More

Serco Leisure has won a 15-year contract with Birmingham City Council to manage nine leisure centres across the city, including the design, build and operation ... More

A decision on the proposed sale of Fitness First’s 80 health clubs in Germany is expected to be taken in the next “couple of weeks,” ... More

Competition in the low cost sector of the gym market will intensify over the next two years as operators grapple to sustain finite growth levels, ... More

Up to 70 UK leisure and sports facilities face an uncertain future after operator Serco announced plans to sell its leisure arm. Services giant Serco ... More

Fitness First is in talks to sell its 80 health clubs in Germany as the business bids to hasten its transformation and Asian expansion, Health ... More