Q1 news

Co-founders of specialist gym and fitness wear company, WIT Fitness, have returned to the brand to lead the business in partnership with Frasers Group. Retail ... More

Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 basis points over the ... More

Speaking to HCM for its 2024-2025 Handbook, which will be out next month, PureGym managing director, Rebecca Passmore, says the company is on track to ... More

Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, using ... More

Peloton Interactive Inc is believed to be working to get its costs under control in a bid to align with the expectations of private equity ... More

There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal. ... More

Basic-Fit has acquired RSG Group’s Spanish portfolio of 47 clubs for €50m. RSG had signalled its intention to exit the Spanish market back in March ... More

Alchemy Springs, an upcoming social spa project in San Francisco’s Lower Nob Hill neighbourhood, has broken ground on its nature-centric bathing area. Comprised of a ... More

Xponential Fitness shares are recovering following a fightback by the directors after the publication of a damning report on its prospects and conduct from Fuzzy ... More

Boutique operator TRIB3 is restructuring to refocus on international growth and franchising. The company will move out of direct operations and consolidate its global headquarter ... More

The UK government has announced it will be scaling back financial support for businesses as part of the updated Energy Bill Relief Scheme (EBRS). Treasury ... More

Luxury boutique hotel management group Akaryn Hotel Group is expanding its wellness-centric Aleenta Resort brand with a third property in Asia. Named Aleenta Chiang Mai ... More

The revival of a classic UK health and fitness brand will see Topnotch Health Clubs relaunching back into the mid-market fitness sector as Topnotch Gyms. ... More

Wisdom Works Group (WWG) has launched a study into leadership across the global wellness economy, as well as the adjacent industries of healthcare and human ... More

Global health and wellness holding company XWell has partnered with Clockwork to launch AI-driven robot manicures in select US XpresSpa airport spas. Beginning in Q1 ... More

A huge "film city" and visitor attraction project in Nigeria has reached a major milestone, following the signing of a memorandum of understanding (MoU) between ... More

Nuffield Health has completed a five-year refinancing package with NatWest, HSBC, Barclays and Santander UK. KPMG UK advised on the deal which also included a ... More

Former CEO of Anytime Fitness Neil Randall has been appointed the new CEO of TrainMore and Clubsportive at Urban Gym Group (UGG). His role will ... More

Urban Gym Group (UGG) has announced a 50 per cent increase in TrainMore memberships in Q1 of 2022 compared with same quarter in 2021. Following ... 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

Fitness markets around the globe are demonstrating "reassuring signs of recovery" following the pandemic disruptions according to the new 2022 IHRSA Global Report. The recovery ... More

Mark Wahlberg- and David Beckham-backed F45 Training has announced a reduction in its core workforce of 110 employees with the aim of cutting its cost ... More

F45 has launched a corporate partnership programme which will enable businesses to open an F45 studio inside their own company premises. Aerospace and defence company, ... More

Basic-Fit has opened its 600th club in France in Sablé-sur-Sarthe, in the Pays de la Loire region. The fitness chain – which is also active ... More

The company behind fitness aggregator Hussle – Sandcroft Avenue Ltd – has collapsed, owing £5,362,000. A new company, Archway Fitness Ltd, set up on 12 ... More