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Xercise4Less shareholders are envisaging a sale to fortify the British budget gym operator’s financial position. The group of 51 large gyms received debt funding of £42 million (€47.5m) from Proventus Capital Partners, a Swedish firm, in May...
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BigGym, a Dutch fitness club operator, has filed a lawsuit against the state, after its decision to delay the reopening of Dutch clubs until the start of September. “Unacceptable”, “incredible” and “disappointed” were some of the...
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Soaring demand for home fitness gear whipped up sales at Peloton Interactive, which were up by 65.5% to $524.6 million for the three months until the end of March. Peloton said that it saw a “significant increase” in the demand for its...
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When Just Fit reopened its fitness clubs in Cologne on Monday, members were waiting outside. They were among the first to return to training in Germany, in the state of North Rhine-Westphalia. “We have worked around the clock to get ready for...
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eGm has paused several projects in which it invested millions of euros to fully focus on software products that help gyms to become “part of the solution” for the health crisis. Philipp Roesch-Schlanderer, the German company’s chief...
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It could take several weeks for Nautilus to catch up with orders, due to avid demand for home fitness gear, the group said last week. “Although we’ve expanded production in response to continued strong demand, we carry over a significant...
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Fitness pass aggregators are scrambling to offer alternative online services, as the closure of fitness clubs has caused hundreds of staff reductions among intermediaries. Gympass and ClassPass have both confirmed drastic reductions in their...
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Czech ftness clubs were suddenly allowed to reopen on Monday, after the government changed tack last week and included them in the second phase of its plans to get the Czech economy started again. “We have been very pro-active with the...
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The Gym Group has raised about £41.3 million (€47.3m) through a private placing and subcription of new shares, which should help to ward off liquidity issues in the weeks ahead. The new shares amount to about 19.9% of the British smart cost...
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Martin Long, former chief executive of...
Group, the former Health & Fitness...
Orangetheory Fitness doubled its...
The Holmes Place group is starting the...
