The Gym Group gets in shape with revenue and profit boost March 19, 2019 Low cost exercise chain the Gym Group said today it boosted revenue 35 per cent last year to £123.9m as it added 30 new gyms to its portfolio. The figures Statutory profit before tax for 2018 was £10m, up from £9.2m the year previously. Its shares rose nearly seven per cent to 216p in early trading. [...]
Gym goers switching from low-cost rivals help Total Fitness ‘significantly exceed’ pre-Covid levels February 19, 2024 Gym goers switching from low-cost rivals has helped membership at Total Fitness "significantly exceed" record levels seen prior to the Covid-19 pandemic.
Broadgate developer British Land posts annual loss as pandemic wipes £2bn off portfolio May 26, 2021 British Land posted its third consecutive annual loss as empty shops and offices squeezed the valuation of its portfolio. The commercial landlord said the value of its portfolio fell 10.8 per cent from £11.1bn to £9.1bn in the year ended 31 March. It reported a pre-tax loss of £1.08bn compared with a loss of £1.11bn [...]
PureGym CEO: We should be allowed to reopen ahead of high street shops February 18, 2021 PureGym CEO: We should be allowed to reopen ahead of high street shops
Weightlifting: Virgin Active shareholders ‘set to inject’ £65m to see firm through pandemic February 11, 2021 Virgin Active shareholders are considering plans to inject £65m into the global gym chain as treadmills stand still during the pandemic, according to reports. Investors have tabled a proposed rescue package to lenders and landlords that would see them providing millions in funding over the next few months, Sky News reported. Landlords will likely be [...]
Wattbike: Brand used by Manchester United and British Army expects ‘further losses’ as sales plummet July 1, 2024 Static bike brand Wattbike said it anticipates making "further losses" as a slump in turnover resulted in a "disappointing" year for the company.
Puregym offers its sites as coronavirus vaccination centres January 6, 2021 Puregym is offering the use of hundreds of its closed sites as vaccination centres in the UK as the government rushes to administer jabs amid a surge in cases. Speaking on BBC Question Time, chief executive Humphrey Cobbold said: “I’ve got 270 sites around the country of gyms… I’ve got three and a half thousand [...]
Fitness fans move fast for limited-edition Myprotein advent calendar August 12, 2024 The sports nutrition company's calendar will offer a mix of 25 nutritious treats from Myprotein, Myvitamins, Myvegan, and MP Clothing.
New Year fitness regime: How to stick to your goals January 8, 2023 Struggling to stick to your new year’s fitess regime? We asked three fitness experts their top tricks to make sticking to your gym routine a breeze. Abigail Roberts, sports nutritionist at Bulk.com Set SMART goals: The vaguer your fitness goals, the less likely you are to commit to them long-term. Structure your fitness goals so [...]
Peloton deliveries disrupted by Brexit and port delays February 5, 2021 Peloton’s stock of treadmills and bikes has been badly hit by Brexit and global shipping congestion, leading to severe delays, according to company CEO John Foley. On Peloton’s website, some items can take eight to ten weeks to be delivered, higher than the four to six week delivery windows earlier this year. The company has [...]