Brexit won’t blow us off course, says Treharne
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
énergie Fitness
Competitive
cheltenham, Glos.
BSIX Brooke House Sixth Form College
£18,039 + £4,095 London weighting
Clapton, London
star job
Everybody Sport and Recreation
starting at £19,000pa
Wilmslow, Cheshire
Coach Gyms
£15k basic + commission + Bonus
Leeds / Harrogate, UK
énergie group
Competitive
Catford, London

Brexit won’t blow us off course, says Treharne

Job opportunities
Derby City Council
£26,511 - £29,577pa
location: Derby , United Kingdom
Brimhams Active
£50,000 - £60,000pa + relocation allowance + excellent benefits
location: Harrogate - with flexible hybrid home and office working arrangements, United Kingdom
Real Live Leisure Company Ltd
£36,000 - £40,000 + bonus + excellent benefits
location: Ulverston, Cumbria, United Kingdom
more jobs

The economic fallout from Britain’s historic vote to leave the European Union isn’t causing any sleepless nights for The Gym Group, according to the company’s CEO.

John Treharne believes the gym chain he founded in 2008 is well-placed to weather any resultant financial storms, pointing to the company’s rapid rise during the last global recession as evidence of its durability.

“Fundamentally, there’s no reason why Brexit should impact on our business – we don’t trade with Europe and we don’t trade in euros. Yes we buy some products from Europe, but that’s not really a problem,” Treharne told Health Club Management.

“People ask ‘what happens if the economic climate deteriorates?’ There’s no guarantee that it will happen, but if it did, low cost businesses have demonstrated their ability to trade strongly, both in strong and weak economic climates. It certainly doesn’t keep us awake at night.”

Treharne said his gyms do employ a fair share of workers from the European Union, but believes the UK’s wide pool of young physical activity sector talent means any changes to employment regulations would not have a material impact on the gym chain.

It remains unclear how the eventual Brexit will affect the physical activity sector in the long term, however market uncertainty has already caused Pure Gym to place its own IPO ambitions on ice in the short term.

Having warned against the perils of Brexit ahead of the 23 June referendum, ukactive executive director Steven Ward concluded last week’s Flame Awards with a rallying call for the sector to excel in the face of adversity. An impassioned Ward praised the industry’s sustained growth during the last recession, adding that the sector’s talent and commitment to improving the nation’s health would see it meet and defeat the latest set of challenges.

Sign up for FREE ezines & magazines
The economic fallout from Britain’s historic vote to leave the European Union isn’t causing any sleepless nights for The Gym Group, according to the company’s CEO.
HAF,FIT,IND,PHR
THUMB10979_638633.jpg

More News

1 - 15 of 43,523
21 Nov 2021
Location and cost are the top considerations for consumers when it comes to choosing a health club – while concerns about being around unvaccinated people ... More
26 Nov 2021
Two leading museum operators in the UK have partnered with an augmented reality specialist to present holographic exhibits and experiences for students around the world. ... More
26 Nov 2021
Increases in COVID-19 cases across Europe are forcing governments to introduce restrictions, which is having an impact on some parts of the Continent's health and ... More
26 Nov 2021
Exercise has been found to increase levels of endocannabinoids – cannabis-like substances produced by the human body – which in turn helps reduce inflammation and ... More
26 Nov 2021
People suffering from mild depression should be offered exercise, mindfulness, therapy or meditation before medication, such as antidepressants. New draft guidance, published by the National ... More
25 Nov 2021
Total Fitness plans to launch a new-style health club model, with plans already in the development stages, according to Total Fitness CEO, Sophie Lawler. Speaking ... More
FreeMotion Fitness
FreeMotion Fitness
25 Nov 2021
Fitness operator Crunch Fitness says it's continued its recovery from lockdowns, with membership levels across its franchised estate now exceeding pre-pandemic levels. Crunch said that, ... More
25 Nov 2021
The City of Madrid could become one of the healthiest in the world if plans by the council come to fruition. The local government has ... More
24 Nov 2021
Luxury health club operator, Third Space, has opened the doors to its latest club in Mayfair, London. Designed by Virgile & Partners Architects, the club ... More
24 Nov 2021
A total of 22.7 million Brits – more than a third of the total population – took part in physical activity during the recent National ... More
23 Nov 2021
Nuffield Health has reopened the historic Barbican health club in London, as part of ambitious plans to establish its first wellness "health campus" in the ... More
22 Nov 2021
The PureGym app has been named the Health and Fitness App of the Year at this year's UK App Awards. First launched in 2013 as ... More
Miha Bodytec GmbH
Miha Bodytec GmbH
18 Nov 2021
An initiative set up by the Rio Ferdinand Foundation in partnership with The Gym Group will see young Londoners being offered career opportunities in fitness ... More
18 Nov 2021
A "significant majority" of the UK's swimming teachers and aquatic professionals feel that swimming excludes some groups and communities. The finding comes from a study ... More
17 Nov 2021
The ​​Inaugural IHRSA SMART Summit has kicked off in Munich, Germany, with a focus on exploring the future of the sector in a changing world. ... More
Les Mills
Les Mills
1 - 15 of 43,523
Les Mills International
Les Mills International