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budget news

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Leading global spa expert, Spa Vision, has fulfilled an extensive order of Esthetica Equipment, one of India’s leading manufacturers of spa and salon furniture, for ... More
The Gym Group will look to further grow its 183-strong portfolio across England, Scotland and Wales during 2021, as the demand for gym memberships has ... More
The pandemic has disrupted or halted critical mental health services in 93 per cent of countries worldwide, according to a new survey by the World ... More
Hutchison Technologies virtual solutions are helping operators expand their virtual offering and get motivated members back into the club. Having been at the forefront of ... More
PureGym has secured a £100m cash injection from shareholders to help deal with both the opportunities and threats posed by COVID-19. The move takes its ... More
Announcing the company's half-year results today (2 September), Richard Darwin, CEO of The Gym Group (TGG), said the company was cashflow positive in the first ... More
Spa Life UK
Spa Life UK
Stuart Perrin, a former Xercise4Less COO, has launched a new affordable boutique studio concept with the aim of opening 50 sites across metropolitan areas outside ... More
Pure Gym's overseas clubs returned to pre-COVID-19 profit levels in the first month of trading after reopening, according to the company's Q2 2020 financial results, ... More
According to Resense COO, Emma Darby, domestic markets have always been a crucial target audience, but in the midst of COVID-19, their custom has become ... More
The organising committee of the Birmingham 2022 Commonwealth Games have shelved plans to create an athletes' village in the Perry Barr area of the city. ... More
JD Gyms has acquired the gym estate of Xercise4Less, following the budget chain calling in administrators. Xercise4Less ran into financial trouble earlier this year after ... More
A new family fitness focused operator is preparing to open its first site in Putney, London, once social distancing eases. GetSetGo! – the brainchild of ... More
JP Lennard
JP Lennard
The UK's industry's leading trade associations have united to call for a major review of taxation and regulation to help operators rebound from the lockdown. ... More
The team at Reed Exhibitions has announced FIBO Köln will not run as a live event as hoped, but will instead pivot to digital for ... More
Rainer Schaller, the founder of budget gym megabrand McFIT, has added iconic franchised chain Gold's Gym to his portfolio of fitness businesses. The deal, worth ... More
The hospitality and attractions sectors will benefit from a temporary cut to VAT as part of stimulus measures announced by chancellor Rishi Sunak. Revealing the ... More
Budget fitness chain, Xercise4Less, will have a new ownership structure and financing set-up by the time the UK's gyms are allowed to open their doors ... More
Budget operators, Pure Gym has released its reopening video, taking a very customer-centric approach. The video stresses the warm welcome, the ease of use and ... More
Miha Bodytec GmbH
Miha Bodytec GmbH
Leisure trust Vivacity, which terminated its contract with Peterborough City Council council last week, has confirmed it's lost £8m as a result of the COVID-19 ... More
UK budget operator, The Gym Group, has revealed its new reopening video for customers, fronted by CEO, Richard Darwin, with support from team members. The ... More
Budget gym operator Fitness4Less has revealed that it will not be reopening its Bristol club when lockdown measures are lifted. Attributing the closure to the ... More
Gold's Gym is battling to get out of Chapter 11 bankruptcy protection by innovating its business model and going after a wider market. The company ... More
Basic-Fit has launched a new share issue as it restarts its growth plans for the European fitness market. The Netherlands-based budget chain is using an ... More
ISPA has kicked off its Town Hall Meeting series to share learnings from industry leaders as spas reopen across the globe. The first event on ... More
Corporate broking and advisory firm, Peel Hunt, has issued a 'buy' recommendation for shares in The Gym Group. Peel Hunt says if gyms in the ... More
JP Lennard
JP Lennard