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CVA news

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A court has given Virgin Active the green light to erase the rent arrears it had accrued during pandemic lockdowns. The wiping out of the ... More
Jan Spaticchia, founder and chair of énergie Fitness has died aged 51 following a short illness. Spaticchia was also chair of the recently-launched Empowered Brands ... More
Empowered Brands, the franchise investment business that acquired énergie Fitness out of a CVA in June 2020, has announced plans to accelerate the roll-out of ... More
Total Fitness is entering into a company voluntary arrangement (CVA), after being hit hard by the pandemic lockdowns. The company, which has 17 clubs in ... More
Be Military Fit (BMF) has completed a restructuring project, designed to transform the outdoor fitness provider from a centrally-led company into a franchise business. Shareholders ... More
Female-friendly fitness operator Sweat! has closed its doors, just nine months after it revealed ambitious plans to roll out a network of in-store gyms at ... More
FreeMotion Fitness
FreeMotion Fitness
People who seek medical advice about weight loss have hugely different outcomes depending on how their doctor addresses the matter – and how sympathetic they ... More
Alpamare's waterpark in Scarborough, UK, has fended off the threat of legal action from creditors after it was able to secure a Company Voluntary Agreement ... More
UKinbound has publicly backed the government's much-maligned Brexit deal, saying that it would offer some measure of stability by avoiding a "disastrous no-deal" exit. The ... More
The government's autumn budget – the last fiscal event before the UK leaves the European Union in March – has largely ignored the leisure industry, ... More
Five-a-side football centre operator Powerleague will begin restructuring its business after the firm's creditors accepted plans for a company voluntary agreement (CVA). Creditors voted in ... More
A proposed Company Voluntary Arrangement (CVA) to restructure 5-a-side football operator Powerleague would lead to the closure of 13 of the company’s 50 sites in ... More
Miha Bodytec GmbH
Miha Bodytec GmbH
The UK travel industry has offered a "cautious welcome" to the government’s Brexit white paper, after the document acknowledged some of the sector's key concerns ... More
The soon-to-be-built Estadio Metropolitano in Madrid and the Olympic Stadium in the Azerbaijani capital Baku are vying to host the UEFA Champions League final in ... More
A little known amendment to taxation laws means UK health clubs could be entitled to reclaim thousands of pounds worth of VAT on their current ... More
The potential sale of Fitness First UK has sparked “a significant amount of interest,” with the recovering gym chain having caught the attention of a ... More
Heritage theme park Dreamland is in troubled waters, entering into a voluntary debt plan just six months after the historic attraction reopened to the public. ... More
Pure Gym has emerged as the victor of the long-running race to acquire LA fitness. The gym chain helmed by Humphrey Cobbold has been in ... More
Fitness First CEO Andrew Cosslett believes the gym chain has put its darkest days behind it, pointing to improving financial figures released today (11 May) ... More
Pure Gym is the reported frontrunner in a three-horse race to buy LA fitness for £80m, with Fitness First and Sports Direct Fitness also in ... More
Sports Direct is bidding to scale up its dual-use gym and retail concept – part of plans to create a 200-strong UK gym empire – ... More
Not-for-profit trust Freedom Leisure has acquired three gyms formerly owned by LA fitness as part of an inaugural push into the private sector. The sites ... More
Arthur Laundy, owner of Laundy Hotel Group, and the former liquor-shop chain owner turned property investor Theo Karedis have partnered to purchase the Sheraton Noosa ... More
LA fitness has outlined plans for growth and potential future investment as the operator confirms it is nearing the end of its CVA process. Speaking ... More
LA fitness has converted its flagship South Kensington club into the chain’s second LAX site, signalling its commitment to driving forward with the new premium ... More
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Active IQ
Active IQ