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Humphrey Cobbold news
57
02 Dec 2023
PureGym has delivered a positive set of third quarter results, with revenues increasing to £137.7m, for the three months ending 30 September – up 15.8 ... More
28 Sep 2023
PureGym’s holding company, Pinnacle Bidco, has completed the £805m refinancing which was announced on Tuesday this week, with the rapid, one-day take-up of the offering ... More
26 Sep 2023
Pure Gym’s holding company, Pinnacle Bidco plc, has set out to raise £805m through issuing loan notes. The money will be used to refinance existing ... More
01 Sep 2023
PureGym added 190,000 new members in the first half of 2023 when compared with H1 2022, taking the total number of members across its clubs ... More
19 Jan 2023
Pure Gym Arabia, the franchise partner of Pure Gym Group in the Middle East, has opened its first club, Nad Al Sheba, in the United ... More
22 Dec 2022
Rebecca Passmore was promoted to MD of Pure Gym in September 2020 – the same day she went on maternity leave. This is one of ... More
24 Oct 2022
Pure Gym says it will open over 20 gyms across the UAE, with the first three of these opening in Dubai later this year. This ... More
26 Aug 2022
Pure Gym saw its Q2 revenues jump to £119m, a 9 per cent increase on the (pre-pandemic) second quarter of 2019. The figure also marks ... More
17 Aug 2022
Pure Gym has opened its latest location in the Middle East as part of a major rollout. Located in the Al Munsiyah district of the ... More
15 Dec 2021
Pure Gym has dropped plans for an IPO which it revealed in August, opting instead to raise £300m through an equity deal with investment firm, ... More
27 Aug 2021
PureGym says it is looking to expand its operations beyond Europe, after experiencing a strong recovery in business performance since reopening its clubs in April ... More
27 Jul 2021
The Pingdemic of people receiving notifications on their phones, telling them to self-isolate because of contact with COVID-19 cases, is threatening to create staff shortages ... More
21 Apr 2021
PureGym saw its group-wide revenue decline by £177m during 2020, as it lost 37 per cent of its trading days due to pandemic lockdowns. Announcing ... More
18 Feb 2021
Placing gyms and leisure centres at the front of the queue for reopening would be making a "statement of intent" to building a healthier and ... More
28 Dec 2020
Polish medical insurance outfit, Medicover, has rescued Polish operator, Fitness World, out of administration. The 15-club gym chain was placed into bankruptcy by previous owner, ... More
03 Dec 2020
PureGym will take its budget fitness concept to Saudi Arabia, after securing a franchise partnership with Ektimal – a company specialising in fitness investments in ... More
17 Nov 2020
Humphrey Cobbold, CEO of PureGym, has confirmed to HCM that the company's operations in Poland have been placed into bankruptcy following a strategic review. The ... More
06 Nov 2020
PureGym is burning £4m of cash a week through its UK business, due to the UK government's decision to shut gyms in England as part ... More
14 Oct 2020
The UK government is likely to face legal challenges from gym operators following the revelation that new laws drafted to enforce the three-tier COVID-19 alert ... More
14 Oct 2020
Gym and health club operators with sites in Liverpool, UK, have been left "astounded" at the government's "retrograde step" in ordering gyms to close in ... More
11 Sep 2020
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
27 Aug 2020
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
13 Jul 2020
PureGym's operations in Europe have helped the business through the UK lockdown, according to CEO Humphrey Cobbold. In 2019, PureGym acquired Danish operator Fitness World, ... More
01 Jul 2020
Industry body ukactive has today (1 July) hosted a delegation of government and public health officials on visits to a number of gyms and leisure ... More
25 Jun 2020
Tanni Grey-Thompson, Chair of ukactive, Humphrey Cobbold, CEO of Pure Gym and ukactive board member and Huw Edwards CEO of ukactive, all appeared on the ... More
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