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Low-cost gym news
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13 Jan 2023
Richard Darwin is to step down from his role as CEO of The Gym Group (TGG). He has spent the past seven years leading the ... More
22 Oct 2022
Rainer Schaller, founder and CEO of RSG group and his partner and two children are presumed dead after the private plane in which they were ... More
21 Apr 2022
Pure Gym has revealed it's planning to double the number of clubs in its portfolio, with a target of reaching more than 1,000 clubs by ... More
21 Oct 2021
The first énergie Fitness club has opened in Spain as part of a push for global expansion. énergie Barcelona St Cugat will be operated by ... More
17 Apr 2020
Budget operator The Gym Group has raised around £41m through a share issue, in order to help it weather the effects of the UK-wide shutdown ... More
09 Oct 2019
John Treharne, founder of The Gym Group, has been appointed chair of boutique fitness brand Frame. Frame was launched by entrepreneurs Pip Black and Joan ... More
03 Aug 2019
Bridges Fund Management has completed a deal to buy franchise gym operator, énergie Fitness. The private equity firm has acquired a majority stake for an ... More
17 Jun 2019
Low-cost gym operator EōS Fitness has acquired five former Gold's Gym locations in Utah – its first in the US state. The acquisitions are part ... More
19 Mar 2019
The Gym Group has tackled investor chatter about stagnation in market penetration by collaborating with PricewaterhouseCoopers (PWC) to release an independent report showing the number ... More
13 Jun 2018
The Gym Group is to buy 13 sites from easyGym in a deal worth £20.6m, with an additional £4.1 million being paid once lease extensions ... More
16 Apr 2018
Budget club operator énergie Fitness is looking for a new financial partner after appointing Clearwater International and Canaccord Genuity as its new financial advisors. The ... More
22 Mar 2018
Low-cost gym operator Xercise4Less will open its 50th UK club in Chesterfied later this year. The 30,000sq ft (2,800sq m) site, due to open in ... More
11 Jan 2018
Spanish firm Viva Gym has announced the acquisition of Portuguese brand Fitness Hut, creating the largest low-cost fitness group in the Iberian Peninsula. The sale ... More
06 Dec 2017
Celebrity personal trainer Mark Anthony has sold his flagship budget gym in Aylesbury, Buckinghamshire, to fitness chain The Gym Group for an undisclosed sum. The ... More
26 Oct 2017
Xercise4Less founder Jon Wright has been praised for his efforts in trying to help reverse the childhood obesity epidemic in the UK, winning the annual ... More
03 Oct 2017
Double Paralympic champion Jonnie Peacock opened the 100th Gym Group site today (3 October) with a live Q&A on Facebook. Peacock presented a special HIIT ... More
31 Aug 2017
Low-cost gym chain Xercise4Less is collaborating with Lancashire Sport Partnership to help people recovering from drug and alcohol dependency by providing them with free gym ... More
18 Aug 2017
European low-cost gym chain Basic-Fit is on target to open 100 clubs this year after it reported revenue growth of 26 per cent in the ... More
13 Apr 2017
The Pulse Group has revamped a 1,150sq m (12,380sq ft) office block to create a health and fitness facility called Our Gym, in Hemel Hempstead, ... More
05 Apr 2017
Low-cost gyms and boutique operations helped the European fitness market grow in 2016 as membership numbers and revenues increased, EuropeActive research has revealed. Health or ... More
14 Mar 2017
Low-cost health club operator The Gym Group is placing itself at the heart of the war on inactivity, revealing that a quarter of its sites ... More
14 Mar 2017
The Gym Group turned around losses of £12.7m (US$15.4m, €14.5m) for 2015 to post a profit of £6.9m (US$8.4m, €7.9m) in 2016 following its move ... More
02 Mar 2017
The "annihilation" of mid-market fitness operators has been the biggest major change in the industry during the last few years, the Gym Group's former chief ... More
12 Jan 2017
The Gym Group is on course to meet its target of new openings for 2017, with 17 sites in the pipeline. In a pre-close trading ... More
09 Jan 2017
Budget gym operators with premises in Central London are paying 19 per cent more rent than mid-market rivals, according to a Colliers International report. Dan ... More
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