backing news

Egym, has signalled its intention to become a dominant force in the corporate wellness sector with the acquisition of UK-based aggregator, Hussle. The integration gives ... More

A new global industry organisation dedicated to touchless wellness therapies has been launched by industry consultant Erin Lee. Called the Touchless Wellness Association (TWA), the ... More

Fitness First has filed a Court Order for restructuring at Companies House in the UK – the document is currently being processed, with details due ... More

Egym has completed a Series F financing round which will see it raise up to €207m (US$225m) in growth capital. The new investment was led ... More

Boutique fitness operator, Solidcore, has opened its 100th studio in the US. Located in Santa Monica, California, the milestone site was launched on the back ... More

Fitness First UK has confirmed to HCM that it's in the process of restructuring, citing rising costs and working from home which has undermined some ... More

Boutique operator TRIB3 is restructuring to refocus on international growth and franchising. The company will move out of direct operations and consolidate its global headquarter ... More

Lucy Frazer has replaced Michelle Donelan as culture secretary at the UK's newly-named Department for Culture, Media and Sport. She becomes the eleventh culture secretary ... More

Aescape, a tech company building automated, data-driven massage tables that mimic human touch, has announced a US$30m (£24.9m, €28.9m) Series A funding round. With this ... More

Kevin Yates, founder and CEO of Trib3 has been awarded Entrepreneur of the Year in the Great British Entrepreneur Awards. He joins eight other winners ... More

Therabody has launched eight product innovations and closed a growth equity round with backing reaching US$165m. The investment was led by North Castle Partners, with ... More

The Horniman Museum in London, UK has agreed to return a collection of artefacts looted in the 19th Century from the Kingdom of Benin. The ... More

UKRI (UK Research and Innovation) is backing research to investigate the lack of older adults accessing facilities for exercise and the barriers they face. The ... More

Virgin Active and Myrtha Wellness have joined forces to open a health club and wellness centre at Milan’s new Bocconi University. The entire campus was ... More

Swim England has warned that 2,000 swimming pools could be lost forever unless the government and local authorities "act immediately" and invest in replacing or ... More

IAAPA has joined a range of US travel and tourism trade organisations in calling for the lifting of border entry restrictions and to help revive ... More

A £30m luxury leisure development scheme which has been more than a decade in the making has finally been given the green light by Newcastle ... More

A new "supergroup" of boutique fitness brands will look to help pool resources and use their collective strength to grow their individual businesses. The founders ... More

It is unlikely that the UK will see a Work Out to Help Out scheme being introduced, despite sports minister Nigel Huddleston saying he "understood" ... More

A proposed Major League Baseball (MLB) stadium in Oakland, US – designed by Danish architects Bjarke Ingels Group (BIG) – is a step closer to ... More

According to a recent survey conducted by The Sustainable Spa Association (SSA), just 33 per cent of spa businesses contribute towards the United Nations’ 17 ... More

Gyms, health clubs and leisure centres are set to be among the first businesses allowed to reopen in Wales when lockdown restrictions are lifted. Speaking ... More

The UK’s largest social enterprise, GLL, is the latest operator to throw its support behind a parliamentary petition calling for gyms to reopen first after ... More

Leading wellness supplier Klafs has been acquired by independent pan-European investment company Egeria. With Egeria as the majority shareholder, Klafs’ previous managing directors, Stefan Schöllhammer ... More

UK MPs have spoken in favour of backing the creation of a Minister of Hospitality, following a debate at Westminster Hall yesterday (11 January). The ... More