funding news

Saudi Arabia's General Entertainment Authority (GEA) has pledged to provide SAR500m (US$133m, €112m, £96m) worth of loans to companies, in order to create new attractions ... More

There is a "clear case" to evolve the purpose and role played by the UK's public leisure facilities. In a joint statement issued this morning ... More

Gympass has secured US$220m worth of investment as part of a funding round that, according to the company, values the corporate fitness platform at US$2.2bn. ... More

The UK government has confirmed that the PE and Sport Premium will continue to run during the academic year 2021-22, resulting in around £320m being ... More

Australian HIIT chain F45 Training has filed a notification to list on the New York Stock Exchange. The franchised studio operator hasn't announced a date ... More

Cloud-based spa and salon software supplier for the beauty, wellness, and fitness industries, Zenoti, has raised an additional US$80m (€66m, £56.7m) as an extension to ... More

Glofox will begin offering health clubs, gyms and fitness studios instant access to financing, following a deal struck with Stripe Capital. The club management software ... More

Scotland’s capital city of Edinburgh has welcomed its second hair and beauty salon operating as a social enterprise – named Brave, Strong, Beautiful (BSB). BSB ... More

Chinese health club chain Supermonkey has finalised a series E funding round, valuing the company at nearly US$1bn. The latest round was led by a ... More

Active IQ has launched two new qualifications – the Level 2 Diploma in Health and Fitness and Level 3 Diploma in Health and Fitness – ... More

A new job retention scheme, backed by National Lottery funding, has been launched to support fitness and sports professionals in England. Retrain to Retain is ... More

One in three councils in England are expecting to close at least one of their leisure centres permanently during 2021. What more, up to 117 ... More

Thousands of health clubs, swimming pools and leisure centres are under the threat of permanent closure, unless the government provides increased financial support for the ... More

There is "incredible resilience" in the sports and physical activity sector – but the industry requires further support to bounce back from the devastating effects ... More

A parliamentary report is calling for a £3bn intervention fund to build back better health as we come out of the COVID-19 pandemic. The report, ... More

The UK government has launched a new Office for Health Promotion, designed to lead efforts to improve the nation's physical and mental health. Tasked with ... More

In August 2020, industry figure and influencer Caroline Hirons launched Beauty Backed to support independent UK businesses and entrepreneurs within the beauty industry impacted by ... More

Ten creative teams from across the UK have been selected to develop a series of events, public engagement programmes and virtual projects for the Festival ... More

Scottish skincare specialists Cutitronics and ishga have joined forces to introduce new skincare technology into UK spas. Glasgow-based beautytech company Cutitronics was founded in 2014 ... More

A total of £100m has been allocated to 266 local authorities across England, to support the recovery of publicly-owned leisure centres and health clubs. Facilities ... More

Nuffield Health has acquired the lease for the historic Barbican health club site in London, which is currently operated by Virgin Active. Located on Aldersgate ... More

The Gym Group saw its revenues cut by nearly half during the pandemic, a direct result of the group losing 45 per cent of its ... More

The government has said it has no plans to fund a Work Out to Help Out scheme to encourage people back to exercise after lockdown, ... More

A battle to save Virgin Active is continuing, as the company works to secure a restructuring plan which would be approved by its creditors. Investors ... More

The UK government has announced an independent review to assess the way destination management organisations (DMO) operate across England. The review, led by Nick de ... More