growth strategy news

US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym from Bridges Fund Management, which will exit as a shareholder. Financial ... More

Jason Worthy has been appointed group CEO of Myzone to lead the 'next stage of growth', with current group CEO, David Stalker, stepping back to ... More

Having announced its intention to open 50 low cost gyms in the next three years, with a ROIC of 30 per cent, The Gym Group ... More

Will Orr, CEO of The Gym Group, has revealed the company’s full-year results for 2023, along with an early trading update for 2024 and a ... More

Christian Tötzke, founder of Hyrox, plans to make the fitness races the equivalent of the London Marathon - the big event of the year which ... More

Jay Worthy has joined the advisory board of equipment supplier Stonger Wellness to help set the strategic direction of the business, while also providing the ... More

Falcon’s Beyond Global has begun trading on the Nasdaq stock exchange, after raising more than US$100 million to support its growth strategy and completing a ... More

Premium health club operator, Life Time, has opened its first ever property in the state of Connecticut, combining a full-service health club with luxury residences ... More

Industry veteran Jason Worthy, who was appointed CEO of Anytime Fitness UK eight months ago, has stepped down from the role effective immediately, citing 'personal ... More

Third Space has signed a deal to open a club at The Whiteley, the iconic West London landmark which is undergoing a £1bn (US$1.3bn, €1.2bn) ... More

Swedish fitness operator, Actic Fitness, has sold its German subsidiary – Actic Fitness GmbH – to German fitness operator, Injoy Quality GmbH, a subsidiary of fitness ... More

Merlin Entertainments has named Fiona Eastwood as chief operating officer for its midway attractions and resort theme parks divisions. Eastwood joined Merlin as global marketing ... More

José Nercellas, CEO of l’Orange Bleue, is planning to open 450 new European gyms and day spas over the next five years to build an ... More

David Lloyd Leisure (DLL) has acquired fitness clubs ABC Serrano and La Finca in Madrid. Once refurbished they will open in 2024. La Finca is ... More

4 Global has expanded its Data Hub (DataHub) platform into Europe. The announcement was made at the Europe Active-hosted Active Leadership Forum in Berlin. DataHub ... More

Third Space has announced it will be opening new clubs in Wimbledon and Battersea, London, in 2023. With a new Moorgate club also set to ... More

The Gym Group saw its membership grow by 10 per cent during the first six months of 2022 to 790,000, with revenues jumping to £84.2m ... More

The company behind fitness aggregator Hussle – Sandcroft Avenue Ltd – has collapsed, owing £5,362,000. A new company, Archway Fitness Ltd, set up on 12 ... More

The Gym Group’s (TGG) plans and profit forecasts were presented to analysts and investors during the company’s recent Capital Markets Day. The event was led ... More

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

Sports data analysis and consultancy firm 4Global has appointed Kerstin Obenauer as chief customer officer as part of a new growth strategy. The company, which ... More

Hilton has unveiled a secluded beachfront resort named Conrad Tulum Riviera Maya in Mexico, marking Conrad’s debut in the Mexican Caribbean. Located in a secluded ... More

The Gym Group has opened five clubs in one day to reach 200 sites in the UK. Opening this week were gyms in Oxford (Headington ... More

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

Marriott International’s Board of Directors has announced Anthony Capuano has been appointed CEO and joined the company’s Board of Directors, effective immediately. Prior to the ... More