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Health and Fitness Club Industry News: Chains

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CorePower Yoga Launches Yoga On Demand
Posted: July 25, 2018 in Chains

DENVER, CO - America's leading yoga studio, CorePower Yoga, is launching CorePower Yoga On Demand, an online resource dedicated to helping students take class with CorePower whenever, wherever. The program launches with over 30 videos taught by CorePower Yoga teachers and developed with both the new and experienced yogi in mind. Read More...

Mayweather Boxing + Fitness Launches Domestic and International Franchise Program
Posted: July 25, 2018 in Chains

LOS ANGELES, CA - Mayweather Boxing + Fitness, a best-in-class fitness experience created by the most successful boxer of all time, announced the launch of its comprehensive domestic franchising and international territory rights program. Boxing great Floyd Mayweather announced the global business venture and its structured franchise model following his highly anticipated "Money Fight" against Conor McGregor in August 2017. Emblematic of Floyd's passion for family, fitness and community, the new enterprise is grounded in the philosophy that fitness levels shouldn't be determined by socioeconomic status, and that everyone should have access to, and benefit from, elite fitness resources. Read More...

Orangetheory Fitness: 1,000 Studios… and Counting
Posted: July 23, 2018 in Chains

BOCA RATON, FL - Rose City residents can now get #1000xMoreLife from their workouts with the grand opening of Portland's third Orangetheory Fitness studio, the 1,000th globally for one of the world's fastest growing franchise companies. At a ribbon-cutting event held July 21st, special guests joined Orangetheory Fitness CEO & Co-Founder, Dave Long, in celebrating the company's unique trifecta of science, coaching and technology. Read More...

TRT Holdings, Inc. Exploring Possible Sale of Gold’s Gym
Posted: July 20, 2018 in Chains

DALLAS, TX - TRT Holdings, Inc., the majority shareholder of Gold's Gym since 2004, says it will put the iconic fitness brand up for sale to focus more on its core business. It has retained Piper Jaffray & Co. to conduct a sales process. During its partnership with TRT Holdings, Gold's Gym has grown to 700+ locations across six continents and has differentiated the brand through a series of new fitness offerings, including GOLD'S STUDIO, the company's signature boutique-style fitness classes, BOOTCAMP large group training classes and 3D body scanning technology. With a core focus on innovation and expanding the brand's reach beyond the four walls of the gym, Gold's Gym also recently launched GOLD'S AMPTM, the first digital personal training and music app from a brick-and-mortar gym. Read More...

Planet Fitness Prices $1.2 Billion Securitized Financing Facility
Posted: July 19, 2018 in Chains

HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") announced that it has priced $1.2 billion of Series 2018-1 Class A-2 Fixed Rate Senior Secured Notes (the "Class A-2 Notes"), which consist of two tranches. The 2018 Notes are expected to be issued by Planet Fitness Master Issuer LLC (the "Master Issuer"), a newly-formed, limited-purpose, bankruptcy remote, indirect subsidiary of Planet Fitness, Inc. in a privately placed securitization transaction. The aggregate principal amount represents an upsize from the previously announced proposed issuance of $1.15 billion. Read More...

Retro Fitness Selects Life Fitness Premium Cardio for Burgeoning Franchise
Posted: July 19, 2018 in Chains

ROSEMONT, IL - Retro Fitness, a high-energy, high-value franchise, has named Life Fitness a preferred cardio vendor as the group continues its development pipeline with new clubs opening across the U.S. The first Life Fitness-equipped club will open in Q3 2018. Retro Fitness has chosen Elevation Series treadmills and Lifecycle bikes with premium cardio consoles with app-enabled content for new Life Fitness-equipped clubs opening in the coming years, with 10 planned through 2019. Each machine is custom painted to fit Retro Fitness' bold brand colors and create a unique gym experience for members. Read More...

Equinox And SoulCycle To Launch Full-Service Talent Management Agency; WME To Serve In Advisory Role
Posted: July 19, 2018 in Chains

NEW YORK, N.Y. - Equinox, the high-performance lifestyle leader, along with SoulCycle, the leading lifestyle boutique studio, announced the development of a talent management agency exclusively representing their leading, market-defining fitness talent. The management agency will launch with a network of employees from across the brands' global portfolio of Fitness Clubs and Studios. Read More...

World Gym Continues International Expansion With 11 New Gyms In 2018
Posted: July 17, 2018 in Chains

LOS ANGELES, CA - World Gym International, the iconic global brand of seriously fun fitness, has 11 new international locations in four countries. World Gym continues its steady growth with these new gyms which are a mix of conversions from existing gyms and brand-new facilities. World Gym International credits its international growth to the strength of the modernized World Gym brand and the expansion of World Gym Athletics, a group training program available at World Gyms around the globe. Read More...

Crunch Franchise Announces Its Newest Location in Corona, California
Posted: July 16, 2018 in Chains

CORONA, CA - Crunch Franchise announced the opening of a 20,000 square-foot gym with state-of-the-art equipment and amenities in the heart of Corona, California. Fusing fitness with entertainment to make serious exercise fun, the new Crunch location will offer top-quality cardio and strength training equipment, half-hour circuit training, personal training, a functional training area with indoor turf, spin classes, a dedicated group fitness studio and more. Read More...

LA Fitness Announces Launch of its First Ever Podcast: Living Healthy
Posted: July 16, 2018 in Chains

IRVINE, CA - LA Fitness has officially launched the Living Healthy Podcast, an extension of the Living Healthy blog but in an audio format, which will serve as an additional resource for members and listeners to help them better stay on track with their health and fitness goals. Listeners will receive on-demand health, nutrition and inspirational advice. Read More...

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