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Health and Fitness Club Industry News: Chains

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Orangetheory Fitness Announces Gregg Koffler As Chief Development Officer
Posted: August 24, 2017 in Chains

BOCA RATON, FL - Orangetheory Fitness, a scientifically-backed and fast-growing fitness franchise, announced Gregg Koffler has joined the company as Chief Development Officer. Bringing over a decade of experience in the franchising industry, Koffler will be responsible for developing and implementing strategic expansion efforts to grow the brand's presence domestically and assist the fitness franchise in achieving its goal of having 900 studios open by the end of 2017. Read More...

Snap Fitness to Develop Custom Signature Clubs with Superstar Tim McGraw
Posted: August 23, 2017 in Chains

CHANHASSEN, MN - Snap Fitness has partnered with Tim McGraw, Grammy Award-winning country music icon and acclaimed actor, to create a line of signature fitness clubs. McGraw and Snap Fitness, a 24/7 fitness club with locations across the nation and around the world, announced a two-year partnership that includes special fitness activities and the development of several custom-designed, Snap Fitness gyms called TRU MAV Signature Clubs. Read More...

Orangetheory Fitness Announces Grand Opening Event at New State-of-the-Art Boca Raton Global Headquarters
Posted: August 21, 2017 in Chains

BOCA RATON, FL - Orangetheory Fitness, scientifically-backed, fast-growing fitness franchise, announced it will host a grand opening celebration on August 25 at the company's new global headquarters in Boca Raton, Florida. Originally based in Fort Lauderdale, the company's relocation was fueled by its exceptional growth and success, achieving a 108% increase in system-wide sales and a 19.3% increase in same-store sales in 2016 alone. The grand opening event will take place from 3PM to 6PM and will feature live entertainment, hors d'oeuvres and cocktails, as well as private tours of the innovative building and its extensive amenities available to all employees. Read More...

Genesis Health Clubs Announces Completion of Construction at Multimillion Dollar St. Joseph Facility
Posted: August 18, 2017 in Chains

ST. JOSEPH, MO - Genesis Health Clubs announced that the long-awaited, multi-million dollar St. Joseph health gym is now complete. The large St. Joseph facility now features cardio and strength training equipment, an indoor running track, swimming pool, indoor and outdoor tennis courts, personal training, lounge areas, towel service and a full smoothie bar. In addition, there are new dedicated studios for cycling, yoga and several group fitness classes. In addition, the City Council of St. Joseph issued a full permanent certificate of occupancy, marking the official completion of the long-awaited construction project. Read More...

Floyd Mayweather Announces Mayweather Boxing & Fitness
Posted: August 17, 2017 in Chains

LOS ANGELES, CA - Undefeated boxing champion Floyd Mayweather announced that, following his highly anticipated "Money Fight" against Conor McGregor, he will shift his focus to the launch of a new global business venture, Mayweather Boxing & Fitness. The flagship gym location will open this Fall in Southern California. Emblematic of Floyd's passion for family, fitness and community, this 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...

Anytime Fitness Shares Development Plans for Alabama
Posted: August 15, 2017 in Chains

MONTGOMERY, AL - Anytime Fitness, a fast-growing gym chain, announced plans to introduce over 65 locations in targeted areas throughout the state of Alabama. The community-focused brand will ramp up growth through strategic franchise partnerships and aims to open the new locations within the next three years. There are currently 31 successful Anytime Fitness locations open throughout the state. Read More...

Youfit Reimagines Personal Training With the YouCoach Campaign
Posted: August 14, 2017 in Chains

DEERFIELD BEACH, FL - Designed to showcase the intimate and customizable approach to training at Youfit Health Clubs, the new YouCoach advertising campaign puts the “personal” in personal training. “YouCoaches are more than just trainers; they’re our members’ motivators, friends and confidants,” said Tom Peterson, Chief Marketing Officer of Youfit Health Clubs. “That’s why you’ll see real-life YouCoaches that our members know, love and interact with everyday represented in this campaign.” Read More...

Pure Barre Announces Maria Menounos As Brand Ambassador
Posted: August 14, 2017 in Chains

DENVER, CO - Pure Barre, a large and well-established barre franchise in North America, announced a partnership with host of SIRIUS XM's "Conversations with Maria Menounos," AfterBuzz TV CEO and two-time The New York Times best-selling author of the acclaimed "The EveryGirl's Guide to..." series, Maria Menounos. Officially joining Pure Barre's community of over 550,000 enthusiasts, Menounos will serve as a brand ambassador for the company to support its core mission of empowering bodies and minds everywhere. Read More...

Planet Fitness, Inc. Announces Second Quarter 2017 Results
Posted: August 9, 2017 in Chains

HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its second quarter ended June 30, 2017. Second Quarter Fiscal 2017 highlights include: Total revenue increased from the prior year period by 17.3% to $107.3 million. System-wide same store sales increased 9.0%. Net income attributable to Planet Fitness, Inc. was $12.4 million, or $0.16 per diluted share, compared to net income attributable to Planet Fitness Inc. of $4.1 million, or $0.11 per diluted share in the prior year period. Net income was $18.0 million, compared to net income of $18.1 million in the prior year period. Adjusted net income increased 28.9% to $21.7 million, or $0.22 per diluted share, compared to $16.8 million, or $0.17 per diluted share in the prior year period. Adjusted EBITDA increased 30.3% to $47.9 million from $36.8 million in the prior year period. 37 new Planet Fitness franchise stores were opened during the period, bringing system-wide total stores to 1,403 at June 30, 2017. Read More...

Spartan and Life Time Transform Gritty Race Experience into New Intense Group Fitness Class: Spartan Strong
Posted: August 9, 2017 in Chains

BOSTON, MA - Inspired by Spartan's world-renowned obstacle race events, where competitors face fire, mud and barbed wire, Spartan Strong, a new, intense group fitness class is debuting exclusively at Life Time destinations. Created by Spartan and Life Time, Spartan Strong focuses on studio-based exercises that challenge the body and mind, helping individuals conquer life's everyday challenges. More than 100 of Life Time's premium athletic resort destinations across the country will offer the class, rolling out now throughout 2018. Read More...

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