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Health and Fitness Club Industry News: Chains

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Experienced Marketing Manager, Jennifer Gillon, Joins Retro Fitness as Marketing Director
Posted: July 24, 2017 in Chains

COLTS NECK, N.J. - As Retro Fitness continues to expand in new markets throughout the country, it's also expanding its marketing prowess with the hiring of Jennifer Gillon as Marketing Director. Her two decades of experience in consumer marketing will benefit both franchisees and corporate as the fitness franchise expands its footprint. Read More...

Planet Fitness Expands to Panama
Posted: July 20, 2017 in Chains

HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced the upcoming opening of its first club in Panama. The country's first Judgement Free Zone in Santa Maria is expected to officially open this fall with a second location opening in Centennial by the end of 2017. The club will feature brand-name cardio and strength equipment, circuit training, fully-equipped locker rooms with day lockers and showers, numerous flat screen televisions and free small group fitness instruction by certified trainers. A 30-year fitness industry veteran and Planet Fitness franchisee for 13 years, Dave Leon, is the owner and operator of the Santa Maria and Centennial locations. Read More...

ClubCorp Reports Thirteenth Consecutive Quarter of Revenue Growth
Posted: July 20, 2017 in Chains

DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE:MYCC) - announces financial results for its fiscal-year 2017 second quarter ended June 13, 2017: Revenue increased $7.4 million to $276.4 million, up 2.7%, for the second quarter of 2017. Net Income decreased $5.0 million to $0.8 million, down 86.2%, primarily due to higher selling, general and administrative expense related to centralization and transformation of administrative processes, finance processes and related IT systems, and impairment of assets related to recently divested clubs. Adjusted EBITDA(1) of $62.9 million, up 0.1%. Read More...

Crunch Franchise Announces Its Newest State-of-the-Art Facilities In Tampa, FL; Colorado Springs, CO and Chamblee, GA
Posted: July 17, 2017 in Chains

NEW YORK, N.Y. - Crunch Fitness has announced the planned openings of new state-of-the-art facilities in Tampa, Florida; Colorado Springs, Colorado; and Chamblee, Georgia. Headquartered in New York City, Crunch serves over 900,000 members with over 180 gyms worldwide in 22 states, Puerto Rico and 4 countries. Crunch is rapidly expanding across the U.S. and around the globe. Read More...

TITLE Boxing Club Hires Marty Mazer as Vice President of Franchise Development
Posted: July 17, 2017 in Chains

OVERLAND PARK, KS - With 18 openings already this year, TITLE Boxing Club, a leading boutique fitness studio specializing in boxing and kickboxing fitness classes, announced it has expanded its senior leadership team to further aid in the nationwide expansion of the brand. Marty Mazer has been named the new Vice President of Franchise Development for TITLE Boxing Club, bringing with him a wealth of industry knowledge and an impressive track record of franchise sales success. Read More...

Town Sports International Holdings Inc. Announces Plans to Acquire Lucille Roberts Health Club Business
Posted: July 14, 2017 in Chains

NEW YORK, N.Y. - Town Sports International Holdings Inc., ("TSI' or the "Company") (Nasdaq: CLUB), owner and operator of New York Sports Clubs (NYSC), announced that it has entered into an agreement to acquire Lucille Roberts Health Clubs businesses. The closing of the transaction is subject to certain conditions. The parties expect the transaction to be closed within the next month. The acquisition will add 16 clubs to TSI's portfolio in the Northeast and Mid-Atlantic regions of the United States. Read More...

Ten Oaks Partners Acquires Edgewater Fitness
Posted: July 13, 2017 in Chains

ANNAPOLIS, MD - Ten Oaks Partners (parent company for Annapolis Athletic Club (AAC) in Annapolis, MD, and Coastal Fitness in Ocean City, MD) announces that it has added another great local, Annapolis area health and wellness club, Edgewater Fitness, to its family of clubs. Read More...

Equinox Fitness Clubs Receives Investment from L Catterton
Posted: July 11, 2017 in Chains

NEW YORK, N.Y. and GREENWICH, CT - Equinox, the high performance lifestyle leader, announced a significant minority investment from L Catterton, the largest and most global consumer-focused private equity firm in the world. Read More...

Barry’s Bootcamp Announces Global Expansion Plans
Posted: July 11, 2017 in Chains

LOS ANGELES, CA - Barry's Bootcamp, the original boutique lifestyle brand that innovated group fitness by creating an immersive and transformative full-body workout experience, announces the launch of six new markets, including three new U.S. states and three new international markets. The lifestyle brand will be opening studios in DC, Dallas and Atlanta, in addition to international launches in Milan, Stockholm and Toronto, taking the total number of studios to 39 worldwide. Read More...

CycleBar Gears Up for 100th Opening This Quarter
Posted: July 11, 2017 in Chains

CINCINNATI, OH - CycleBar, a premier indoor cycling franchise, is celebrating an incredible year of franchise sales as it approaches its 100-store opening milestone. The strong franchise development momentum will bring CycleBar’s state-of-the-art studios and energetic community engagement to neighborhoods across the country. The company is on pace to reach its overarching goal of having 150 studios open to riders by end of year. Read More...

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