Health and Fitness Club Industry News
Sunday, August 9th, 2026
Peloton and iFIT Announce Settlement of All Pending Litigation
Posted: May 16, 2022 in Suppliers
NEW YORK, N.Y. and LOGAN, UT - Peloton (NASDAQ: PTON) and iFIT announce the settlement of all pending litigation between them. All pending actions between the companies will be dismissed. As a result of this comprehensive settlement, iFIT has agreed to remove certain on-demand leaderboard technology from its products, and Peloton has agreed to license certain iFIT patents relating to remote control technology. The parties are pleased to put the litigations behind them and will have no further comment. Read More...
Life Time Closes on $175 Million in Sale-Leaseback Transactions Year To Date
Posted: May 16, 2022 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces it has now closed on sale-leaseback transactions involving four of its owned properties totaling $175 million. Read More...
Wellbeats President Jason Von Bank Named Award Finalist
Posted: May 16, 2022 in Suppliers
MINNEAPOLIS, MN - Wellbeats, a LifeSpeak company, announces that Jason Von Bank, Wellbeats President and LifeSpeak COO, has been selected as a Finalist for the prestigious Ernst & Young (EY) Entrepreneur of the Year 2022 Heartland Award. Von Bank was chosen by a panel of independent judges based on criteria that included entrepreneurial spirit, purpose, growth and impact, among other core contributions and attributes. Read More...
Athletic Republic Announces National Franchise Expansion as the Demand for Science-Backed Training Continues to Grow
Posted: May 16, 2022 in Chains
PARK CITY, UT - Athletic Republic, a premier destination for individualized, sport-specific training backed by data and science, has announced plans for national expansion through franchising. Revolutionizing how we approach fitness, Athletic Republic trains the metabolic, neurologic and muscular systems in order for athletes both to maximize their abilities and achieve their sport performance goals. Read More...
Crunch Franchise Announces Newest Location in Warner Robins, Georgia
Posted: May 11, 2022 in Chains
WARNER ROBINS, GA - Crunch Franchise has announced the upcoming October 2022 opening of Crunch Warner Robins, a spacious 40,000-square-foot fitness facility, with state-of-the-art equipment and amenities. Crunch Warner Robins is owned by fitness industry veteran and enthusiast Brian Hibbard, Chief Executive Officer for Fitness Ventures, LLC, which owns and operates Crunch Fitness locations across the U.S. Read More...
SilverSneakers Marks Unparalleled 30 Year Legacy of Reinventing Active Aging
Posted: May 11, 2022 in Suppliers
FRANKLIN, TN - SilverSneakers by Tivity Health, a leading community fitness program for seniors, will host a series of virtual and in-person events and activities throughout 2022 to honor its rich history and steadfast growth over the past 30 years. The company is not only celebrating the brand's longevity but also its evolution to a healthy lifestyle program that continues to meet members where they are by offering in-person and virtual senior-focused curriculum, physical activity, social engagement and mental enrichment opportunities. Read More...
CycleBar Opens 250th Studio, Rides Past 500 Signed Agreements
Posted: May 11, 2022 in Chains
IRVINE, CA - CycleBar, the world’s largest indoor cycling brand, announceds it has opened its 250th studio and secured more than 500 franchise agreements, vastly increasing its reach amidst a global pandemic. Since being acquired by Xponential Fitness in 2017, CycleBar’s trajectory has been tremendous, further heightened by the boom in the popularity of indoor cycling during the pandemic. In the past year alone, the brand secured more than 100 franchise agreements, and the milestone 250th studio, owned by Beth Russo, opened recently in Parker, Colorado. Read More...
Planet Fitness Announces New Development Agreement in New Zealand
Posted: May 10, 2022 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) has announced the Company has signed an Area Development Agreement with Castle Point Fitness NZ Ltd. ("Castle Point"), to expand the brand into New Zealand. Castle Point is a joint venture between the founder of The Fresnel Companies, LLC, a U.S. based investment firm with substantial international experience, and a private family office. The agreement will bring a minimum of 25 Planet Fitness locations to New Zealand over the next several years. Read More...
Xponential Fitness Signs Multi-Brand Master Franchise Agreement for Mexico
Posted: May 10, 2022 in Chains
IRVINE, CA - Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, announces it has signed a Master Franchise Agreement in Mexico for three of its brands: StretchLab, Rumble and AKT. The agreement provides the Master Franchisee with the opportunity to license at least 60 studios across the three brands to potential franchisees in Mexico over the next 10 years. Read More...
Genesis Health Clubs Acquires Two VASA Fitness Locations
Posted: May 9, 2022 in Chains
WICHITA, KS - Genesis Health Clubs has announced the purchase of both Wichita-area VASA Fitness locations. The move is the latest in a dramatic strengthening of the company’s footprint in and around its home base and corporate headquarters in Wichita after years of expansion in the surrounding cities and states. Read More...
