Posts filed under “UK health and fitness news”

Click to join, click to give: The Gym Group

This is the second of a year-long series of Gymtopia projects being serialised in Health Club Management magazine. This second article discusses UK-based The Gym Group and their online charity giving programme.      

Why giving back to communities matters to The Gym Group

Recently, I caught up with John Treharne, CEO of UK-based, The Gym Group. We were discussing Gymtopia, my new project, and the various Charity partners that the The Gym Group supports. Here is the interview: ------------- Ray Algar: When was The Gym Group founded and why was it started? John Treharne: ‘The Gym ...

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Phoenix Equity Partners invest in The Gym Group

After much speculation about The Gym Group's new investment partner, Phoenix Equity Partners today confirmed it has agreed terms to finance further UK expansion. Phoenix is a leading UK middle-market private equity firm. Phoenix's strategy is to acquire significant stakes in businesses alongside management teams and work with those teams to ...

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2012 UK Low-cost Gym Sector Report – Ray Algar

I have now published the 2012 UK Low-cost Gym Sector Report which can be purchased from the Knowledge Store. Please leave a comment below, or on the report website, when you have read the report.  

Sunday Times review of the UK Low-cost Gym Sector

Matthew Goodman wrote an informative article on the UK low-cost gym sector for the Business section of the Sunday Times on the 28th October 2012. Here is an excerpt: 'Security at the gym is almost as tight as at a bank vault. Punch in the passcode and the curved doors slide open. ...

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Power Plate International collapses into administration

An industry colleague advised me today that Power Plate International Ltd trading as 'Power Plate' has collapsed into administration. When I looked into this, Paul John Clark and Philip Francis Duffy of Duff & Phelps Ltd were appointed Joint Administrators on 24th September 2012. This is the same firm appointed ...

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Visit to David Lloyd Leisure Studio – Putney

Today I visited the new David Lloyd Leisure studio, which has opened in Putney South West London. The studio represents a new strategic direction for the company, which is seeking different ways to harness its health and fitness expertise. These small studios or ‘micro clubs’ allow the brand to bring ...

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David Lloyd Leisure opens first ‘club’ on the British high street

This weekend (September 29th 2012), David Lloyd Leisure bring its health and fitness expertise to the high street with the opening of its first 'micro club' in Putney, South west London. These new 'studios' offer a range of classes, personal training and physiotherapy. This is an interesting expansion of David Lloyd ...

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Stepping down as Chairman of Wave Leisure Trust

At last night's annual general meeting, I stepped down as Chairman of Wave Leisure Trust. I have been involved with Wave Leisure as a Trustee, Deputy Chairman and Chairman since it commenced trading on April 1st 2006. Six years is the maximum term that I can serve given that Wave ...

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Fitness First restructuring today approved by creditors

The long-term restructuring of Fitness First took a  significant forward step today after the required majority of unsecured creditors (approval for a CVA requires 75% consent from affected creditors) agreed the Company Voluntary Arrangement (CVA) led by KPMG.   62 of the company's UK clubs are involved in the CVA which involves: Landlords ...

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