Athletech News — page 68

Crunch Fitness, the rapidly growing gym franchise with over 460 locations and 2.5 million members, is gearing up for international expansion.

Life Time continues to see historic levels of member retention and engagement, and the company plans to raise its full-year revenue and Adjusted EBITDA guidance, although shares of LTH fell in response to Wednesday’s Q1 earnings call.

Rhode Island-based Providence Equity Partners is acquiring VivaGym Group, a budget-friendly Iberian gym operator with over 100 clubs and 315,000 members in Spain and Portugal.

Studio Pilates hits 100 global locations with 24% revenue growth.

Allison Beardsley launches Red Light Method with 73% lead-to-show rate

Anytime Fitness drives revenue with personal training tech, accounting for 50% of revenue.

As the fitness franchise space heats up, many brands have their eyes set on expansion.

Stages Cycling, an indoor and outdoor cycling brand that supplies some of the biggest brands in fitness, has reportedly laid off its staff last week and may soon cease operations as it contends with decreased demand, cash flow and supply chain issues.

Snap Fitness has 1,000 global locations under CEO Ty Menzies.

Xponential Fitness acquires Lindora, a metabolic health brand, with 31 locations.

Blink Fitness invests millions in 30 top gyms amid 26% membership growth

Unique as it may be, the combination of Pilates, yoga and tone is on its way to becoming a more common workout modality across the globe.

Gen Z supports gender-segregated gym spaces, with 57% in favor.

Next Health plans to open 150 longevity clinics by 2027

ClubReady helps fitness brands scale with its web-based management platform

Amped Fitness, an amenity-reach high-value, low-price (HVLP) gym chain, is opening a West Palm Beach location this month with a premium feel that honors the vibrant arts scene for which the Florida city is known.

Pickleball franchises are cashing in on the pickleball craze, following an eye-opening report last year that identified a $900 million investment required to support pickleball’s massive boom with courts and other infrastructure needs.

Crunch Fitness uses humor to win over Gen Z with 450 gyms

Europe is experiencing a fitness boom, with health and fitness center revenue and membership numbers topping pre-pandemic levels and 100 million European gym members predicted by 2030, according to a new report from EuropeActive and Deloitte.

Xponential Fitness names Duncan Cork as president of Body Fit Training to drive growth in North America

Life Time, already deeply invested in the pickleball craze to satisfy rising demand, has partnered with Ben and Collin Johns, two pickleball pros, to produce a series of 70 instructional videos centering on the popular court-based sport.

Boutique fitness leaders say diversity and inclusion are key to success

Planet Fitness names Colleen Keating CEO with $1 million salary.

Having supplied thousands of locations as a leading manufacturer of smart fitness equipment and best-in-class workout content, Echelon is all in on the power of connected fitness for franchise brands.