Economy boosted by record number of adults exercising Sport Sport England has revealed that more adults than ever are doing the recommended amount of exercise – and it’s also a shot in the arm for the economy. The organisation’s latest Active Lives report found that 63.7 per cent of adults in England – 30m people – are doing at least 150 minutes of moderate [...]
Peloton: Eye-watering UK losses continue as more jobs cut Retail The UK arm of Peloton has reported another eye-watering loss as it continued to significantly cut jobs, it has been revealed. The London-headquartered division has posted a pre-tax loss of £94.3m for the 12 months to 30 June, 2024, after having also lost £115.2m in the prior year. The latest loss comes after Peloton UK [...]
Asda owner TDR Capital weighing up David Lloyd sale Business TDR Capital, the private equity giant behind the likes of Asda, is considering selling gym chain David Lloyd to itself. The firm has hired Jefferies to explore its options which could include transferring its stake from one of its funds to another while securing new investors. According to the FT, which first reported the story, [...]
The Gym Group: Revenue shoots up as growth plan gathers steam March 12, 2025 The Gym Group has reported a boost in revenue and profit as its ‘Next Chapter’ growth plan, launched in 2023, continues to pay off. The London-listed firm, which has more than 250 locations across Britain, reported a pre-tax profit of £3.6m in the year ended December 31, 2024, up from a pre-tax loss of £5.5m in [...]
Gym clothes for women: From Myprotein joggers to outdoor training January 8, 2025 If you have plans to kick off 2025 with a serious fitness kick then it’s important to look and feel the part. We have rounded up the best gym clothes from Myprotein, from super-supportive sports bras to leggings designed to improve your performance. What features should I look for in a sports bra? Choose a [...]
Gym clothes for men: From Myprotein joggers to outdoor training January 8, 2025 How are those new year’s resolutions looking? If you want to add a little style to your workout wardrobe to help keep you inspired, we have a list of the best gym clothes for men from Myprotein. What features should I look for in gym joggers? Look for joggers made from moisture-wicking fabrics to keep [...]
The Observatory Presents – A New Immersive Art and Wellness Space in the Eastern City January 7, 2025
Arnold Schwarzenegger-inspired Ultimate Performance receives boost January 6, 2025 Ultimate Performance, the gym and personal training chain inspired by Arnold Schwarzenegger, received a £1m boost ahead of selling a stake to a private equity firm. The Manchester-headquartered upmarket health and fitness group has reported a pre-tax profit of £1.7m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The new [...]
JD Gyms hails record year as sales pass £100m November 18, 2024 JD Gyms, which is part of the wider empire owned by FTSE 100 giant JD Sports, has posted a pre-tax loss despite its sales passing £100m in what the chain has described as a record financial year. The Greater Manchester-headquartered company has reported a pre-tax loss of £29,000 for the 12 months to 3 February, [...]
Virgin Active continues to make huge loss despite revenue passing £500m October 28, 2024 Virgin Active continued to make a huge pre-tax loss during its latest financial year despite its revenue passing £500m, it has been revealed. The London-headquartered chain has posted a pre-tax loss of £146.7m for 2023, after also reporting a loss of £147.3m in 2022. The last time the group made a pre-tax profit was the [...]