PureGym: Losses near £90m amid huge expansion drive Business Losses at PureGym widened to almost £90m as it created hundreds of jobs and opened new locations in 2024, it has been revealed. The Leeds-headquartered low-cost chain has posted a pre-tax loss of £88.5m for its latest financial year, after having also lost £77.6m in the prior 12 months. In 2024, PureGym increased its headcount [...]
Are Gen Z ditching the pub for the gym? Business Gen Z are ditching the pub and choosing to socialise with their friends at the gym more, the boss of one of the UK's largest chains has said.
Puregym bulks up in US market as membership soars Retail UK-based gym operator Puregym is set to expand into the US after a bumper 2024. The firm increased revenue by 10 per cent to £605m as membership soared. The British gym franchise ended 2024 with 2.25m customers, adding 400k in the last year – a jump of 21 per cent. The group’s total gyms rose [...]
Puregym: UK surge helps half-year sales reach milestone August 29, 2024 A surge in its UK performance helped Puregym post sales of £300m for the first half of its financial year. The Leeds-headquartered company achieved a 10 per cent increase in its total revenue for the six months to 30 June, 2024, according to newly-released figures. Puregym’s UK revenue rose by 15 per cent to £205m [...]
Puregym poaches Punch Pubs boss as new chief August 21, 2024 Puregym has poached the chief executive of Punch Pubs & Co as its new boss. Clive Chesser will succeed Humphrey Cobbold, who will become Puregym’s new chair. Chesser and Cobbold are expected to take on their new roles on 6 November. In a separate announcement, Punch Pubs & Co confirmed that its chief operating officer, [...]
Apple’s latest iPad advert backfired, but how does it rank amongst the worst ever? May 11, 2024 We have gone through some other commercials and advertising campaigns which spectacularly backfired, to consider where they rank.
Puregym targets up to 70 new sites this year after revenue boost April 23, 2024 PureGym has said it plans to keep expanding with new gyms, targeting between 60-70 new gyms this year across its markets.