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Related News
2/4/2026
|
Apollo To Invest in Canada’s Largest Fitness Club Operator The GoodLife Group
(SGB UPDATE) Private equity giant Apollo Global Management has agreed to acquire a minority stake in The GoodLife Group, which operates 400 clubs across Canada with about 1.5 million members across its banners GoodLife Fitness, Fit4Less, GYMVMT and Éconofitness.
2/2/2026
|
Peloton Cuts 11 Percent of Workforce
(SGB UPDATE) Peloton Interactive, Inc. has laid off 11 percent of its workforce amid cost-cutting measures, with most of the cuts coming from its engineering teams, according to multiple reports.
A source told Bloomberg, which first reported the layoffs, that Peloton’s CEO, Peter Stern, who took the role in 2025, informed employees of the cuts on January 30. The affected engineers reportedly worked on technology and efforts for enterprise customers.
1/27/2026
|
Rep Fitness Opens UK Headquarters and Flagship Showroom
(SGB UPDATE) Colorado’s Rep Fitness has officially opened its UK headquarters and flagship retail showroom in the Southwest region of the country, marking the fitness brand’s planned international growth strategy.
The new 40,000-square-foot facility at St. Modwen Park in Gloucester brings together Rep Fitness’ UK head office, a distribution center capable of holding £10 million ($14M) in inventory, and the “country’s largest dedicated strength equipment showroom, spanning 6,200 square feet.”
1/23/2026
|
Life Time Sees Q4 Sales Exceeding Wall Street Targets, Forecasts 11 Percent Growth in 2026
(SGB UPDATE) Life Time Group Holdings Inc. said it expects sales and earnings for the fourth quarter and year to exceed analyst targets. The high-end fitness center operator also forecast sales to climb 10.7 percent in the current year, supported by the opening of 10 to 12 clubs and approximately 7 percent same-club growth.
1/23/2026
|
Burn Boot Camp Opened 36 New Gyms in 2025
(SGB UPDATE) Burn Boot Camp, based in Charlotte, NC, reported it signed 51 new agreements and opened 36 new gyms in 2025, including its first in West Virginia.
The company plans to open roughly 100 new gyms in 2026.
See More News