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NEWS
LA fitness – diversifying or downsizing?
POSTED 21 Jan 2014 . BY Jak Phillips
The company expects to deliver LA 20 sessions to over 12,000 people in February Credit: Shutterstock
LA fitness has rolled out its new high intensity, 20-minute signature classes across its UK and Ireland clubs, following their popularity at the operator's new premium LAX facility in central London.

The operator launched 'LA 20' high intensity 20-minute training sessions – originally piloted at LAX, where they were branded LAX20 – across all 79 LA fitness clubs on 6 January.

The popularity of these sessions further fuels suspicions that the company may make a move into the microgym sector – something company CEO Martin Long hinted at in his recent interview with Health Club Management magazine.

But amid these rumours of potential expansion and diversification – about which the company remains tight-lipped – there are also signs that LA fitness could be looking to downsize its core business and offload unprofitable clubs.

The Sunday Times reports that restructuring expert Andy Leeser has been brought in to lead a turnaround and is looking at a company voluntary arrangement (CVA), which allows troubled businesses to shed loss-making properties and concentrate on a smaller, profitable estate.

“I cannot confirm or deny anything but we are always looking at different options,” company chair Fred Turok was quoted as saying.
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NEWS
LA fitness – diversifying or downsizing?
POSTED 21 Jan 2014 . BY Jak Phillips
The company expects to deliver LA 20 sessions to over 12,000 people in February Credit: Shutterstock
LA fitness has rolled out its new high intensity, 20-minute signature classes across its UK and Ireland clubs, following their popularity at the operator's new premium LAX facility in central London.

The operator launched 'LA 20' high intensity 20-minute training sessions – originally piloted at LAX, where they were branded LAX20 – across all 79 LA fitness clubs on 6 January.

The popularity of these sessions further fuels suspicions that the company may make a move into the microgym sector – something company CEO Martin Long hinted at in his recent interview with Health Club Management magazine.

But amid these rumours of potential expansion and diversification – about which the company remains tight-lipped – there are also signs that LA fitness could be looking to downsize its core business and offload unprofitable clubs.

The Sunday Times reports that restructuring expert Andy Leeser has been brought in to lead a turnaround and is looking at a company voluntary arrangement (CVA), which allows troubled businesses to shed loss-making properties and concentrate on a smaller, profitable estate.

“I cannot confirm or deny anything but we are always looking at different options,” company chair Fred Turok was quoted as saying.
MORE NEWS
UK updates physical activity guidelines with focus on daily movement
The UK's four Chief Medical Officers have published a refreshed edition of Physical activity guidelines: UK Chief Medical Officers' report, updating the evidence that underpins the nation's physical activity recommendations and placing greater emphasis on strength, balance, reducing sedentary behaviour and, for the first time, supporting people taking weight loss medications.
Places Leisure is working with Roberts Limbrick to build £60m wellness flagship in Basingstoke
Places Leisure has exchanged contracts to build and operate a flagship £60m water and leisure destination on behalf of Basingstoke and Deane Borough Council.
PureGym announces expansion into Ireland
The Republic of Ireland will become the latest market in PureGym’s expanding international portfolio, with the first launch planned for Dublin in 2027.
Total Fitness CEO Sophie Lawler launches leadership coaching venture
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CoverMe extends matching service to personal training, rewriting how members and personal trainers connect
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Everyone Active

Everyone Active operates leisure centres in partnership with local councils across the UK. Today, Ev [more...]
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DIARY

 

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