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Xponential inks deal to take Club Pilates to South Korea as part of Asian expansion
POSTED 06 Nov 2019 . BY Tom Walker
XFactor - the master franchisee – will open a pilot studio in Seoul by January 2020 and will launch franchising efforts shortly thereafter Credit: Club Pilates
Xponential Fitness has signed a master franchise deal to open 100 Club Pilates studios in South Korea over the next five years.

The deal will see Steven Lee, the former CEO of Pizza Hut Korea, become the master franchisee of Club Pilates in the country through his company XFactor Fitness.

XFactor will open a pilot studio in the capital city Seoul by January 2020 and will launch franchising efforts shortly thereafter.

After the Club Pilates debut, XFactor is slated to bring other Xponential Fitness brands to the country, beginning in late 2020.

The signing of the deal comes hot on the heals of Xponential securing a similar deal in Japan, which will result in up to 165 Club Pilates opening in the country.

"South Koreans are early adopters of global fitness trends," said John Kersh, chief international development officer for Xponential Fitness.

"We believe Club Pilates and other Xponential Fitness brands will quickly become market leaders as Korean consumers experience our wide variety of classes, welcome environment and outstanding instructors."

Xponential acquired the Club Pilates brand in 2015.

The fitness behemoth's other brands are premium indoor cycling franchise CycleBar; group stretching chain StretchLab; indoor rowing brand Row House; dance-based cardio studio operator AKT; yoga franchise YogaSix; ballet barre chain Pure Barre and STRIDE, a treadmill-based cardio and strength studio operator.

• To read an interview with Xponential Fitness founder Anthony Geisler, click here for the March issue of HCM magazine.
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Jobs    News   Products   Magazine
NEWS
Xponential inks deal to take Club Pilates to South Korea as part of Asian expansion
POSTED 06 Nov 2019 . BY Tom Walker
XFactor - the master franchisee – will open a pilot studio in Seoul by January 2020 and will launch franchising efforts shortly thereafter Credit: Club Pilates
Xponential Fitness has signed a master franchise deal to open 100 Club Pilates studios in South Korea over the next five years.

The deal will see Steven Lee, the former CEO of Pizza Hut Korea, become the master franchisee of Club Pilates in the country through his company XFactor Fitness.

XFactor will open a pilot studio in the capital city Seoul by January 2020 and will launch franchising efforts shortly thereafter.

After the Club Pilates debut, XFactor is slated to bring other Xponential Fitness brands to the country, beginning in late 2020.

The signing of the deal comes hot on the heals of Xponential securing a similar deal in Japan, which will result in up to 165 Club Pilates opening in the country.

"South Koreans are early adopters of global fitness trends," said John Kersh, chief international development officer for Xponential Fitness.

"We believe Club Pilates and other Xponential Fitness brands will quickly become market leaders as Korean consumers experience our wide variety of classes, welcome environment and outstanding instructors."

Xponential acquired the Club Pilates brand in 2015.

The fitness behemoth's other brands are premium indoor cycling franchise CycleBar; group stretching chain StretchLab; indoor rowing brand Row House; dance-based cardio studio operator AKT; yoga franchise YogaSix; ballet barre chain Pure Barre and STRIDE, a treadmill-based cardio and strength studio operator.

• To read an interview with Xponential Fitness founder Anthony Geisler, click here for the March issue of HCM magazine.
RELATED STORIES
Fitness franchise StretchLab invests in movement inefficiency tech


US fitness franchise StretchLab has revealed plans to add machines that identify movement inefficiencies into its programming.
Xponential Fitness-backed AKT plans to open 500 new locations by 2021


Dance-based boutique studio operator AKT has revealed ambitious plans to grow its US portfolio from the current 50 sites to 500 by 2021.
FEATURE: Top team: Anthony Geisler


The founder of Xponential Fitness, Anthony Geisler, discusses the secrets behind his success, and tells us why franchising is key to crushing the big box chains
Xponential Fitness adds sixth brand to portfolio – acquires boutique yoga chain


US-based Xponential Fitness has acquired San Diego-based boutique chain Yoga Six – making it the sixth fitness brand in Xponential's rapidly growing portfolio.
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Gymnation launches branded athleisure collection for men with muscle thobe and ghutra
In response to customer demand, Gymnation has unveiled a muscle thobe and ghutra range for Saudi men that celebrates Saudi culture as well as the region’s growing interest in fitness.
World Firefighters Games creates new opportunities for collaboration with the fitness sector
Italian Exhibition Group – the organiser behind industry events Dubai Active and Dubai Muscle Show – has been appointed to deliver the Health and Wellness Expo and Fire and Safety Expo at the 16th World Firefighters Games.
Planet Fitness deal hints at blueprint for global expansion
Private investment company, Franchise Equity Partners, has acquired Bravo Fit, the Planet Fitness franchisee in Australia, from existing shareholders.
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