Peloton is set to axe around 800 jobs, increase the price of its equipment and close some of its
retail operations as part of efforts to turn around the decline in its business.
Peloton has announced that it will exit all owned manufacturing operations, cease making its
own products and instead expand its partnership with Taiwan-based manufacturer Rexon.
With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high-
end brand in the US and Europe, but is pausing UK expansion.
Following three disrupted lockdown years, the European fitness market bounced back in 2023,
according to Deloitte and EuropeActive’s hot off the press European Health & Fitness Market
Report 2024.
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs. [more...]
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set
against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn. [more...]
Peloton is set to axe around 800 jobs, increase the price of its equipment and close some of its
retail operations as part of efforts to turn around the decline in its business.
Peloton has announced that it will exit all owned manufacturing operations, cease making its
own products and instead expand its partnership with Taiwan-based manufacturer Rexon.
With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high-
end brand in the US and Europe, but is pausing UK expansion.
Following three disrupted lockdown years, the European fitness market bounced back in 2023,
according to Deloitte and EuropeActive’s hot off the press European Health & Fitness Market
Report 2024.
Operator Circadian Trust has launched a five-year growth drive designed to
support health and wellbeing across South Gloucestershire, UK. The initiative
will see a £2.4m investment in its five Active Lifestyle Centres.
Norwegian health club operator, Treningshelse Holding, which owns the Aktiv365 and Family
Sports Club fitness chains, has acquired fellow Norwegian operator, Aktiv Trening.
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs. [more...]
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set
against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn. [more...]