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NEWS
WIT Fitness set for relaunch as co-founders buy back majority stake
POSTED 07 Jun 2024 . BY Kath Hudson
WIT Fitness is set for a relaunch Credit: WIT Fitness/Frasers Group
Co-founders return to WIT Fitness
Sam Kitching and Daniel Williams are back with a majority stake
Frasers Group, which bought the company out of administration in January retains a minority stake
The brand will be relaunched this year for its 10th anniversary and open brick and mortar operations.
Co-founders of specialist gym and fitness wear company, WIT Fitness, have returned to the brand to lead the business in partnership with Frasers Group.

Retail giant, Frasers Group – owner of House of Fraser, Sports Direct and Everlast Gyms – acquired WIT in January from administrators RG Insolvency.

Now the co-founders, Sam Kitching and Daniel Williams, have returned to the business, buying back a majority stake through Friday&, a brand house where Kitching serves as managing partner. Frasers Group has retained a minority stake.

As part of the brand’s relaunch and to celebrate its 10th anniversary, WIT will roll-out physical activations throughout London in the coming months and launch a range of capsule collections ahead of an own-brand, unisex product launch in Q1 next year.

Kitching says: “The UK’s training communities have evolved so much since we first launched 10 years ago. Whether this is CrossFit, Hyrox, Pilates or other disciplines, the number of people who see training as their sport has exploded. We continue to understand this consumer better than anyone.”
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Jobs    News   Products   Magazine
NEWS
WIT Fitness set for relaunch as co-founders buy back majority stake
POSTED 07 Jun 2024 . BY Kath Hudson
WIT Fitness is set for a relaunch Credit: WIT Fitness/Frasers Group
Co-founders return to WIT Fitness
Sam Kitching and Daniel Williams are back with a majority stake
Frasers Group, which bought the company out of administration in January retains a minority stake
The brand will be relaunched this year for its 10th anniversary and open brick and mortar operations.
Co-founders of specialist gym and fitness wear company, WIT Fitness, have returned to the brand to lead the business in partnership with Frasers Group.

Retail giant, Frasers Group – owner of House of Fraser, Sports Direct and Everlast Gyms – acquired WIT in January from administrators RG Insolvency.

Now the co-founders, Sam Kitching and Daniel Williams, have returned to the business, buying back a majority stake through Friday&, a brand house where Kitching serves as managing partner. Frasers Group has retained a minority stake.

As part of the brand’s relaunch and to celebrate its 10th anniversary, WIT will roll-out physical activations throughout London in the coming months and launch a range of capsule collections ahead of an own-brand, unisex product launch in Q1 next year.

Kitching says: “The UK’s training communities have evolved so much since we first launched 10 years ago. Whether this is CrossFit, Hyrox, Pilates or other disciplines, the number of people who see training as their sport has exploded. We continue to understand this consumer better than anyone.”
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Nike and Hyperice collaborate on Paris 2024 recovery concept
Nike and recovery brand, Hyperice, have partnered to create two tech-driven recovery products – a vest and boots – ahead of Paris 2024.
Heartcore ordered to pay damages in Coreformer collapse case, with lessons for the sector
Boutique operator Heartcore is paying damages to a violinist whose career was cut short following an accident during a class in 2019.
Colruyt Group is using retail insight to drive its health club business, says PJ Nuitten
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