STA-Swimming Teachers Association
STA-Swimming Teachers Association
STA-Swimming Teachers Association
Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

SoulCycle announces plans for IPO

Another day, another US fitness IPO. Following the news this week that budget chain Planet Fitness is to go public, US-based boutique cycling studio operator SoulCycle has confirmed it too will float on the stock market.

Yesterday’s (July 30) filing with US regulators came after weeks of speculation that SoulCycle would become the latest fitness company to undergo a public offering. Wall Street has shown an appetite for health and fitness floatations through both the warm reception to the Planet Fitness news and the staggering response to Fitbit’s listing earlier this year, when shares jumped 60 per cent on opening.

SoulCycle has gained a cult following in the US, enhanced by celebrity fans such as David Beckham and Tom Cruise. The boutique offering has around 40 US studios with a heavy focus on New York, and is expected to operate up to 60 clubs worldwide by 2016.

In addition to its popular classes, the company also has a retail clothing line, the popularity of which helped SoulCycle increase net income by about 42 per cent to US$25.3m (€23m, £16m) in 2014.

In its filing on Thursday, the company outlined a nominal fundraising target of US$100m (€91m, £64m), although this could change. It also did not specify how many shares the company planned to sell, the expected price or the exchange on which it intends to list its shares.

Founded in 2006 by former real estate broker Elizabeth Cutler and former talent agent Julie Rice, the pair reportedly sold a majority stake to Equinox Holdings – owned by real estate firm Related Cos and buyout firm Leonard Green & Partners LP – earlier this year.

Sign up for FREE ezines & magazines
Another day, another US fitness IPO. Following the news this week that budget chain Planet Fitness is to go public, US-based boutique cycling studio operator SoulCycle has confirmed it too will float on the stock market.
HAF,FIT,IND,SAB,CAS
812188_997079.jpg
Latest News
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Features
Retention
There’s no one thing that will fix your member retention, but clarity of mission, a strong culture and an eye for data will drive significant change. Kate Cracknell reports from this year’s Retention Convention
Features
Retention
Are you optimising HIIT for your members, or are they put off by the pain? Abigail Harris looks at research into ways to better support members towards a positive outcome
Features
HCM Celebs
In the name of work, Australian actor Chris Hemsworth has undergone impressive physical transformations for film roles such as Thor in The Avengers and Marvel films. Inspired by the public’s interest in his workouts, he’s now created a health and fitness app called Centr that utilises the expertise of his team of world-class experts
Features
Flooring
With the increase in popularity of functional training, the floor is increasingly becoming a piece of equipment in itself. Kath Hudson investigates
Features
Statistics
The fitness market in Europe is entering a new phase of growth according to the European Health & Fitness Market Report 2019 by EuropeActive and Deloitte. HCM reports
Features
Innovation
Silicon Valley hacker Dave Asprey used his tech skills to gather the latest fitness kit to create a bio hacking boutique. Kath Hudson investigates cusapero
Features
Active ageing
The older people get, the more likely they are to have a long term health condition. But getting ill is not an inevitable consequence of getting older, so targeting the over 50s market could bring about multiple wins. Kath Hudson reports
Features
Research
New research from Deloitte China and IHRSA shows the market for health and fitness in India is starting to grow, as Kirsten Walsh reports
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New technology is transforming the way the health and fitness industry functions and interacts with customers. Liz Terry catches up with operators around the industry for an update
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Strength
Do you need strength training kit that fits a smaller space? Julie Fisher takes a look at the options
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HCM Celebs
Being a touring musician can be tough on your wellbeing, so country music star, Tim McGraw, developed his own workouts to stay fit. Now he’s collaborating with Snap to launch a gym brand
Features
People
We estimate that we have 110,000 children in primary schools that have introduced the Daily Mile as part of the everyday school day. That’s 400 schools, and the feedback is great. It’s been a real success
People
Much of the fitness industry branding is based on a no pain, no gain philosophy, but we didn’t want to present Rabble like that, even though a session is ridiculously tiring!
People
We want to develop the next generation of health and wellbeing centres, offering a mix of clinical, physical and emotional wellbeing services
Promotional Feature
Promotional feature
Legend announces the industry’s first open leisure management platform for all 2,000 of its clients
Job search
POST YOUR JOB
Featured supplier news
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Saunton Sands Hotel in Devon, UK, has completed a £2m expansion of its spa and wellness facilities.
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Opinion
promotion
I’ll be honest - it feels a bit funny writing an opinion piece in an aggregator special when, fundamentally, I can’t really say that I work for an ‘aggregator!’
Opinion: Let's distinguish new market entrants by those that add value and those that don't
Member retention is a growing problem for long-established gym chains, who are battling the growing budget and boutique gym market.
Opinion: Are you trying to beat budget gyms at their own game?
Video Gallery
TRX MAPS
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TRX MAPS completes body movement assessments in just 30 seconds to help trainers develop personalized fitness plans and goals for members. Read more
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At Matrix Fitness, our goal is to make innovative commercial fitness equipment that stands out ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Trade associations
International SPA Association - iSPA: Trade associations
Lockers/interior design
Fitlockers: Lockers/interior design
Management software
GymSales: Management software
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Professional services
Deloitte UK: Professional services
Exercise equipment
Eleiko Sport AB: Exercise equipment
Spa software
SpaBooker: Spa software
Skincare
Comfort Zone - Davines S.p.A: Skincare
Fitness equipment
Physical Company Ltd: Fitness equipment
Property & Tenders
Will to Win
Property & Tenders
Diary dates
26-27 Jun 2019
Villa Park, Birmingham, United Kingdom
Diary dates
06-07 Jul 2019
Monte-Carlo, Monaco
Diary dates

News

SoulCycle announces plans for IPO

Another day, another US fitness IPO. Following the news this week that budget chain Planet Fitness is to go public, US-based boutique cycling studio operator SoulCycle has confirmed it too will float on the stock market.

Yesterday’s (July 30) filing with US regulators came after weeks of speculation that SoulCycle would become the latest fitness company to undergo a public offering. Wall Street has shown an appetite for health and fitness floatations through both the warm reception to the Planet Fitness news and the staggering response to Fitbit’s listing earlier this year, when shares jumped 60 per cent on opening.

SoulCycle has gained a cult following in the US, enhanced by celebrity fans such as David Beckham and Tom Cruise. The boutique offering has around 40 US studios with a heavy focus on New York, and is expected to operate up to 60 clubs worldwide by 2016.

In addition to its popular classes, the company also has a retail clothing line, the popularity of which helped SoulCycle increase net income by about 42 per cent to US$25.3m (€23m, £16m) in 2014.

In its filing on Thursday, the company outlined a nominal fundraising target of US$100m (€91m, £64m), although this could change. It also did not specify how many shares the company planned to sell, the expected price or the exchange on which it intends to list its shares.

Founded in 2006 by former real estate broker Elizabeth Cutler and former talent agent Julie Rice, the pair reportedly sold a majority stake to Equinox Holdings – owned by real estate firm Related Cos and buyout firm Leonard Green & Partners LP – earlier this year.

Sign up for FREE ezines & magazines
Another day, another US fitness IPO. Following the news this week that budget chain Planet Fitness is to go public, US-based boutique cycling studio operator SoulCycle has confirmed it too will float on the stock market.
HAF,FIT,IND,SAB,CAS
812188_997079.jpg

News

Women's fashion magazine Stylist has entered the fitness market by opening a female-only boutique studio
Creating opportunities for older people to get physically active represents a major driver for growth
Australian fitness franchise F45 has secured deals to open sites in emerging markets across the
The Bannatyne Group has completed a £750,000 redevelopment of its latest acquisition, the historic Cookridge
Corporate fitness sales specialist Gympass has secured additional financial backing believed to be around US$300m
Three-time National Basketball Association (NBA) Champion Draymond Green has opened his first Blink Fitness gym
Dyaco International
Dyaco International
There is no doubt that the boutique studio market is expanding rapidly. London is leading
Ukactive has set out on a membership consultation, asking for views on how the not-for-profit
Northumbria University (NU) has set out to uncover in detail the important role that structured
A majority of mothers do not exercise because it makes them feel guilty about not
Fitness giant Les Mills has launched three new studio spaces at its iconic Auckland City
Wellness industry technology platform Mindbody has appointed Phil Coxon as managing director of Mindbody Europe.
Low-cost gym operator EōS Fitness has acquired five former Gold's Gym locations in Utah –
Focus Training
Focus Training
Saunton Sands Hotel in Devon, UK, has completed a £2m expansion of its spa and
Health club operator Total Fitness has completed a turnaround of its fortunes, reversing a "steady
CoachAi, a virtual companion that interacts with members through their smartphones, has been declared the
The Gym Group has launched a marketing campaign targeting teenagers who are in the midst
Alliance Leisure
Alliance Leisure
1 - 15 of 10,972
Features
Retention
There’s no one thing that will fix your member retention, but clarity of mission, a strong culture and an eye for data will drive significant change. Kate Cracknell reports from this year’s Retention Convention
Features
Retention
Are you optimising HIIT for your members, or are they put off by the pain? Abigail Harris looks at research into ways to better support members towards a positive outcome
Features
HCM Celebs
In the name of work, Australian actor Chris Hemsworth has undergone impressive physical transformations for film roles such as Thor in The Avengers and Marvel films. Inspired by the public’s interest in his workouts, he’s now created a health and fitness app called Centr that utilises the expertise of his team of world-class experts
Features
Flooring
With the increase in popularity of functional training, the floor is increasingly becoming a piece of equipment in itself. Kath Hudson investigates
Features
Statistics
The fitness market in Europe is entering a new phase of growth according to the European Health & Fitness Market Report 2019 by EuropeActive and Deloitte. HCM reports
Features
Innovation
Silicon Valley hacker Dave Asprey used his tech skills to gather the latest fitness kit to create a bio hacking boutique. Kath Hudson investigates cusapero
Features
Active ageing
The older people get, the more likely they are to have a long term health condition. But getting ill is not an inevitable consequence of getting older, so targeting the over 50s market could bring about multiple wins. Kath Hudson reports
Features
Research
New research from Deloitte China and IHRSA shows the market for health and fitness in India is starting to grow, as Kirsten Walsh reports
Features
Software
New technology is transforming the way the health and fitness industry functions and interacts with customers. Liz Terry catches up with operators around the industry for an update
Features
Strength
Do you need strength training kit that fits a smaller space? Julie Fisher takes a look at the options
Features
HCM Celebs
Being a touring musician can be tough on your wellbeing, so country music star, Tim McGraw, developed his own workouts to stay fit. Now he’s collaborating with Snap to launch a gym brand
Features
People
We estimate that we have 110,000 children in primary schools that have introduced the Daily Mile as part of the everyday school day. That’s 400 schools, and the feedback is great. It’s been a real success
People
Much of the fitness industry branding is based on a no pain, no gain philosophy, but we didn’t want to present Rabble like that, even though a session is ridiculously tiring!
People
We want to develop the next generation of health and wellbeing centres, offering a mix of clinical, physical and emotional wellbeing services
People
As clubs with swimming pools and health and beauty facilities, the low cost model wasn’t going to work for us, but the clubs weren’t as high-end as David Lloyd clubs either. Our first intervention was to win over the staff and encourage them to act as though it was a high-end club
People
With two instructors per class – one devoted to correcting form – we fix people, and this creates clients for life
People
Technogym has helped us ensure that every facility has the same selection of equipment. It’s part of the commitment we’ve made to deliver a top quality service for every community
People
We’re raising our seventh fund now which will be a US$400m fund and in a few years’ time should have close to US$1bn invested in our active funds across the sector
People
We noticed this gap in the UK market for a complete workout that invigorates the body while impacting the mind
People
Ceilidh dancing is great; it’s full of fun and energy and after a night of it you leave happy, smiling and sweating
People
Promotional Feature
Promotional feature
Legend announces the industry’s first open leisure management platform for all 2,000 of its clients
Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Crown overhaul changing rooms at Saunton Sands spa
Saunton Sands Hotel in Devon, UK, has completed a £2m expansion of its spa and wellness facilities.
Featured supplier news
Featured supplier: Myzone vs. wrist trackers
According to ACSM’s Health and Fitness Journal, wearables trumped the top spot for trends in 2019. However, the question between Myzone or wrist trackers still stands.
Opinion
promotion
I’ll be honest - it feels a bit funny writing an opinion piece in an aggregator special when, fundamentally, I can’t really say that I work for an ‘aggregator!’
Opinion: Let's distinguish new market entrants by those that add value and those that don't
Member retention is a growing problem for long-established gym chains, who are battling the growing budget and boutique gym market.
Opinion: Are you trying to beat budget gyms at their own game?
Video Gallery
TRX MAPS
TRX Training
TRX MAPS completes body movement assessments in just 30 seconds to help trainers develop personalized fitness plans and goals for members. Read more
More videos:
Company profiles
Company profile: Wattbike
Wattbike is the creator of the world’s most advanced and innovative indoor bikes, developed in ...
Company profiles
Company profile: Matrix Fitness
At Matrix Fitness, our goal is to make innovative commercial fitness equipment that stands out ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Trade associations
International SPA Association - iSPA: Trade associations
Lockers/interior design
Fitlockers: Lockers/interior design
Management software
GymSales: Management software
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Professional services
Deloitte UK: Professional services
Exercise equipment
Eleiko Sport AB: Exercise equipment
Spa software
SpaBooker: Spa software
Skincare
Comfort Zone - Davines S.p.A: Skincare
Fitness equipment
Physical Company Ltd: Fitness equipment
Property & Tenders
Will to Win
Property & Tenders
Diary dates
26-27 Jun 2019
Villa Park, Birmingham, United Kingdom
Diary dates
06-07 Jul 2019
Monte-Carlo, Monaco
Diary dates
Search news & features:
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STA-Swimming Teachers Association
STA-Swimming Teachers Association