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Technogym
Technogym
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Brexit won’t blow us off course, says Treharne

The economic fallout from Britain’s historic vote to leave the European Union isn’t causing any sleepless nights for The Gym Group, according to the company’s CEO.

John Treharne believes the gym chain he founded in 2008 is well-placed to weather any resultant financial storms, pointing to the company’s rapid rise during the last global recession as evidence of its durability.

“Fundamentally, there’s no reason why Brexit should impact on our business – we don’t trade with Europe and we don’t trade in euros. Yes we buy some products from Europe, but that’s not really a problem,” Treharne told Health Club Management.

“People ask ‘what happens if the economic climate deteriorates?’ There’s no guarantee that it will happen, but if it did, low cost businesses have demonstrated their ability to trade strongly, both in strong and weak economic climates. It certainly doesn’t keep us awake at night.”

Treharne said his gyms do employ a fair share of workers from the European Union, but believes the UK’s wide pool of young physical activity sector talent means any changes to employment regulations would not have a material impact on the gym chain.

It remains unclear how the eventual Brexit will affect the physical activity sector in the long term, however market uncertainty has already caused Pure Gym to place its own IPO ambitions on ice in the short term.

Having warned against the perils of Brexit ahead of the 23 June referendum, ukactive executive director Steven Ward concluded last week’s Flame Awards with a rallying call for the sector to excel in the face of adversity. An impassioned Ward praised the industry’s sustained growth during the last recession, adding that the sector’s talent and commitment to improving the nation’s health would see it meet and defeat the latest set of challenges.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The economic fallout from Britain’s historic vote to leave the European Union isn’t causing any sleepless nights for The Gym Group, according to the company’s CEO.
HAF,FIT,IND,PHR
THUMB10979_638633.jpg
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Catalogue Gallery
Click on a catalogue to view it online
Directory
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fibodo Limited: Management software
Red Light Therapy
 Red Light Rising: Red Light Therapy
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Lockers/interior design
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Property & Tenders
Newport, Shropshire
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Pendine Sands, Carmarthenshire
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Property & Tenders
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
13-14 Oct 2021
Online,
Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

Brexit won’t blow us off course, says Treharne

The economic fallout from Britain’s historic vote to leave the European Union isn’t causing any sleepless nights for The Gym Group, according to the company’s CEO.

John Treharne believes the gym chain he founded in 2008 is well-placed to weather any resultant financial storms, pointing to the company’s rapid rise during the last global recession as evidence of its durability.

“Fundamentally, there’s no reason why Brexit should impact on our business – we don’t trade with Europe and we don’t trade in euros. Yes we buy some products from Europe, but that’s not really a problem,” Treharne told Health Club Management.

“People ask ‘what happens if the economic climate deteriorates?’ There’s no guarantee that it will happen, but if it did, low cost businesses have demonstrated their ability to trade strongly, both in strong and weak economic climates. It certainly doesn’t keep us awake at night.”

Treharne said his gyms do employ a fair share of workers from the European Union, but believes the UK’s wide pool of young physical activity sector talent means any changes to employment regulations would not have a material impact on the gym chain.

It remains unclear how the eventual Brexit will affect the physical activity sector in the long term, however market uncertainty has already caused Pure Gym to place its own IPO ambitions on ice in the short term.

Having warned against the perils of Brexit ahead of the 23 June referendum, ukactive executive director Steven Ward concluded last week’s Flame Awards with a rallying call for the sector to excel in the face of adversity. An impassioned Ward praised the industry’s sustained growth during the last recession, adding that the sector’s talent and commitment to improving the nation’s health would see it meet and defeat the latest set of challenges.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The economic fallout from Britain’s historic vote to leave the European Union isn’t causing any sleepless nights for The Gym Group, according to the company’s CEO.
HAF,FIT,IND,PHR
THUMB10979_638633.jpg

News

The US fitness industry lost around 58 per cent of its revenues during 2020, due
Speaking exclusive to HCM, Ralph Scholz and Nathalie Smeeman have confirmed that B2B trade show
The Pingdemic of people receiving notifications on their phones, telling them to self-isolate because of
The Gym Group has extended its partnership with digital fitness platform Fiit, becoming the first
The world's largest fitness trade fair, FIBO, has been rescheduled again and will now take
Rainer Schaller, founder of budget gym megabrand McFIT, says that the global fitness industry will
Miha Bodytec GmbH
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The most high-risk and controversial Olympics of modern times begin today (23 July) in Tokyo,
Further research into the levels of positive COVID-19 cases among those to have visited fitness
Planning approval has been granted to what is set to become one of the first
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Life Fitness (UK) Ltd
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With gyms reopening as the fitness industry recovers from the impact of the pandemic, members
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HCM Magazine
Research
The Net Promoter Score has increased to 52, up from pre-COVID industry averages of 40-45 for local authority facilities
HCM Magazine
Sponsored
Jo Farrier, head of commercial and resources at Active Northumberland, talks about how a strategic partnership with Technogym is changing public perceptions of council leisure facilities
HCM Magazine
Sponsored
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The pandemic has disrupted everything and as businesses across the leisure industry reshape themselves to survive and thrive, new competition is emerging that will change the sector
HCM Magazine
Supplier showcase
Premier Global NASM is setting personal trainers up for sustainable success with the launch of its online training bundle and app
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I’ve called on all fellow citizens – members and non-members alike – to exercise more and have made free sports and fitness sessions available to everyone
HCM magazine
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Preston Lewis

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Six months on from the launch of its Kickstart programme, The Gym Group is hiring the majority of trainees, as Liz Terry reports
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Fuel the debate about issues and opportunities across the industry. We’d love to hear from you – [email protected]
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GM Active has launched a training programme to create a new generation of transformational leaders, as Liz Terry reports
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Featured supplier news
Featured supplier news: A new world for memberships
During lockdown clients have had more time to self-reflect than ever before. As a result, many are prioritising mental health and incorporating activity into their day to improve overall wellbeing.
Featured supplier news
Featured supplier news: Cryotherapy specialists, L&R Kältetechnik, launch new artofcryo.com division
L&R Kältetechnik has launched a new division, named artofcryo.com, after 30 years’ experience with -110 °C electrical solutions.
Featured operator news
Featured operator news: Everyone Active generates £342m in social value
Award-winning leisure operator Everyone Active generated £342million in social value at its sites across the country in 2019/20.
Featured operator news
Featured operator news: Everyone Active bolsters Everyone on Demand and enters second year with five new partnerships
Everyone Active has signed a number of new deals which will see the operator strengthen its digital product offering, Everyone on Demand.
Company profiles
Company profile: Fisikal Limited
Fisikal helps fitness professionals, operators and education organisations improve efficiencies and service through its online ...
Company profiles
Company profile: Premier Software Solutions Ltd
Premier Software was founded in 1994 and has proven experience developing business management solutions specifically ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Salt therapy products
Saltability: Salt therapy products
Management software
fibodo Limited: Management software
Red Light Therapy
 Red Light Rising: Red Light Therapy
Fitness equipment
Octane Fitness: Fitness equipment
Lockers/interior design
Safe Space Lockers Ltd: Lockers/interior design
Exercise equipment
Pendex Fisio S.L.: Exercise equipment
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Architects/designers
Zynk Design Consultants: Architects/designers
Skincare
Sothys: Skincare
Uniforms
Service Sport: Uniforms
Property & Tenders
Newport, Shropshire
Lilleshall Sports Academy
Property & Tenders
Pendine Sands, Carmarthenshire
Carmarthenshire County Council
Property & Tenders
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
13-14 Oct 2021
Online,
Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
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