Georgica to reorganise despite sales drop at Rileys
By Tom Walker
Georgica has announced that it is making good progress in its search for a buyer for its brands – the Rileys chain of snooker clubs and Tenpin bowling centres – despite a drop in sales at Rileys.
In a statement, Don Hanson, chair, said: “Good progress has been made in relation to the demerger to create two wholly separate businesses – Rileys and Tenpin.
“Discussion are at an advanced stage with parties interested in purchasing and leasing back some or all of our freehold and long leasehold properties.”
Hanson also said trading conditions continued to be tough and Rileys suffered a 4.2 per cent drop in like-for-like sales.
Georgica has announced that it is making good progress in its search for a buyer for its brands – the Rileys chain of snooker clubs and Tenpin bowling centres – despite a drop in sales at Rileys.
When a hefty round of investment
coincided with the pandemic, the
CEO of Midtown Athletic Clubs
feared the company – founded by
his grandfather – would go down
on his watch. He talks to Kath
Hudson about the pressure to
keep the business afloat
“Fitstop is growing well. In 2023 it added 45 locations and launched in New Zealand, Singapore and the US. It has grown sustainably and has great founder-led energy”
Join us at Elevate from 12-13 June in London for a special one-off live recording of The Game
Changers Podcast with Sue Anstiss, CEO of Fearless Women.
Phil Heath, professional athlete, bodybuilder and 7x Mr. Olympia, has fielded a lot of
questions about bodybuilding without machines. Should bodybuilders be limited to just free
weights? Why?
Georgica to reorganise despite sales drop at Rileys
By Tom Walker
Georgica has announced that it is making good progress in its search for a buyer for its brands – the Rileys chain of snooker clubs and Tenpin bowling centres – despite a drop in sales at Rileys.
In a statement, Don Hanson, chair, said: “Good progress has been made in relation to the demerger to create two wholly separate businesses – Rileys and Tenpin.
“Discussion are at an advanced stage with parties interested in purchasing and leasing back some or all of our freehold and long leasehold properties.”
Hanson also said trading conditions continued to be tough and Rileys suffered a 4.2 per cent drop in like-for-like sales.
Georgica has announced that it is making good progress in its search for a buyer for its brands – the Rileys chain of snooker clubs and Tenpin bowling centres – despite a drop in sales at Rileys.
When a hefty round of investment
coincided with the pandemic, the
CEO of Midtown Athletic Clubs
feared the company – founded by
his grandfather – would go down
on his watch. He talks to Kath
Hudson about the pressure to
keep the business afloat
“Fitstop is growing well. In 2023 it added 45 locations and launched in New Zealand, Singapore and the US. It has grown sustainably and has great founder-led energy”
The European fitness sector is beating pre-pandemic numbers according to the 11th annual European Health & Fitness Market Report 2024 from Deloitte and EuropeActive, as Karsten Hollasch reports
Speaking on the LIFTS podcast recently, Xponential Fitness CEO Anthony Geisler said participation in studio cycling is down globally. Kath Hudson decided to investigate
Join us at Elevate from 12-13 June in London for a special one-off live recording of The Game
Changers Podcast with Sue Anstiss, CEO of Fearless Women.
Phil Heath, professional athlete, bodybuilder and 7x Mr. Olympia, has fielded a lot of
questions about bodybuilding without machines. Should bodybuilders be limited to just free
weights? Why?