GET HCM
magazine
Sign up for the FREE digital edition of HCM magazine and also get the HCM ezine and breaking news email alerts.
Not right now, thanksclose this window
CzechTourism
CzechTourism
CzechTourism
Follow Health Club Management on Twitter Like Health Club Management on Facebook Join the discussion with Health Club Management on LinkedIn Follow Health Club Management on Instagram
UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Gym Group brings in Wais Shaifta and Rio Ferdinand as non-execs and eyes expansion

I've been impressed at how The Gym Group is breaking down barriers to fitness and I look forward to contributing as a director to the next stage of growth
– Rio Ferdinand

The Gym Group has brought in Rio Ferdinand and Wais Shaifta as non-executive directors, signalling a broadening of its remit, new horizons and an intention to continue to refine and expand its member offering.

Shaifta is currently CEO at Europe-wide digital healthcare company, Push Doctor, which works in partnership with the NHS to connect patients with clinicians. He was previously director of global operations at online beauty marketplace, Treatwell (formerly Wahanda), and prior to that spent six years at Just Eat, where he was responsible for group operations strategy.

His appointment will strengthen the board in developing its health- and wellness-related services, as well as its secondary spend operations, while his global experience would help the company in delivering international expansion – an option which is thought to be on the cards.

Footballing legend, Rio Ferdinand, has built a business career in broadcasting, charity and champions areas such as social housing and youth development.

Through the Rio Ferdinand Foundation, he works collaboratively with young people and communities to deliver 'progression pathways' aimed at ensuring young people are socially mobile and empowered to be independent.

An author and filmmaker, Ferdinand is a passionate advocate for fitness, mental health and wellbeing and diversity.

The Gym Group announced the appointments alongside the release of its pre-close trading update for the year to 31 December today. The company said it cut its monthly cash burn to around £5m during the January lockdown – down from £6m during the November shutdown – thanks partly to it utilising grant support recently announced by the government.

The budget chain says it lost 45 per cent of its trading days during 2020, which resulted in total revenue falling by nearly half to £80.5m, down from £153.1m in 2019.

During 2020, the group lost more than 200,000 members, with total year-end membership across its 184 sites standing at 578,000 – down from 794,000 in December 2019, with 20 per cent of those being students, due to disruptions in the academic year.

The take-up of LIVE IT – its premium pricing product – has grown strongly and now has a penetration of 22.5 per cent of total membership (up from 18.9 per cent in December 2019).

The group is also looking for further expansion opportunities, after opening eight new sites during 2020. It is already on-site for three new openings – in York, Sydenham and Cambridge – and is planning more.

"We continue to see an opportunity to access excellent new sites at attractive rents," said Richard Darwin, The Gym Group CEO.

"We are building a strong pipeline for 2021 and beyond and we will continue to progress new leases during this current period of lockdown. We will determine the timing of the rollout programme once there is greater visibility about a reopening date for gyms."

Commenting on the overall picture and the state of the industry, Darwin added: “2020 has been a challenging year for our business, our members and our colleagues.

"Through the outstanding work of our team we provided a COVID-secure exercise environment for our members and demonstrated the resilience of our business model by trading profitably when gyms have been open.

"Our cash management during the pandemic has ensured we ended 2020 with manageable levels of debt and significant liquidity,” he said.

The group has now begun talks with lenders over reviewing covenant tests, relating to its £100m bank facility.

"At a time when health and fitness has never been more important to the nation, we are ready to emerge from the pandemic and take advantage of the many opportunities available us,” said Darwin.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The Gym Group has brought in Wais Shaifta and Rio Ferdinand as non-executive directors, signalling a broadening of its remit, new horizons and an intention to continue to refine and expand its member offering.
HAF,FIT,IND,PTS
2021/THUMB346977_738801_753675.jpg
Latest News
Plans have been revealed to build the world's deepest pool in Cornwall, UK, which would ...
Latest News
People with depression should be prescribed exercise and then monitored for the first 12 weeks ...
Latest News
Frequent strenuous exercise increases the risk of developing motor neurone disease (MND) in people with ...
Latest News
The UK government has extended the ban on commercial evictions until 25 March 2022. Announcing ...
Latest News
Operating a further four weeks at reduced capacity will place serious pressure on English fitness ...
Latest News
People experiencing homelessness are being offered free access to leisure centres by Oxford City Council. ...
Latest News
IHRSA has appointed Elizabeth Clark as its new president and CEO. Clark joins the industry ...
Latest News
Boutique studio operator TRIB3 has launched its own-brand range of luxury toiletries. The operator, which ...
HCM Magazine
Sponsored
Welcome to the world of creative fitness, where exercise and fun merge to change the way we train
HCM Magazine
Sponsored
As the UK’s first dedicated development framework for leisure comes to the end of its initial four-year term, Jamie Groves and Sarah Watts discuss the impact
HCM Magazine
Facilities
Choosing the right flooring is critical for gym and health club operators. Suppliers share their latest news, tips and product launches to help you choose wisely
HCM Magazine
Insight
As the industry enters a phase of regrowth following the loss of members during lockdown, it’s crucial to understand customer acquisition cost versus the lifetime value of each customer, as Paul Bedford and Jamie Owens explain
HCM Magazine
Sponsored
Daniel Jones is the brains behind Orbit4, the world’s first digital ecosystem to manage and facilitate the entire commercial fitness product cycle. We caught up with him at Orbit4 HQ in Cheshire
HCM Magazine
Talking Point
Consumer research has shown a population-wide surge in interest in reducing lockdown weight gain and getting fitter. Is the industry ready and willing to put its hand up to help people with weight loss? Kath Hudson reports
HCM Magazine
HCM People
We see a world where every major city has access to Solo 60
HCM Magazine
HCM magazine
Moving Communities is our chance to demonstrate our value and develop a universal service for all, argues Martyn Allison
HCM magazine
As our sector starts to recover, there will be changes in the needs of communities, consumers and the provision of opportunities. To explore this subject we hosted a virtual round table to better understand views on key workforce questions
HCM magazine
Safe Space Lockers has extended its partnership with boutique fitness franchise TRIB3, in a new 10-site supplier agreement, following the recent installation at TRIB3 Edinburgh
Opinion
promotion
While much of the fitness industry has reopened its doors across the UK over the past weeks, many members are yet to return.
Opinion: Re-engaging your post-lockdown absent members
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 supplier news
Featured supplier news: Active IQ launches two industry-ready health and fitness diplomas
Active IQ has launched two new qualifications – the Level 2 Diploma in Health and Fitness and Level 3 Diploma in Health and Fitness – to help engage learners in an industry-ready training experience that can be tailored to suit local employer needs.
Featured operators 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.
Featured operators news
Featured operator news: Being active helps Parkwood Leisure customers save the NHS £16m
Parkwood Leisure, one of the UK’s leading public leisure facilities operators, helped prevent more than 7,000 cases of stroke, dementia, depression and type 2 diabetes in 2019, saving the NHS £16 million, a new social value report has shown.
Company profiles
Company profile: Matrix Fitness
Matrix provides innovative commercial fitness equipment to facilities in all market sectors including private health ...
Company profiles
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of ...
Supplier Showcases
Supplier showcase - Funxtion
Catalogue Gallery
Click on a catalogue to view it online
Directory
Uniforms
Service Sport: Uniforms
Trade associations
International SPA Association - iSPA: Trade associations
Whole body cryotherapy
Art of Cryo: Whole body cryotherapy
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Architects/designers
Zynk Design Consultants: Architects/designers
Salt therapy products
Himalayan Source: Salt therapy products
Red Light Therapy
 Red Light Rising: Red Light Therapy
Fitness equipment
Precor: Fitness equipment
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Property & Tenders
Pendine Sands, Carmarthenshire
Carmarthenshire County Council
Property & Tenders
Diary dates
01-04 Jul 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
28-29 Sep 2021
ExCeL London, London, United Kingdom
Diary dates
04-07 Nov 2021
Exhibition Centre , Cologne, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

Gym Group brings in Wais Shaifta and Rio Ferdinand as non-execs and eyes expansion

I've been impressed at how The Gym Group is breaking down barriers to fitness and I look forward to contributing as a director to the next stage of growth
– Rio Ferdinand

The Gym Group has brought in Rio Ferdinand and Wais Shaifta as non-executive directors, signalling a broadening of its remit, new horizons and an intention to continue to refine and expand its member offering.

Shaifta is currently CEO at Europe-wide digital healthcare company, Push Doctor, which works in partnership with the NHS to connect patients with clinicians. He was previously director of global operations at online beauty marketplace, Treatwell (formerly Wahanda), and prior to that spent six years at Just Eat, where he was responsible for group operations strategy.

His appointment will strengthen the board in developing its health- and wellness-related services, as well as its secondary spend operations, while his global experience would help the company in delivering international expansion – an option which is thought to be on the cards.

Footballing legend, Rio Ferdinand, has built a business career in broadcasting, charity and champions areas such as social housing and youth development.

Through the Rio Ferdinand Foundation, he works collaboratively with young people and communities to deliver 'progression pathways' aimed at ensuring young people are socially mobile and empowered to be independent.

An author and filmmaker, Ferdinand is a passionate advocate for fitness, mental health and wellbeing and diversity.

The Gym Group announced the appointments alongside the release of its pre-close trading update for the year to 31 December today. The company said it cut its monthly cash burn to around £5m during the January lockdown – down from £6m during the November shutdown – thanks partly to it utilising grant support recently announced by the government.

The budget chain says it lost 45 per cent of its trading days during 2020, which resulted in total revenue falling by nearly half to £80.5m, down from £153.1m in 2019.

During 2020, the group lost more than 200,000 members, with total year-end membership across its 184 sites standing at 578,000 – down from 794,000 in December 2019, with 20 per cent of those being students, due to disruptions in the academic year.

The take-up of LIVE IT – its premium pricing product – has grown strongly and now has a penetration of 22.5 per cent of total membership (up from 18.9 per cent in December 2019).

The group is also looking for further expansion opportunities, after opening eight new sites during 2020. It is already on-site for three new openings – in York, Sydenham and Cambridge – and is planning more.

"We continue to see an opportunity to access excellent new sites at attractive rents," said Richard Darwin, The Gym Group CEO.

"We are building a strong pipeline for 2021 and beyond and we will continue to progress new leases during this current period of lockdown. We will determine the timing of the rollout programme once there is greater visibility about a reopening date for gyms."

Commenting on the overall picture and the state of the industry, Darwin added: “2020 has been a challenging year for our business, our members and our colleagues.

"Through the outstanding work of our team we provided a COVID-secure exercise environment for our members and demonstrated the resilience of our business model by trading profitably when gyms have been open.

"Our cash management during the pandemic has ensured we ended 2020 with manageable levels of debt and significant liquidity,” he said.

The group has now begun talks with lenders over reviewing covenant tests, relating to its £100m bank facility.

"At a time when health and fitness has never been more important to the nation, we are ready to emerge from the pandemic and take advantage of the many opportunities available us,” said Darwin.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The Gym Group has brought in Wais Shaifta and Rio Ferdinand as non-executive directors, signalling a broadening of its remit, new horizons and an intention to continue to refine and expand its member offering.
HAF,FIT,IND,PTS
2021/THUMB346977_738801_753675.jpg

News

Plans have been revealed to build the world's deepest pool in Cornwall, UK, which would
People with depression should be prescribed exercise and then monitored for the first 12 weeks
Frequent strenuous exercise increases the risk of developing motor neurone disease (MND) in people with
The UK government has extended the ban on commercial evictions until 25 March 2022. Announcing
Operating a further four weeks at reduced capacity will place serious pressure on English fitness
People experiencing homelessness are being offered free access to leisure centres by Oxford City Council.
JP Lennard
JP Lennard
Active IQ has launched two new qualifications – the Level 2 Diploma in Health and
IHRSA has appointed Elizabeth Clark as its new president and CEO. Clark joins the industry
Boutique studio operator TRIB3 has launched its own-brand range of luxury toiletries. The operator, which
Rainer Schaller's RSG Group is bringing its John Reed brand of health clubs to the
The government needs to urgently set out its plans to support physical activity and fitness
Glofox will begin offering health clubs, gyms and fitness studios instant access to financing, following
Hong Kong-based Bricks Group has revealed plans to launch its health club chain, U Time,
Miha Bodytec GmbH
Miha Bodytec GmbH
A £30m luxury leisure development scheme which has been more than a decade in the
Apple has previewed its much-awaited watchOS 8, the operating system for its Apple Watch. The
Chinese health club chain Supermonkey has finalised a series E funding round, valuing the company
Gymbox has signed a partnership agreement to provide members of flexible workspace provider WeWork with
The number of health club members returning to gyms since lockdown has beaten all expectations,
The Jumeirah Group has reopened the 186-room The Carlton Tower Jumeirah, in the heart of
FIBO Exhibition
FIBO Exhibition
You’re pumped and ready for your workout. Then you see it, the dreaded ‘out of
David Lloyd Clubs has enrolled former Labour Party deputy leader Tom Watson to help raise
TRIB3 has secured a franchise deal which will see it open 20 studios across Belgium,
fibodo Limited
fibodo Limited
1 - 20 of 11,922
HCM Magazine
Sponsored
Welcome to the world of creative fitness, where exercise and fun merge to change the way we train
HCM Magazine
Sponsored
As the UK’s first dedicated development framework for leisure comes to the end of its initial four-year term, Jamie Groves and Sarah Watts discuss the impact
HCM Magazine
Facilities
Choosing the right flooring is critical for gym and health club operators. Suppliers share their latest news, tips and product launches to help you choose wisely
HCM Magazine
Insight
As the industry enters a phase of regrowth following the loss of members during lockdown, it’s crucial to understand customer acquisition cost versus the lifetime value of each customer, as Paul Bedford and Jamie Owens explain
HCM Magazine
Sponsored
Daniel Jones is the brains behind Orbit4, the world’s first digital ecosystem to manage and facilitate the entire commercial fitness product cycle. We caught up with him at Orbit4 HQ in Cheshire
HCM Magazine
Talking Point
Consumer research has shown a population-wide surge in interest in reducing lockdown weight gain and getting fitter. Is the industry ready and willing to put its hand up to help people with weight loss? Kath Hudson reports
HCM Magazine
HCM People
We see a world where every major city has access to Solo 60
HCM Magazine
HCM magazine
Moving Communities is our chance to demonstrate our value and develop a universal service for all, argues Martyn Allison
HCM magazine
As our sector starts to recover, there will be changes in the needs of communities, consumers and the provision of opportunities. To explore this subject we hosted a virtual round table to better understand views on key workforce questions
HCM magazine
Safe Space Lockers has extended its partnership with boutique fitness franchise TRIB3, in a new 10-site supplier agreement, following the recent installation at TRIB3 Edinburgh
HCM magazine
We’re targeting an additional 30,000 beds over the next five years, through a mix of the group’s own developments and third party projects
HCM magazine
Physical activity gives structure and meaning to people’s lives, according to new research
HCM magazine
CV kit has been fully connective for some time, but with the rise of the hybrid gym goer, what are strength suppliers doing to meet the demand for a fully connected offer?
HCM magazine
Aneurin Leisure Trust used lockdown to transform and digitise its gyms, ready for reopening
HCM magazine
HCM people

Andy McGlynn

Founder, GSquared
Once we grow beyond Manchester we’ll go head to head with Equinox and Third Space
HCM magazine
When we questioned our customers on what they liked about The Claremont Club, they all mentioned that we were helping people who were in dire need
HCM magazine
Opinion
promotion
While much of the fitness industry has reopened its doors across the UK over the past weeks, many members are yet to return.
Opinion: Re-engaging your post-lockdown absent members
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 supplier news
Featured supplier news: Active IQ launches two industry-ready health and fitness diplomas
Active IQ has launched two new qualifications – the Level 2 Diploma in Health and Fitness and Level 3 Diploma in Health and Fitness – to help engage learners in an industry-ready training experience that can be tailored to suit local employer needs.
Featured operators 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.
Featured operators news
Featured operator news: Being active helps Parkwood Leisure customers save the NHS £16m
Parkwood Leisure, one of the UK’s leading public leisure facilities operators, helped prevent more than 7,000 cases of stroke, dementia, depression and type 2 diabetes in 2019, saving the NHS £16 million, a new social value report has shown.
Company profiles
Company profile: Matrix Fitness
Matrix provides innovative commercial fitness equipment to facilities in all market sectors including private health ...
Company profiles
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of ...
Supplier Showcases
Supplier showcase - Funxtion
Catalogue Gallery
Click on a catalogue to view it online
Directory
Uniforms
Service Sport: Uniforms
Trade associations
International SPA Association - iSPA: Trade associations
Whole body cryotherapy
Art of Cryo: Whole body cryotherapy
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Architects/designers
Zynk Design Consultants: Architects/designers
Salt therapy products
Himalayan Source: Salt therapy products
Red Light Therapy
 Red Light Rising: Red Light Therapy
Fitness equipment
Precor: Fitness equipment
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Property & Tenders
Pendine Sands, Carmarthenshire
Carmarthenshire County Council
Property & Tenders
Diary dates
01-04 Jul 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
28-29 Sep 2021
ExCeL London, London, United Kingdom
Diary dates
04-07 Nov 2021
Exhibition Centre , Cologne, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
Search news, features & products:
Find a supplier:
CzechTourism
CzechTourism