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FIBO Exhibition
FIBO Exhibition
FIBO Exhibition
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Pure Gym revenues jump 82 per cent to hit £125m

Pure Gym has given itself a solid launchpad for its expected summer IPO, reporting significant growth across the business in its 2015 financial results.

The UK’s biggest gym chain – thought to be planning to follow budget rival The Gym Group onto the stock market with a float worth £500m or more – had revenues of £125.2m in 2015, an 82 per cent increase on the previous year. The 2015 revenue figure is double that of The Gym Group, which completed its £250m float in November and whose shares have since risen more than 20 per cent to see the company valued at £315m.

Pure Gym saw group EBITDA grow by 46 per cent to reach £28m, although these figures don’t take into account the estimated £70m it paid to acquire 42 LA fitness clubs last year. Boosted by the LA fitness takeover – of which the £30m conversion of clubs into Pure Gyms is due to complete this summer – overall membership in 2015 leapt 63 per cent to 670,000.

“Pure Gym has had an exceptional year in which we have seen a significant increase in membership of all ages, reinforcing the demand for access to affordable, flexible and high-quality gyms across the country," said Pure Gym CEO Humphrey Cobbold.

“The acquisition of LA Fitness, the strengthening of our management team, the investment in rebranding and launching new initiatives has put us on the front foot for another successful year ahead.”

During 2015, Pure Gym strengthened its management team with the appointment of Dan Glyde as chief technology officer, Stephen Rowe as chief marketing officer, Eve Sukhnandan as HR director and Francine Davis as director of strategic and commercial development. The chain also announced tie-ups with Olympic cycling legend Sir Chris Hoy and the UK’s biggest mass participation running series, The Great Run Company.

Cobbold said sights were set firmly on maintaining the momentum in 2016 and the company appears to have made a strong start. Since the beginning of the year, Pure Gym has opened 18 more sites across the UK, including nine LA Fitness conversions, and now has more than 780,000 members. Pure Gym opened its 150th gym, in Oxford, at the beginning of April.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Pure Gym has given itself a solid launchpad for its expected summer IPO, reporting significant growth across the business in its 2015 financial results.
HAF,FIT,IND
980985_89748.jpg
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In the last issue of HCM, we checked with big box operators in the UK to see how trading has been going since restrictions were lifted. This month we turn our attention to boutiques and urban studios to find out how they’re faring. Kath Hudson reports
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Policy
As the UK government’s social prescribing initiative gains momentum, Kenny Butler calls on the sector to step up and get involved
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David Minton says the healthy movement industry is ten times bigger than the health club sector, and the care industry four times bigger and ask why we’re not rushing to collaborate?
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Danielle Obe

Chair, The Black Swimming Association
Our vision is a future with ethnic diversity in aquatics
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In this issue, we’re focusing on sharing insights and thought leadership to highlight opportunities for the development of the sector in terms of both markets and offerings, says Liz Terry, HCM editor
Featured supplier news
Featured supplier news: Uptivo: Individual and group heart rate tracking
Uptivo is an all-in-one digital solution for fitness clubs, fitness boutique studios and personal trainers that provides powerful tools to schedule activities, manage member payments, and monitor heart rate both for remote and on-site classes.
Featured supplier news
Featured supplier news: Are traditional gyms going to war with smart gyms?
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Company profiles
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of ...
Company profiles
Company profile: FIBO Global Fitness
FIBO Global Fitness is the leading international trade show for fitness, wellness & health....
Catalogue Gallery
Click on a catalogue to view it online
Directory
Skincare
Comfort Zone - Davines S.p.A: Skincare
trade associations
International SPA Association - iSPA: trade associations
Uniforms
Service Sport: Uniforms
Fitness equipment
Precor: Fitness equipment
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Wearable technology solutions
MyZone: Wearable technology solutions
Spa software
SpaBooker: Spa software
Whole body cryotherapy
Art of Cryo: Whole body cryotherapy
Lockers/interior design
Fitlockers: Lockers/interior design
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Property & Tenders
Welwyn Garden City
Welwyn Hatfield Borough Council
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Newport, Shropshire
Lilleshall Sports Academy
Property & Tenders
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

Pure Gym revenues jump 82 per cent to hit £125m

Pure Gym has given itself a solid launchpad for its expected summer IPO, reporting significant growth across the business in its 2015 financial results.

The UK’s biggest gym chain – thought to be planning to follow budget rival The Gym Group onto the stock market with a float worth £500m or more – had revenues of £125.2m in 2015, an 82 per cent increase on the previous year. The 2015 revenue figure is double that of The Gym Group, which completed its £250m float in November and whose shares have since risen more than 20 per cent to see the company valued at £315m.

Pure Gym saw group EBITDA grow by 46 per cent to reach £28m, although these figures don’t take into account the estimated £70m it paid to acquire 42 LA fitness clubs last year. Boosted by the LA fitness takeover – of which the £30m conversion of clubs into Pure Gyms is due to complete this summer – overall membership in 2015 leapt 63 per cent to 670,000.

“Pure Gym has had an exceptional year in which we have seen a significant increase in membership of all ages, reinforcing the demand for access to affordable, flexible and high-quality gyms across the country," said Pure Gym CEO Humphrey Cobbold.

“The acquisition of LA Fitness, the strengthening of our management team, the investment in rebranding and launching new initiatives has put us on the front foot for another successful year ahead.”

During 2015, Pure Gym strengthened its management team with the appointment of Dan Glyde as chief technology officer, Stephen Rowe as chief marketing officer, Eve Sukhnandan as HR director and Francine Davis as director of strategic and commercial development. The chain also announced tie-ups with Olympic cycling legend Sir Chris Hoy and the UK’s biggest mass participation running series, The Great Run Company.

Cobbold said sights were set firmly on maintaining the momentum in 2016 and the company appears to have made a strong start. Since the beginning of the year, Pure Gym has opened 18 more sites across the UK, including nine LA Fitness conversions, and now has more than 780,000 members. Pure Gym opened its 150th gym, in Oxford, at the beginning of April.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Pure Gym has given itself a solid launchpad for its expected summer IPO, reporting significant growth across the business in its 2015 financial results.
HAF,FIT,IND
980985_89748.jpg

News

The Local Government Association (LGA) has called on the UK government to invest £875m in
Anthony Hamilton, the father of F1 racing driver Lewis Hamilton, is launching a fitness equipment
The pandemic has had an "unprecedented" impact on physical activity levels in England, with 1
The first énergie Fitness club has opened in Spain as part of a push for
A global innovation competition has been launched to find ways to encourage and support more
Xponential Fitness has acquired Body Fit Training in a deal worth US$44m. The deal takes
FIBO Exhibition
FIBO Exhibition
As Surge expands its offer with the launch of a third dedicated Electronic Muscle Stimulation
Exercise has been highlighted as a crucial weapon in cancer patients’ battle against the disease.
The global health and fitness industry is returning to a busy programme of live trade
Matrix and Intelivideo have signed a strategic partnership, which will see Intelivideo's fitness content integrated
Nadine Dorries, the recently appointed secretary of state for digital, culture, media and sport at
Mindbody has announced it's buying ClassPass, the consumer wellness subscription service that enables people to
Tanni Grey-Thompson has outlined her vision on how the physical activity sector can play "the
Miha Bodytec GmbH
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“At least 40 per cent of all businesses will die in the next 10 years
The Global Health & Fitness Alliance (GHFA) has revealed the makeup of its inaugural nine-member
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FreeMotion Fitness
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1 - 20 of 12,053
HCM Magazine
HCM People
The market is there for the taking. We can lay the groundwork to prevent the region and continent from joining the statistics of the global obesity crisis by instilling fitness awareness
HCM Magazine
Everyone’s talking about
In the last issue of HCM, we checked with big box operators in the UK to see how trading has been going since restrictions were lifted. This month we turn our attention to boutiques and urban studios to find out how they’re faring. Kath Hudson reports
HCM Magazine
Policy
As the UK government’s social prescribing initiative gains momentum, Kenny Butler calls on the sector to step up and get involved
HCM Magazine
Statistics
This year’s edition of the IHRSA Global Report which addresses performance from 2020, is a valuable record of the tremendous impact of the COVID-19 pandemic on the sector, creating a benchmark from which to understand the recovery. Kristen Walsh reports for HCM
HCM Magazine
Insight
Research firm Qualtrics surveyed 12,157 consumers across 15 countries in seven languages to create the Les Mills 2021 Global Fitness Report, highlighting the ways consumers are choosing to work out as we emerge from the pandemic. Jak Phillips reports
HCM Magazine
Insight
Dr Davina Deniszczyc talks us through the findings of the first Nuffield Healthier Nation Index, which has benchmarked activity levels and attitudes to exercise among the UK population
HCM Magazine
HCM People
We first started talking to KSL over two years ago, so this was not a rushed partnership
HCM Magazine
HCM magazine
David Minton says the healthy movement industry is ten times bigger than the health club sector, and the care industry four times bigger and ask why we’re not rushing to collaborate?
HCM magazine
HCM People

Danielle Obe

Chair, The Black Swimming Association
Our vision is a future with ethnic diversity in aquatics
HCM magazine
In this issue, we’re focusing on sharing insights and thought leadership to highlight opportunities for the development of the sector in terms of both markets and offerings, says Liz Terry, HCM editor
HCM magazine
Fuel the debate about issues and opportunities across the industry. We’d love to hear from you – [email protected]
HCM magazine
Focusing on dieting has failed to offset the rising tide of obesity, say researchers from the Universities of Arizona and Virginia. A focus on fitness gives better health outcomes
HCM magazine
I’d like to see the gym sector help champion the social prescribing agenda, as a route to getting more people engaged in physical activity
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At TGOGC, we believe our own wellbeing is wrapped up in nature and the positive impact we can each have on the health of the planet
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Screens display power generated from each piece of equipment, allowing people to compete against each other for kilowatt hours produced
HCM magazine
Research confirms the role health clubs can play in supporting people in nurturing their mental health, as Victor Brick explains
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Featured supplier news
Featured supplier news: Uptivo: Individual and group heart rate tracking
Uptivo is an all-in-one digital solution for fitness clubs, fitness boutique studios and personal trainers that provides powerful tools to schedule activities, manage member payments, and monitor heart rate both for remote and on-site classes.
Featured supplier news
Featured supplier news: Are traditional gyms going to war with smart gyms?
CEO of Orbit4, Daniel Jones, says: “There’s no reason traditional gyms and smart gyms can’t live in harmony. With a little reorganisation and education, there’s a really bright future for all gyms.”
Featured operator 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.
Featured operator news
Featured operator news: Sporting heroes to officially open £22 million redevelopment at Everyone Active centre
A £22 million redevelopment project will be unveiled at Grange Paddocks Leisure Centre, as part of the official launch of the state-of-the-art centre.
Company profiles
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of ...
Company profiles
Company profile: FIBO Global Fitness
FIBO Global Fitness is the leading international trade show for fitness, wellness & health....
Catalogue Gallery
Click on a catalogue to view it online
Directory
Skincare
Comfort Zone - Davines S.p.A: Skincare
trade associations
International SPA Association - iSPA: trade associations
Uniforms
Service Sport: Uniforms
Fitness equipment
Precor: Fitness equipment
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Wearable technology solutions
MyZone: Wearable technology solutions
Spa software
SpaBooker: Spa software
Whole body cryotherapy
Art of Cryo: Whole body cryotherapy
Lockers/interior design
Fitlockers: Lockers/interior design
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Property & Tenders
Welwyn Garden City
Welwyn Hatfield Borough Council
Property & Tenders
Newport, Shropshire
Lilleshall Sports Academy
Property & Tenders
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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FIBO Exhibition
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