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Les Mills International
Les Mills International
Les Mills International
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

The Gym Group shares find favour with market tipsters

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.

The gym chain became the only listed health club operator in the UK when founder John Treharne rang the bell on the (LSE) as the shares began trading under the ticker GYM on 9 November.

Since then, the shares have risen steadily from their 195p starting price to hit highs of 209p. The price had levelled off slightly by yesterday evening (16 November) to 202p, but still reflected solid gains.

The Gym Group’s potential has not been lost on media market tipsters, with several using columns to extol the virtues and ‘latent potential’ of the UK’s budget gym sector.

The Mail On Sunday’s Midas column urged readers to buy Gym Group shares, noting they “still offer plenty of potential” and adding that the chain’s proposition “fits in well with today’s cost-conscious consumer.” These tips were picked up by several other financial news sites and forums.

Speaking to Health Club Management at the time of the listing, Treharne said the IPO had proved attractive to a number of credible investors.

“The calibre of our new shareholders is fantastic, they’re all investors who are in it for the long-term. It shows that health clubs don’t have to be a low level investment,” he said, adding that he will stay in the business as CEO to lead the next stage of growth.

“This IPO secures our future,” he added. “We’ll continue to open between 15 and 20 gyms a year, with a focus on quality and quantity. We want to see the business continue to grow sensibly.”

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.
HAF,FIT,IND
5419_83466.jpg
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Supplier Showcases
Supplier showcase - Gympass
Catalogue Gallery
Click on a catalogue to view it online
Directory
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Management software
fibodo Limited: Management software
Fitness equipment
Precor: Fitness equipment
Lockers/interior design
Safe Space Lockers Ltd: Lockers/interior design
Exercise equipment
Matrix Fitness: Exercise equipment
Skincare
Sothys: Skincare
Red Light Therapy
 Red Light Rising: Red Light Therapy
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Salt therapy products
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Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
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

News

The Gym Group shares find favour with market tipsters

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.

The gym chain became the only listed health club operator in the UK when founder John Treharne rang the bell on the (LSE) as the shares began trading under the ticker GYM on 9 November.

Since then, the shares have risen steadily from their 195p starting price to hit highs of 209p. The price had levelled off slightly by yesterday evening (16 November) to 202p, but still reflected solid gains.

The Gym Group’s potential has not been lost on media market tipsters, with several using columns to extol the virtues and ‘latent potential’ of the UK’s budget gym sector.

The Mail On Sunday’s Midas column urged readers to buy Gym Group shares, noting they “still offer plenty of potential” and adding that the chain’s proposition “fits in well with today’s cost-conscious consumer.” These tips were picked up by several other financial news sites and forums.

Speaking to Health Club Management at the time of the listing, Treharne said the IPO had proved attractive to a number of credible investors.

“The calibre of our new shareholders is fantastic, they’re all investors who are in it for the long-term. It shows that health clubs don’t have to be a low level investment,” he said, adding that he will stay in the business as CEO to lead the next stage of growth.

“This IPO secures our future,” he added. “We’ll continue to open between 15 and 20 gyms a year, with a focus on quality and quantity. We want to see the business continue to grow sensibly.”

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.
HAF,FIT,IND
5419_83466.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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During lockdown clients have had more time to self-reflect than ever before. As a result,
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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Les Mills
Les Mills
1 - 20 of 11,973
HCM Magazine
Specifier
Rigs have been central to gyms for years. Now suppliers tell us how they’re evolving to meet the changing needs of clubs and clients
HCM Magazine
HCM People
We’re seeing a much greater focus on the need to integrate healthy living into daily life and reconnect with nature and each other
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
Product innovation
“A great atmosphere is just as important to the fitness journey as the right workout routine, says LEDSnaps’ CEO, Ian Kirby
HCM Magazine
Sponsored
With gyms reopening as the fitness industry recovers from the impact of lockdowns, members are seeking social interaction and engaging training experiences in a small group setting
HCM Magazine
Research
A new study claims being physically active for 30 minutes a day, five days a week, is not enough for those who spend the rest of their time being sedentary
HCM Magazine
Sponsored
Every gym design project should be designed from the floor up, says Physical Company’s James Anderson. He tells HCM why
HCM Magazine
HCM magazine
With local authority facility management companies and councils under financial pressure due to the pandemic and issues emerging around health inequalities, will we see a trend towards councils insourcing the management of facilities? Kath Hudson rounds up views
HCM magazine
Fuel the debate about issues and opportunities across the industry. We’d love to hear from you – [email protected]
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HCM People

Preston Lewis

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Featured supplier news
Featured supplier news: miha bodytec EMS-PT: an irresistible way to boost your in-club offer
Post pandemic, technology continues to shape the way consumers access fitness. Apps and wearables are helping people reach their goals while digital offerings – which grew exponentially during lockdowns – continue to thrive.
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 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: 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: Venueserve Fitness
Venueserve Fitness is an easy-to-use, low-cost web- and mobile online exercise platform, already being used ...
Company profiles
Company profile: Mediana Co., Ltd.
Mediana specialises in the manufacture of medical and health care devices, such as body composition ...
Supplier Showcases
Supplier showcase - Gympass
Catalogue Gallery
Click on a catalogue to view it online
Directory
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Management software
fibodo Limited: Management software
Fitness equipment
Precor: Fitness equipment
Lockers/interior design
Safe Space Lockers Ltd: Lockers/interior design
Exercise equipment
Matrix Fitness: Exercise equipment
Skincare
Sothys: Skincare
Red Light Therapy
 Red Light Rising: Red Light Therapy
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Salt therapy products
Himalayan Source: Salt therapy products
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
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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Les Mills International
Les Mills International