The CEO of Fit House of Brands has been busy rescuing and reimagining the company’s flagship brand, F45. He talks to Liz Terry

David Beckham and F45 Training have finally settled the breach-of-contract lawsuit around Beckham’s ambassadorial agreement with the boutique fitness franchisor.

Tom Dowd, recently appointed CEO of F45, said he remains optimistic the business can be turned around, in spite of retrospectively revealing losses of US$372.3 million over the past two years and being entangled in a number of legal challenges.

The share price of F45 Training has fallen by 75 per cent, after the franchised fitness group announced plans to delist from the New York Stock Exchange (NYSE) and deregister its common stock – 92 per cent down on the year – valuing it at US$88m.

Franchised fitness operator, F45, has named Tom Dowd as its new CEO, effective immediately.

Mark Wahlberg- and David Beckham-backed F45 Training has announced a reduction in its core workforce of 110 employees with the aim of cutting its cost base. The number represents around 50 per cent of the head office headcount.

Following its IPO, the sporting superstar is investing in global gym franchise, F45

David Beckham has been named the new global partner for F45 Training.

Despite a tough year, the franchise operators are optimistic with their forward plans. Emma Canning finds out more

F45's IPO on the New York Stock Exchange (NYSE) has revealed a strong appetite from investors, with 18.75 million shares sold, priced at US$16 each, raising around US$300m and giving a market value of around US$1.5bn at float.

Australian HIIT chain F45 Training has filed a notification to list on the New York Stock Exchange.

Actor Mark Wahlberg has officially joined Power Plate as an investor in parent company, Performance Health Systems and brand ambassador for the product. He will also consult on strategy, product and programming development.

Australian HIIT chain F45 is set to list on the US-based NASDAQ stock exchange, after securing a deal with Crescent Acquisition Corporation (CAC), a special purpose acquisition company.

Australian fitness franchise F45 has secured deals to open sites in emerging markets across the Middle East and Africa – taking the number of countries it operates in to more than 40.

The 47-year-old Hollywood actor and fitness enthusiast has recently invested in Australian fitness concept F45