The Gym Group boss: Increasing health and fitness interest is key to industry growth

The boss of The Gym Group has said that an underlying national interest in health will unlock the long-term growth of the fitness industry.

The group’s CEO Richard Darwin explained that the government’s initiative to reduce obesity as well as tough economic conditions will see an increase in use of low-cost gyms.

The firm, which saw its year-on-year revenue half in H1 of this year, is confident in the firm’s ability to recover from the effects of COVID-19 on the business.

Richard Darwin, CEO of The Gym Group, commented: “Following our decisive actions during lockdown to minimise costs and secure additional liquidity, we have reopened as the strongest capitalised company in the sector.

“We anticipate the long-term structural growth of low-cost gyms will continue to be driven by the underlying interest in health and fitness, which is accelerating as a result of COVID 19 and the Government’s initiative to reduce obesity.

“With the likelihood of a challenging economic environment in the coming months, gym-goers will increasingly look for great value and as the lowest-priced high quality gym operator we are well placed to meet this demand.”

Looking to promote your product/service to SME businesses in your region?


Find out how Bdaily can help →

— to bdaily.co.uk

Related Articles

a great entry level sports watch

The Huawei Watch Fit is perhaps best described as a fitness tracker that could pass as a smartwatch as well. This certainly isn’t Huawei’s first attempt at a merging the two wearable worlds. Back in 2017, it launched the Huawei Fit, though the 2.5 out 5 Wareable review score we awarded it tells you all […]
Read more

Why fitness has shifted to focus on recovery as much as activity

Athletes, fitness professionals, and recreational exercisers are increasingly interested in their recovery, not just their physical exertion. It’s when recovering after a workout that the muscles repair and build, and research shows that sleeping for longer can lead to better fitness progress. A new breed of wearable tech places as much emphasis on recovery as […]
Read more

Frustration among fitness centres as gym bosses who feel left behind and urge Scottish Government to set reopening date

GYM and fitness centre owners say they feel increasingly let down with no way forward on the easing of lockdown restrictions and the next steps for their industry. Independently run studios are calling for clarification from the Scottish Government and are fearful for the future of their businesses the longer closures are in place. Their […]
Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

Search for: