Several gyms across Australia are closing as the fitness empire is rocked by liquidation
Beleaguered Australian fitness empire F45 has continued to close more stores across the country. F45, the iconic Australian fitness brand, has closed more stores across the country, with three in Victoria, NSW and Tasmania recently appointed liquidators. The brand, which offers 45-minute functional group workouts, was valued at $2 billion at its peak. However, it has closed several stores across Australia since February this year and has now added a handful more. The closures come as F45-branded fitness equipment continues to be sold on Facebook Marketplace. Kettlebells, benches and dumbbells are listed for just $3 per kilogram.
게시됨 : 2 년 전 ~에 의해 James Brien ~에 Lifestyle
Beleaguered Australian fitness empire F45 has continued to close more stores across the country.
At its peak, the iconic brand, which offers 45-minute functional group workouts, was worth $2 billion.
However, the brand has closed several stores across Australia since February this year and has now added a handful more.
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Three F45 stores in Victoria, NSW and Tasmania have recently appointed liquidators.
F45 Training Parramatta CBD in Sydney, F45 Training Bayswater North in Melbourne and F45 Training Devonport in Tasmania are nearing closure.
Earlier this year, branches in Wollongong, including Bulli and Corrimal, and Zetland in Sydney closed their doors.
Two Victorian branches have also closed, including those in Port Melbourne and South Yarra.
The closures and liquidations come as F45-branded fitness equipment continues to be sold on Facebook Marketplace.
F45 branded gear can be found for sale on Facebook Marketplace. Kettlebells, benches and dumbbells are listed for just $3 per kilogram.
It’s a sad decline for a company that, at its peak, attracted the star power and financial backing of action movie veteran Mark Wahlberg to expand to more than 1,750 gyms in 45 countries.
Although the pandemic scuppered F45’s original plans to go public on the New York Stock Exchange, the company finally launched its IPO in July 2021 with a decent market valuation of 2 billion Australian dollars.
7NEWS.com.au has contacted several liquidators involved for further information.
주제: Fitness, Australia