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LA Fitness in Markham, Ontario, Canada. LA Fitness was founded in 1984 by founder Chinyol Yi and Louis Welch in Covina, California. [1] Through the mid-1990s, the company expanded by acquiring under-performing fitness clubs in Southern California, and by developing, opening and operating newly constructed properties.
24 Hour Fitness was created in 1983 by Mark Mastrov.With the merger of the #2 and #3 largest fitness chains in the United States. Mastrov had been using a local gym for rehab after a knee injury, and turned the gym into a 24-hour nautilus facility after buying out the owner. [1]
In May 2015, PureGym acquired all gyms from rival UK fitness chain LA Fitness, bringing the total number of gyms across the UK to 141. In 2019 an acquisition of Danish chain Fitness World added another approximately 200 centers to the portfolio. [7] As of December 2024, PureGym has 362 gyms in the UK, and 161 in Denmark. [8]
It's been quite the week for cult fitness companies Equinox and SoulCycle after many customers cancelled their memberships and threatened to boycott both businesses indefinitely.
Planet Fitness will raise the price of its “classic” membership from $10 a month to $15 for new members beginning in the summer. The “classic” membership gives people access to one location.
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Bally Total Fitness was an American fitness club chain. At its 2007 peak, prior to the filing of the first of two Chapter 11 bankruptcies, Bally operated nearly 440 facilities located in 29 U.S. states, Mexico, Canada, South Korea, China, and the Caribbean under the Bally Total Fitness, Crunch Fitness, Gorilla Sports, Pinnacle Fitness, Bally Sports Clubs, and Sports Clubs of Canada brands.
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