Gold’s Gym files for bankruptcy protection
The company said the move would mean the permanent closure of 30 company-owned gyms.
More than 700 gyms operate around the world under the Gold’s brand, most of which are franchises.
It is the latest big name to file for bankruptcy during global efforts to slow the spread of the virus.
“This has been a complete and total disruption of every one of our business norms, so we needed to take quick, decisive actions to enable us to get back on track,” chief executive Adam Zeitsiff said in a video statement… READ MORE @ BBC