Fitness Industry on Verge of Collapse as Gyms Remain Shut under Lockdown
The fitness industry is on the verge of collapse as gyms across the country continue to remain shut under lockdown.
It has suffered enormously since the national lockdown was implemented on March 26, with several gyms forced to shut their doors permanently.
With no clear indication as to when gyms will reopen, the industry fears a total collapse.
It’s expected that around 80% of gyms are likely to shut down permanently, with massive job losses, should gyms continue to remain closed.
Leading gyms like Planet Fitness have been forced to consider retrenchments… READ MORE @ IOL