Fitness Clubs Facing $10 Billion Revenue Hit as Members Flee
June 23, 2020
Fitness clubs rocked by Covid-19 closures face a swell of bankruptcies with more than $10 billion of revenue wiped out as clients ditch memberships, according to investment bank Harrison Co.
In a Harrison survey of 1,000 fitness club users, more than a third said they have canceled or plan to terminate existing memberships… READ MORE @ Bloomberg