Finance Gold’s Gym files for bankruptcy protection Staff Editor May 5, 2020 Share on Facebook Share on Twitter Share via Email Subscribe Now Log in 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 https://youtu.be/bpt2B7RB6HA 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... Membership Required You’ve reached your 3-article monthly limit. Subscribe to ATN Pro for unlimited access to industry-leading coverage, insights, and analysis shaping the future of fitness and wellness. ATN Pro members get: Unlimited access to Athletech News articles Exclusive access to ATN Pro-level reporting Discounts to ATN the Innovation Summit VIP access to community events Exclusive email newsletters Subscribe Now Already a member? Log in Already a member? Log in here Tags: Adam Zeitsiff
