Club Pilates has signed a new 70-unit deal with entrepreneur and developer Saber Ammori and the newly formed Renew Fitness franchise group.
Xponential Fitness will pay the state of New York $3.9 million to settle claims it misled franchisees on studio opening timelines.
Aligned Fitness Holdings, a top Club Pilates franchisee, has acquired six Club Pilates studios in central New Jersey.
The Xponential Fitness-owned barre brand is relaunching its Reform class, looking to get in on the Pilates craze.
Xponential Fitness has named Danielle Porto Parra as its new president as the Club Pilates parent undergoes a strategic review.
Peloton's most recent earnings report should instill more investor confidence in CEO Peter Stern, while Planet Fitness reported lagging January membership numbers.
Xponential Fitness reported Q1 revenue down 21%, although its top brand Club Pilates continued to perform well.
Club Pilates has signed its largest multi-unit deal in Xponential Fitness history and announced a new MFA in the Philippines.
Now up to five profitable studios, Henry Gonzalez reveals how being “grease and glue” helped him grow his StretchLab franchise operation.
Xponential Fitness' board has initiated a review of strategic alternatives, including a potential sale or merger.
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