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Fitness entrepreneur targets closing F45 gym sites

Fitness entrepreneur targets closing F45 gym sites
November 8, 2023

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7th November 2023 - Canstar Blue survey looks at Australian gymgoers’ spending and motivations

6th November 2023 - 24fit tops Canstar Blue gym customer satisfaction ratings

20th October 2023 - Media reports advise of multiple closures of F45 gyms

18th August 2023 - F45 moves to pull its shares from the New York Stock Exchange

9th June 2023 - New IBISWorld study shows fitness industry still challenged but poised to return to growth

16th May 2023 - F45 reaches 10 years of operations

31st March 2023 - F45 announces leadership changes with Mark Wahlberg named Chief Brand Officer

27th March 2023 - 10% of Australia’s F45 studios up for sale

7th March 2023 - IBISWorld sees declining fitness industry revenue and potential saturation of budget 24/7 gyms

3rd March 2023 - Media advises of closing of F45 studios as founder reportedly being chased for $10 million by creditors

19th January 2023 - F45 launches first ever Australian brand campaign

5th January 2023 - US lawyers remind shareholders of opportunity to participate in class action against F45

21st November 2022 - Chief Financial Officer Chris Payne leaves troubled F45

16th August 2022 - Loss of confidence sees mass cancellation of F45 franchise sales

29th July 2022 - Outgoing F45 Chief Executive Adam Gilchrist looks back on goal to ‘change people’s lives by creating the world’s best workout’

2nd October 2021 - New IBISWorld study shows significant revenue decline for Australian gyms and fitness centres


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