Fitness chain Gold’s Gym has filed for bankruptcy after the COVID-19 epidemic forced the closure of branches across the US and the wider world.
The news was confirmed by president and CEO Adam Zeitsiff this week, although he stressed the company was “not going out of business”.
“Gold’s Gym has been the world’s trusted fitness authority for going on 55 years, and we are absolutely not going anywhere,” Mr Zeitsiff said in a video message announcing the bankruptcy filing.
But he said the coronavirus had impacted the company “deeply and in many ways” and confirmed the permanent closure of 30 company-owned outlets in the US.
https://www.news.com.au/finance/bus...s/news-story/b9e1d777d622d06094962a746fe1d597
The news was confirmed by president and CEO Adam Zeitsiff this week, although he stressed the company was “not going out of business”.
“Gold’s Gym has been the world’s trusted fitness authority for going on 55 years, and we are absolutely not going anywhere,” Mr Zeitsiff said in a video message announcing the bankruptcy filing.
But he said the coronavirus had impacted the company “deeply and in many ways” and confirmed the permanent closure of 30 company-owned outlets in the US.
https://www.news.com.au/finance/bus...s/news-story/b9e1d777d622d06094962a746fe1d597