IHRSA previously predicted that by the end of 2020, 25% of American fitness clubs will face the problem of permanent closure. It is reported that there were as many as 40,000 clubs in the heyday of the American fitness industry, and today's huge losses are called "disasters" for the industry.
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The "giant" of the fitness industry is gradually falling down.
In this context, the "giant" of the American fitness industry is gradually declining. According to the report, as early as the beginning of May, Gold's Gym, an established American fitness company for more than half a century, took the lead in filing for bankruptcy protection and closed its 32 stores.
Anytime Fitness, another fitness giant, also maintained its business by cutting stores. According to reports, the company's brand 24-hour fitness has been closed locally 130 gyms; Anytime Fitness Asia, an Asian business with a total share of 30%, was also acquired by the Asian Consortium (IBA).