News en Arizona Health Club Owner Continues Eminent Domain Battle with City <div class="node-body article-body">The owner of Scottsdale Resort and Athletic Club is suing the city of Scottsdale for $100 million after it announced plans to forcibly purchase his property to build a fire station.</div> <p><a href="" target="_blank">read more</a></p> For-profits Tue, 23 Aug 2016 23:17:00 +0000 57451 at <p>The city of Scottsdale, Arizona, declared eminent domain of property owned by a health club operator, and that operator, Bob Hing, is now suing the city. (Photo by Thinkstock.)</p> In-Shape to Pay Millions in Restitution, Fines as Settlement in Unfair Business Practice Case <div class="node-body article-body">In-Shape Health Clubs has agreed to pay $23 million in restitution and $3 million in fines to settle a civil case alleging it engaged in unfair business practices in its clubs in California.</div> <p><a href="" target="_blank">read more</a></p> For-profits Mon, 22 Aug 2016 22:24:00 +0000 57401 at <p>In the settlement, In-Shape did not admit to any wrongdoing. Its CEO said that the allegations in the case primarily relate to past practices and that the company has taken steps to ensure members will not be affected by the business practices alleged by the district attorneys. (Photo courtesy In-Shape.)</p> 2016 Inc. 5000 Fastest Growing Companies List Includes Fitness Businesses <div class="node-body gallery-body">The 2016 Inc. 5000 list of fastest growing companies includes 16 health clubs or fitness-related companies. </div> <p><a href="" target="_blank">read more</a></p> For-profits News Manufacturers Mon, 22 Aug 2016 18:11:00 +0000 57341 at Former Gold's Gym President Joins Newly Purchased Texas Family Fitness <div class="node-body article-body">Aaron Watkins, former president of Gold's Gym International, has been named the CEO of Texas Family Fitness after the company was purchased this week by private equity fund Topspin Partners.</div> <p><a href="" target="_blank">read more</a></p> For-profits Gold's Gym Wed, 17 Aug 2016 18:13:00 +0000 57321 at Equinox Hires Former Four Seasons Exec as Its Hotel Brand CEO <div class="node-body article-body">The former COO and president of Four Seasons Hotels, Christopher Norton, has been tapped as CEO of Equinox Holdings Inc.’s new hotel brand.</div> <p><a href="" target="_blank">read more</a></p> equinox Tue, 16 Aug 2016 23:34:00 +0000 57231 at <p>Christopher Norton joins the executive team for Equinox&#39;s luxury hotel brand this fall. He has more than 28 years of experience with Four Seasons Hotels. (Photo courtesy Equinox.)</p> Synergy Fitness Settles Billing Practices Suit with NY Attorney General <div class="node-body article-body">Synergy Fitness has agreed to a $60,000 fine and modification of its contracts and debt collection practices in a settlement with the New York Attorney General's Office related to alleged violations of the New York State Health Club Services Law. </div> <p><a href="" target="_blank">read more</a></p> For-profits Tue, 16 Aug 2016 21:03:00 +0000 57221 at <p>As part of the settlement, Synergy Fitness must modify its contracts. (Photo by Thinkstock.)</p> College of William & Mary to Build Wellness Center Separate from Rec Center <div class="node-body article-body">The College of William & Mary plans to open a $17 million, 28,600-square-foot wellness center in 2018, but the center will not include fitness offerings, which will continue to be offered in the LEED-certified rec center built in 2006. </div> <p><a href="" target="_blank">read more</a></p> Universities Tue, 16 Aug 2016 18:23:00 +0000 57211 at <p>The College of William &amp; Mary plans to open a wellness center in 2018 with construction to begin in spring 2017.&nbsp;(Rendering courtesy College of William &amp; Mary.)</p> Planet Fitness Reports Q2 2016 Revenue of $91.5 Million; Raises 2016 Outlook Again <div class="node-body article-body">Planet Fitness said its strong start in the first quarter of 2016 "accelerated" in the second quarter as it reported its second quarter financials Thursday. The company also raised its full-year revenue outlook. </div> <p><a href="" target="_blank">read more</a></p> For-profits planet fitness Fri, 12 Aug 2016 17:37:00 +0000 57181 at <p>Planet Fitness opened 36 clubs in the second&nbsp;quarter to give the company 1,206 total locations as of June 30. (Photo courtesy Planet Fitness.)</p> Federal Judge Denies LA Fitness Arbitration Bid in Membership Billing Lawsuit <div class="node-body article-body">The lawsuit against LA Fitness and its parent company Fitness International alleges misrepresentation of one-month membership purchases.</div> <p><a href="" target="_blank">read more</a></p> For-profits la fitness Thu, 11 Aug 2016 16:15:00 +0000 57141 at <p>LA Fitness is&nbsp;accused of false advertising related to its one-month membership sales practices.</p> Precor Second Quarter Revenue Declines to $89.6 Million <div class="node-body article-body">Precor's new product and service program that includes Spinning, Queenax, cardio-related products, new consoles and new content are being rolled out, Amer Sports said in its earnings release. </div> <p><a href="" target="_blank">read more</a></p> Manufacturers Tue, 09 Aug 2016 21:10:00 +0000 57071 at <p>Precor&#39;s Queenax functional fitness training&nbsp;system. (Photo by Precor.)</p>