Home / Business and Economy / Luxury Fitness Studios Shut Doors Overnight
Luxury Fitness Studios Shut Doors Overnight
24 Sep
Summary
- Common Bond, operator of luxury fitness brands, abruptly closed all studios.
- Staff were notified of pay delays last week and learned of closures via email.
- The company's website is inaccessible, and its financial history is minimal.
All studios operated by the fitness company Common Bond have abruptly ceased operations. The company, which managed high-end exercise brands including Barrecore, Boom Cycle, and Kobox, sent an email to customers on Wednesday announcing the indefinite closure of all its London locations.
Instructors have revealed they were informed of delayed payments last week, with the pay for their services due on August 14th. They discovered the studio closures through the same email sent to customers, causing significant disruption and uncertainty.
Common Bond, described as a wellness collective with annual membership fees of £2,400, also operates the Reformcore and Triyoga brands. The company was incorporated just last June, and its website is no longer publicly accessible, with a recent filing showing a director's departure last month.
