There are growing signs London’s luxury fitness market is in crisis after high-end gym club Equinox posted an £18 million loss and warned on its future in the UK.
The firm, which has three sites in Kensington, Bishopsgate and St James’s and is popular with celebrities such as Lindsay Lohan, Paris Hilton and Khloe Kardashian, warned that there was ‘material uncertainty’ as to its status as a going concern and it was reliant on funds from its larger US parent to continue trading.
