Update | Branches of struggling California Fitness shut down across Hong Kong
Written announcement circulated among staff says gym chain and two sister companies are closing their doors
Struggling California Fitness shut down on Tuesday along with sister centres mYoga and Leap in what could be the end of the road for the gym chain, according to a company announcement being circulated among staff late Monday.
A source showed the Post a notice dated July 12 informing staff that all outlets under JV Fitness, which runs 12 gym centres under the three companies, would cease operations effective on Tuesday until further announcements.
The notice said operating capital had been frozen in light of a pending winding-up petition and the group would have to close business because it was short of cash.
“Should there be new updates, the group will make public announcements,” it said.
Since its Whampoa outlet closed last Monday, California Fitness has been hit by more trouble, putting what the Post understands to be 100,000 members and 500 employees in limbo.
