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Virgin Active was founded in 1999. [1] Their first club opened in Preston, Lancashire that year. [2] Initially headquartered in Milton Keynes, in 2013 headquarters were moved to the Barbican in London leaving a small call centre in Milton Keynes which closed in 2018. In South Africa the company bought the assets of the 'Health and Racquet Club ...
Mar 21, 2024 · Virgin Active is majority owned by a South African billionaire. Virgin Active. Virgin Active was founded in the late 1990s by Sir Richard Branson and Matthew Bucknall, who stepped down as CEO in 2022.
Oct 10, 2023 · Virgin Active Group has racked up debts nearing £300 million, with rising central bank rates pushing up its bank loan interest rates beyond 10%. One of its loans now carries an interest rate of ...
In its most recently published set of accounts, for 2022, Virgin Atlantic posted a revenue of £2.8bn, up from £928m, and pre-tax losses of £268.9m, having also lost £204.9m the year before. City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Established in 1994, Kauai is SA’s largest healthy, fast casual restaurant group, with 169 stores across South Africa, Namibia, Botswana, Scotland, the Netherlands and Thailand. Of the 168 stores; 80. are corporate owned stores and 88 franchised. Of the estate, 97 are “In Motion” stores located in Virgin Active gyms (56 corporate + 41 ...
Dec 19, 2021 · Brait, which owns just under 80 per cent of the fitness chain, contributed £9.6million and Virgin Group put in £2.4million to reflect its 20 per cent stake. Flagging: Virgin Active's recovery ...
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Mar 4, 2022 · 4 March 2022. Virgin Active has announced that Dean Kowarski, founder of The Real Foods Group, has been appointed as its Group CEO. Dean started the Real Foods Group in 2013 and acquired the Kauai business in 2015 and has subsequently grown the business from 100 stores to 204 stores. Dean has been active in, and has an in-depth understanding ...
