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LA Fitness

LA Fitness is to sell 33 of its 80 gyms, as part of a restructuring arrangement through Deloitte.

LA Fitness is investing £30m in the revamp of its 83 fitness clubs, and 350 jobs will be created at its 24 clubs in London.

LA Fitness is planning to create a further 100 jobs at its new headquarters in Doncaster over the next three years.

LA Fitness is to relocate its head office and up to 120 jobs from London to a 14,000 sq ft site at the Centrix Business Park near Doncaster by March 2007.

LA Fitness has acquired Crown Sports for £38m, taking its chain of health clubs from 61 to 90.

LA Fitness, the fitness club operator, is to undergo a £90m management buy-out backed by MidOcean Partners.

LA Fitness is planning to open a chain of weight-loss centres, involving the sale of slimming courses in partnership with supermarkets and hospitals, and the first site will open in Bedford next month.

LA Fitness is planning to open up to eight fitness clubs during the next financial year.

LA Fitness is planning to expand its chain of 64 health and fitness clubs with three new sites this year and four in 2004.

LA Fitness has announced plans to open about 20 health clubs a year, having agreed a new £90m debt facility.

LA Fitness, the operator of 46 UK health clubs, is on target to expand its chain to 74 clubs by July 2003, including four in Spain.

LA Fitness is to raise £10m in a rights issue in order to speed up the expansion of its chain of fitness centres from 25 clubs to 70 by 2003.

LA Fitness is forming a joint venture with Bupa and Video Networks to set up a health and lifestyle channel on digital TV.