VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
August 3: A leading fitness club in China, Hosa Fitness, has officially announced that they have completed the investment in two fitness clubs, Surmount Fitness Club and Nobleman Training Club, and will integrate them into Hosa as two subsidiary brands.
Following this deal, they will jointly establish a new fitness company to promote Surmount Fitness and Nobleman in China, plus also providing Chinese fitness enthusiasts with a higher quality service. Next year, Surmount and Nobleman will open over 10 digitally smart fitness clubs to increase their share in the fitness market.
In 1999, Hosa opened their first club in Beijing and have currentlylaunched in 8 cities in China, setting up around 100 clubs in total. As for Surmount and Nobleman, they have nearly 50 clubs around China, in areas that Hosa have not yet entered. As a result, by investing in these two clubs, Hosa can now enter more cities and enhance their leading status in the fitness industry.
Source: ifeng
Proofread by Raymond Fitzpatrick
Related coverage
23 Oct 2014
2015 in review: the sports business in China (IV)
08 Jan 2016
MOF invest RMB 208 billion in culture, sports and media areas
19 Oct 2017
How media investors hope to play ball in growing sports industry?
25 Jun 2015
Sportcal Interview:Insights on the world’s sports sponsorship industry
13 Nov 2015
More from Yutang Sports
Registration open - SportAccord World Sport & Business Summit
18 Dec 2023
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023
WFDF is ready to fly in Chengdu for the World Games 2025
17 Apr 2024
Gender equality will be reflected at OBS's coverage of the Paris 2024 Olympic Games
16 Apr 2024
Yutang Sports
loading...