News: Finance
Auric International Markets Limited announces significant partnership with Borussia Dortmund
One of the world’s leading financial brokers - Auric International Markets Limited (AIMS) - has embarked on their first venture into sport sponsorship announcing their Asian…
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Planet Fitness announces 63.5% rise in global revenues in last quarter
Low-cost gym operator Planet Fitness has reported a 63.5% rise in revenues to US$224.4 million in the last quarter with store sales increasing by 13.6% (US$151 million) to US$1,019 million,…
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Chinese property giant Evergrande cancels Guangzhou football stadium deal
China’s ongoing property crisis has seen real estate giant the Evergrande Group cancel a contract to buy land rights for a new football stadium in the city of Guangzhou. Evergrande,…
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Minister confirms cost of terminating Singapore Sports Hub partnership
The Singapore Government has revealed that the cost of terminating the public-private partnership (PPP) for the operation of the Singapore Sports Hub will reach S$2.3 billion (US$1.67…
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Xponential Fitness signs master franchise agreement for CycleBar to operate in Japan
Xponential Fitness, Inc, the largest global franchisor of boutique fitness brands, announced today it has signed a Master Franchise Agreement in Japan for CycleBar, the world’s…
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World Surf League fans frustrated with cancellation of 2022 Quiksilver / ROXY Pro France
The recent announcement from the World Surf League and Boardriders advising of their decision to the cancel the 2022 Quiksilver / ROXY Pro France in Hossegor has seen fans of the event…
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Outgoing F45 Chief Executive Adam Gilchrist looks back on goal to ‘change people’s lives by creating the world’s best workout’
With media reporting on the tumbling share price of Australian-founded fitness franchise F45 Training on the New York Stock Exchange (NYSE), outgoing Chief Executive Adam Gilchrist has…
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F45 Training announces layoffs for almost half its corporate staff after revealing projected revenue fall
Australian-founded F45 Training has revealed a significant fall in its projected full financial year revenues, reducing income projections for the year to US$120 to US$130 million, compared…
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