Barrecore and Boom Cycle owner suddenly shuts studios
Common Bond, the parent company of fitness brands including Barrecore and Boom Cycle, has abruptly closed all its London studios. Employees reported being left in the dark regarding pay and the sudden cessation of operations.
Why it matters
The sudden closure highlights the volatility in the boutique fitness market and the impact on both employees and prepaid customers.
Share Save Add as preferred on Google Dan Sales Getty The fitness company behind high-end exercise classes Barrecore, Boom Cycle, and Kobox has suddenly shut all its studios.
Common Bond emailed customers announcing its locations, all of which are currently in London, were closed "until further notice".
The firm describes itself as a wellness collective and charges £2,400 for 12 months of unlimited classes. It also runs Reformcore and Triyoga brands and said in August last year it had ten sites.
Its website is no longer publicly accessible. The BBC has contacted Common Bond for comment.
The email sent to customers on Wednesday seen by the BBC said: "We're sorry to let you know that all Common Bond studios are closed until further notice.
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