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These 5 fitness and sporting goods companies have filed for bankruptcy in 2020, as the coronavirus continues to dramatically change how Americans exercise
These 5 fitness and sporting goods companies have filed for bankruptcy in 2020, as the coronavirus continues to dramatically change how Americans exercise
Bethany BironSep 19, 2020, 22:51 IST
A Gold's Gym location during the pandemic.J. Conrad Williams Jr./Newsday via Getty Images
A growing number of fitness and sporting goods companies are filing for bankruptcy, as the coronavirus pandemic continues to upend the entire retail industry.
Brands listed failed to recover from temporary government-mandated closures to gyms and indoor fitness facilities earlier this year.
These are the five fitness and sporting goods companies that have filed for bankruptcy so far in 2020.
The coronavirus outbreak has wreaked havoc on nearly every sector of the retail industry — including fitness and sporting goods.
A growing number of fitness companies have filed for Chapter 7 or Chapter 11 bankruptcy in recent months, after failing to recover from temporary government-mandated closures to gyms and indoor fitness facilities intended to prevent the spread of the disease.
Each of these companies also join a rapidly expanding list of retail bankruptcies so far this year, which include restaurants and off-price clothing brands.
Here's a list of the fitness and sporting goods companies that have filed for bankruptcy in 2020.
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Flywheel Sports
Eugene Gologursky/Getty Images for Flywheel
Town Sports International
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24 Hour Fitness
REUTERS/Jeenah Moon
Gold's Gym
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Modell's Sporting Goods
John Nacion/SOPA Images/LightRocket via Getty Images