Can Virgin Active members use other clubs?
When you visit another club, make sure you swipe in at the Reception desk, rather than at the turnstile. Your home club should be the one you use most. If you are using another club more than your home club, we may ask you to transfer your membership to that club.
Who is the owner of Virgin Active?
Virgin GroupVirgin Active / Parent organizationVirgin Group Ltd. is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970.
Virgin Group’s date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however Virgin’s business and trading activities date back to the 1970s. Wikipedia
Has Virgin Active been sold?
Sir Richard Branson will bank £230m from the sale of Virgin Group’s stake in the fitness chain Virgin Active, in the latest multi-million pound windfall for his business empire.
Does Richard Branson own Virgin gym?
Virgin Active is 80 per cent owned by Brait – the investment group of former billionaire, Christo Wiese – which bought its stake from Richard Branson’s Virgin Group and investor CVC in April 2015, leaving Branson with 20 per cent and valuing the business at £1.3bn.
Can a 14 year old join Virgin Active?
Our goal is to offer a safe and effective exercise class for all members, so if you choose to attend a class, please follow the direction of the Virgin Active fitness professional to the best of your ability, in order to minimise disruption and safety risk for everyone else. Age restrictions: 15.
How much does Richard Branson worth?
4.2 billion USD (2022)Richard Branson / Net worth
Why is Virgin Active closing?
Gyms have been closed for much of the pandemic due to lockdown and tier restrictions, which has hit operators such as Virgin Active. Virgin Active’s majority backer Brait, which owns 72% of the group alongside the 18% owned by founder Sir Richard Branson, said revenues halved last year due to the pandemic.
What happened Virgin Active?
Virgin Active South Africa said gyms were open but online services were shut down due to a cyberattack. Stock photo. Virgin Active SA says it was forced to go offline after being targeted by sophisticated cybercriminals.