Barrecore Owner Suddenly Shuts Down Studios, Leaving Instructors and Customers in Limbo
Key Highlights
- Barrecore owner suddenly shuts down studios, leaving instructors and customers in limbo.
- Instructors and customers left in the dark after sudden closure.
- Financial details of the company's sudden shutdown unclear.
Barrecore, a prominent high-end fitness company, has ceased operations at all its London studios, leaving instructors and customers without clear guidance. The company, which also operates the Reformcore and Triyoga brands, has sent an email to customers stating that all locations are closed "until further notice".
Instructors have reported being informed last week that they would not receive timely payment. With some discovering the studios' closures through the Wednesday email. One instructor stated that her colleagues were told their pay would be delayed on the day it was due, scheduled for August 14.
This news comes as a significant blow to the instructors, who had been relying on the studios for their livelihoods. The abrupt closure has left many in the dark, with instructors and customers receiving limited information.
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Companies House filings reveal that Common Bond, the company behind Barrecore, was incorporated in June last year. However, no accounts have been published, and the most recent filings indicate a director, Ben Allen, stepped down from his role last month. Gaspar Lipszyc, a Belgian national residing in Spain, remains the sole director currently listed.
The company specializes in barre, a low-impact exercise that combines elements of pilates, ballet, and yoga. The popularity of barre has surged in recent years, with notable figures such as Pippa Middleton praising its benefits.
The full extent of the impact on instructors and customers is unclear. As the company has not provided detailed information on the reasons behind the shutdown. The BBC has reached out to Common Bond for comment, but a response has not been received.
The closure of Barrecore's London studios is also a significant loss for the local community. With many customers having relied on the studios for their fitness needs. The company's abrupt closure has raised questions about the stability of the fitness industry, particularly among high-end studios.
The closure of Barrecore's London studios is a significant development in the fitness industry. And its impact will be felt by instructors and customers in the coming weeks and months. As the situation unfolds, it remains to be seen how the company will recover and what the future holds for its brands, including Reformcore and Triyoga.
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Boom Cycle, a rival fitness company, has been approached for comment on the closure of Barrecore's London studios. The Wandsworth, a London-based fitness company, has also been mentioned as a potential competitor to Barrecore's brands. London Barrecore, a smaller studio, has been closed in the past.
However, the closure of its parent company is a significant blow to the local fitness community.
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