These 5 fitness companies have filed for bankruptcy amid the pandemic

  • 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. 
  • Visit Business Insider’s homepage for more stories.

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. 

source.



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