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Lucrative deals with celebrities such as David Beckham, Greg Norman and Cindy Crawford were key to F45’s aggressive US expansion. But they also cleaned out the company’s coffers.
F45 Training Holdings went public in July 2021, raising around $325 million in a U.S. IPO. Read what to know about FXLV here.
Some days he seems like Barack Obama with a Dutch accent, and on other days like Margaret Thatcher with a haircut.
F45's job reductions come as the company is facing changes on several fronts. Founder and CEO Adam Gilchrist has stepped down.
The fitness company is suddenly in a tailspin.