Connect with us

Fitness

Breakingviews – Planet Fitness races against rate hikes

Published

on

Breakingviews – Planet Fitness races against rate hikes

View of the Planet Fitness logo at the their location in Clifton, New Jersey, U.S., January 6, 2023. REUTERS/Jennifer Saba Acquire Licensing Rights

NEW YORK, Sept 18 (Reuters Breakingviews) – Planet Fitness (PLNT.N) is struggling to adapt to a high-interest-rate diet. After 13 years, boss Chris Rondeau on Friday abruptly stepped down from the $4 billion gym chain, sending shares to their lowest level in three years. With growing debt-servicing costs crimping franchisees, the company can’t outrun rising rates unless its next coach reconsiders rock-bottom prices.

Under Rondeau, Planet Fitness benefited from a post-pandemic exercise rebound, notching annual sales growth of over 40% in the last two years as location count expanded by 13%. But last month, it lowered projections for further growth, blaming boosted construction costs that have left franchisees under heavy debt burdens, doubly painful given the higher cost of interest.

Allowing franchisees to hike prices might be unpopular for a company that prides itself on accessible dues. The price of a base membership hasn’t budged from $10 a month despite inflation. But rival Life Time (LTH.N) has shown it can work, having jacked up dues by 12% per location since 2019. Its stock is up 32% this year, while Planet Fitness’s is down by roughly the same amount. Life Time boss Bahram Akradi said his old approach of keeping prices low was a “mistake.” Planet Fitness can fix the same error. (By Anita Ramaswamy)

Follow @Breakingviews on X

Advertisement

Capital Calls – More concise insights on global finance:

S4 misery offers reality check on tech exuberance read more

Lonza’s CEO churn adds to company’s ailments read more

Ford’s boss evokes empty threats in union battle read more

H&M looks out of sync with shoppers’ reality read more

Advertisement

Deliveroo lacks tasty recipe for takeover call read more

Editing by Jonathan Guilford, Sharon Lam and Aditya Sriwatsav

Our Standards: The Thomson Reuters Trust Principles.

Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Acquire Licensing Rights, opens new tab

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Fitness

Ernie Hudson Shares His Workout Motivations at 78

Published

on

Ernie Hudson Shares His Workout Motivations at 78

WHEN ERNIE HUDSON walked the red carpet at the premiere of Ghostbusters: Frozen Empire—40 years after he starred in the first Ghostbusters movie—the internet could not get over how buff he looked, and had all kinds of questions about how he maintains such a fit and youthful appearance at the age of 78. In the latest episode of Gym & Fridge, Hudson invites Men’s Health into his Los Angeles home to break down the diet and training routine that keep him feeling good.

Firstly, Hudson is an intermittent faster, and won’t eat before noon. His first meal of the day tends to be oatmeal, or smoked salmon and eggs. But while salmon is an almost-daily staple, you won’t find many other varieties of fish or seafood in his fridge; he has a severe shellfish allergy. It’s so bad, in fact, that it proved to be one of the most dangerous parts of his service in the U.S. Marine Corps.

“My drill instructor made me eat a piece of shrimp. I kept saying, I’m allergic! He couldn’t believe that little piece of shrimp would be a problem,” he says. “I ate it, and I had an awful asthma attack, and I was eventually discharged from the military.”

Allergies and intolerances aside, there is not much that Hudson would 100% exclude from his diet. Similarly, he avoids fad diets these days. As he’s gotten older, he mainly tries to keep moderation in mind.

“I don’t have any rules of ‘I don’t eat.’ When I make a rule, every part of me wants to break it, so I don’t make rules,” he says. “There’s a price to pay for everything, and unless I really want to pay that price, it’s best to just leave it alone… The problem with diets is, as soon as you get off them, the weight starts to come back. The toughest diet I ever tried was called the Beverly Hills diet; grapefruit, cottage cheese. It was stupid!”

Advertisement

“I think as I’ve gotten older, you realize that you’re never going to do the things you know you should do,” he continues. “You’re never going to eat the way you should. I’ve done every diet you can imagine. At some point you have to just try to be a little bit better.”

Dave Benett//Getty Images

Hudson hits the gym three times a week, working out at Studio G Fitness, where he’s been going for the last 25 years. “I’m not the kind of guy who can get motivated to work out,” he explains. “I need someone else to tell me what to do.”

He keeps his sessions to an hour or less, hitting strength, mobility and balance on different days, and on the occasions when he can’t get to a gym, he’ll make sure that he does at least 100 pushups.

“At a certain stage in life, it’s just common sense stuff; I don’t want to break anything, I don’t want to overpush anything,” he says. “You only get one body, so it’s very important for me to keep it as functional as possible. Also, I’ve been married close to 50 years, and I don’t want my wife pretending that I’m attractive. I want at least to have a smile when I take off my shirt!”

Advertisement
Continue Reading

Fitness

I lost 80 pounds and became a fitness instructor — thanks to one piece of exercise equipment

Published

on

I lost 80 pounds and became a fitness instructor — thanks to one piece of exercise equipment

She’s on a roll.

A New Jersey woman is revealing how she shed 80 pounds and achieved her dream of becoming an indoor cycling instructor. Amanda Hinds, 31, loved the sport but ended up taking an extended break during the COVID-19 pandemic because her gym closed and she lost motivation.

“A little after COVID, I went on vacation, and I couldn’t even walk. My feet hurt just from walking and standing. My athleticism was really bad,” she told Today.com last week. “I went to the doctor, and I saw that I had gained 100 pounds in a year. I couldn’t believe it. I was so frustrated and disgusted with myself.”

She got back in the saddle in June 2021, documenting her weight loss and confidence building progress on TikTok to her 29,300 followers.

She started on her Peloton at 300 pounds and had dropped to 245 by August 2022. “I love cycling! Find something you love and stick with it,” she captioned one TikTok.

Advertisement
She’s been documenting her weight loss and confidence building on TikTok for her 29,300 followers. Instagram/@selflovecycle
Hinds took baby steps, focusing on getting through one song at a time until she had enough courage to audition to become a CycleBar instructor. She announced in June 2023 that she had reached her goal. Instagram/@selflovecycle

According to Harvard University, a 125-pound person can burn 315 calories riding a stationary bicycle vigorously for 30 minutes. That translates to 278 calories for a 155-pound person and 441 calories for a 185-pound person.

Those calorie counts drop between 200 and 300 if the cycling is done at a moderate pace over the half hour.

Hinds took baby steps, focusing on getting through one song at a time until she had enough courage to audition to become a CycleBar instructor. She announced in June 2023 that she had reached her goal.

The Belleville resident teaches in Jersey City and Montclair, per News 12 New Jersey. Instagram/@selflovecycle

Now she’s proud to represent “plus-sized women of color” as an instructor.

“I used to think riding here, people that don’t look like me, I maybe won’t fit in, I maybe can’t do the class well… so seeing people see that I am on the podium, so now they feel inspired that they can come to take a class and they feel motivated, less afraid,” Hinds told News 12 New Jersey in February.

Advertisement

The Belleville resident teaches in Jersey City and Montclair, per News 12.

She’s also taken up running, even signing up for a half marathon after being able to run 4 miles at a time. Instagram/@selflovecycle

She’s also taken up running, even signing up for a half marathon after being able to run 4 miles at a time.

“If you told me last year I was going to be jogging for an hour, I would not believe you. I’m definitely proud of myself when it comes to my fitness level,” she told Today.com.

Indoor cycling isn’t the only way to drop pounds — others have recently credited a weighted sled and a jump rope for their significant weight loss.

Advertisement

Continue Reading

Fitness

James Cleverly can do 100 – but can you do 10? Here’s why press-ups matter

Published

on

James Cleverly can do 100 – but can you do 10? Here’s why press-ups matter

Studies have repeatedly shown that being physically fit lowers the risk of heart disease, Type 2 diabetes, some cancers, depression, dementia and dying early.

“The ability to perform maximal repetitions of a push-up is more likely among those living a healthier lifestyle in general – those that are more conscious of their fitness, nutrition and sleep – so these behaviours and lifestyle habits will correlate to improved heart health,” says Samuel Quinn, the personal training lead at Nuffield Health.

“Ultimately, if you’ve got a stronger heart, it’s going to deliver more oxygen to the muscles effectively, to be able to push out more reps.”

Muscle and bone strength

Press-ups are a form of resistance training, which has been shown to boost muscle and bone strength, as well as bone mineral density – meaning they are less likely to break.

The exercise engages the pectoral (chest), tricep (back of arm) and anterior deltoid (front shoulder) muscles, as well as the abs.

Advertisement

These muscles are needed for everyday movements, such as getting out of a chair and lifting heavy items above your head, says Dr Blagrove.

Additionally, press-ups can help strengthen the bones in the forearms and wrists, which are especially vulnerable to osteoporosis. “There is a high amount of loading going through the arms,” he says. “Push-ups or exercises like push-ups should always be included as part of a strength training programme.”

How to do the perfect press-up

For your starting position, get into a plank position with your legs together and the balls of your feet and toes planted on the floor.

Your hands should be placed just wider than your shoulders, with fingers spread out and pointed forwards, and your arms should be straight.

There should be a straight line from your head to shoulders. Then, start lowering your body towards the floor while maintaining this straight line (pulling in your glutes and abs can help with this) until your chest almost touches the floor.

Advertisement

Next, push yourself back up until your arms are straight again.

If you’re new to strength training, you can practise against a wall or place your knees on the ground, as going straight to the traditional push-up may prove too challenging, suggests Dr Blagrove.

For the knee variation, place the knees on the floor instead of the balls of the feet. 

If doing the exercise standing up, place your hands flat against the wall at chest level and slowly bed your arms while keeping your elbows by your side, getting as close to the wall as possible, before pushing away.

Typically, 10 press-ups would form a set. 

Advertisement

However, the 100 Push-Ups a Day Challenge from Cancer Research UK calls for 10-times as many – though you don’t need to do them in one go. It runs throughout April but there’s nothing stopping you from starting now – the charity encourages people to take on the challenge at any point. So far, around £250,000 has been raised by more than 3,000 participants. More than £2,000 has been donated to the Home Secretary’s fundraising page.

Continue Reading
Advertisement

Trending