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. 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.so far this year, which include restaurants and off-price clothing brands.Flywheel Sports
If they have strong leadership then they will be back, updated and streamlined for modern times.
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