Barrecore and Boom Cycle owner suddenly shuts studios
Common Bond has emailed customers announcing its locations were closed "until further notice".
Barrecore and Boom Cycle owner abruptly closes studios
The fitness business behind premium workout classes Barrecore, Boom Cycle and Kobox has suddenly shut all of its studios.
Common Bond emailed customers to say its sites, all of which are in London, were closed “until further notice”.
The company, which describes itself as a wellness collective, charges £2,400 for 12 months of unlimited classes. It also operates the Reformcore and Triyoga brands and said in August last year that it had ten sites.
Its website is no longer publicly available.
An email sent to customers on Wednesday and seen by the BBC said: “We’re sorry to let you know that all Common Bond studios are closed until further notice.
“We sincerely apologise for the inconvenience and disruption this may cause . We understand this is frustrating, and we appreciate your patience while we work through this.”
Instructors have told the BBC they were informed last week that they would not be paid on time, and that they only learned of the studio closures from the Wednesday email.
One instructor said she and her colleagues were told their pay would be delayed on the day it was due, 14 August.
She said: “In good faith, I continued to teach my classes without any news on when or if payment would be made. I have heard absolutely nothing since.”
It is not yet clear how many instructors and customers have been affected by the sudden decision to close the studios.
Companies House filings for Common Bond show the company was incorporated in June last year, meaning it has not yet filed any accounts.
The latest filings show that a director, Ben Allen, stepped down last month.
Gaspar Lipszyc, listed as a Belgian national living in Spain, is now the only director shown for the company.
Barrecore is a brand focused on barre, a fitness discipline that blends pilates, ballet and yoga.
Barre is a low-impact form of exercise, and its popularity has risen sharply in recent years as well-known figures including Pippa Middleton have praised its benefits.