The rise and fall of F45

Founded by two Aussies, F45 was launched on the New York Stock Exchange back in 2021 and was immediately valued at $2 billion with endorsees among the biggest names in sport and entertainment. Less than two years later, it is a vastly different story.  At least five F45 gyms across Victoria, Queensland and South Australia - which are individually owned but franchise operated - have entered liquidation in the past six months. So why has the shine gone off F45?  And what does the future hold for what was once, one of the fastest-growing gym franchises in the world?

In today’s Briefing, we speak to Daniel Bova, who ran F45 gyms for 8 years, about the rise and fall of the Australian franchisor.

Headlines:

- “New dawn” in Australian defence announced 
- Biden reassures US banking sector 
- Latrell Mitchell speaks out about racial abuse saga 
- Enid Blyton’s books to be updated 
- Everything Everywhere All At Once sweeps the Oscars 

Follow The Briefing:

Instagram: @thebriefingpodcast 
Facebook: TheBriefingNewsAU
Twitter: @TheBriefingA

See omnystudio.com/listener for privacy information.