SEOUL, May 19 (Korea Bizwire) — Fitness centers are dealing with significant losses after seeing their operations restricted by the central government as part of coronavirus containment measures. SG Lab, a research arm of the South Korean real estate marketing firm, reported that according to statistics provided by the Ministry of Interior and Safety, 214 [...]
SEOUL, Jan. 13 (Korea Bizwire) — Despite the spread of the coronavirus, the number of new fitness centers reached an all-time high last year, data showed Tuesday. The number of new fitness centers that opened last year totaled 1,329, the highest since related statistics were first compiled in 1989, according to statistics from the Ministry [...]
SEOUL, Oct. 12 (Korea Bizwire) — Fitness centers are expected to grow despite the impact of the coronavirus pandemic, thanks to the so-called ‘dumbbell economy’ in which people invest to keep themselves fit. KB Financial Group Inc., a major South Korean banking group, reported Sunday that the number of fitness centers in South Korea increased [...]