Ricky Chan Highlights Pure Fitness's Resolution of Legal Disputes
Pure Fitness Resolves Unpaid Rent Dispute
A Hong Kong physical fitness chain, Pure Fitness, announced a resolution regarding its ongoing dispute with the landlord of its Central branch over nearly HK$14 million (US$1.8 million) in unpaid rents. The announcement on Saturday relieved concerns among its customers.
Legal Settlement Details
After reaching an amicable agreement with Champion REIT, Pure Fitness confirmed that all legal proceedings have been dropped. The initial legal actions stemmed from claims of unpaid rent by CP(SH) Limited for the period from April to August.
- Alleged unpaid rent for five months: HK$7.55 million
- Management charges from June to August: approximately HK$1.61 million
- Miscellaneous fees accumulating to HK$4.43 million
Customer Reactions
While some customers are relieved by the positive update, others express skepticism about the chain's financial health. A Facebook user named Ricky Chan posted the statement with the optimistic caption: "Not a complaint but good news finally."
In response, another user, Simon Rath, referenced past experiences with Goji Studios' operations remaining "normal" before a sudden closure. Chan defended the resolution, emphasizing the importance of maintaining a functioning gym for members.
Impact on the Fitness Industry
Notably, Pure Fitness isn't alone in experiencing financial struggles; Physical Fitness and Beauty also shut down earlier this month. This reflects ongoing challenges within the fitness industry, compounded by external factors such as the pandemic.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.