The fitness sector isn’t immune to change, but Real Business found the weapon used to challenge large gym chains is to keep things small and simple with a “boutique” approach.
The less-than-spectacular recent results of UK bastions such as Next and M&S highlights the fact that large-scale retailers cannot rest on their laurels. We take a look at how boutique retailers are riding a new wave as consumer preferences evolve and online retail develops further.
StreetHub, a UK-founded network for independent retailers, has secured a £1.7m investment from Octopus, Index and angel investors, which has allowed the business to embark on a rebrand under the new guise of Trouva.
An increasing number of independent gyms, otherwise known as boutique studios, are opening across the UK and a report has warned big chains including Fitness First, Virgin Active and Sports Direct to sit up and listen.
Is this the new look of luxury retail – and manufacturing?