Friday, May 22, 2009

Fitness Chainin Top Health

“DUNCAN Bannatyne’s Darlington-based health club chain has more than doubled profits as credit-crunched clients treat themselves at home rather than spending their money abroad. The Dragons’ Den star’s Bannatyne Fitness, which has around 60 clubs in Britain, made a pre-tax profit of £9.7m last year - up from £4.3m in 2007. The company said it was dealing with the economic gloom by working to ensure health club membership remained a central part of its customers’ lives. The weak pound and increasing numbers of people opting to holiday at home were boosting trade, the company said. Duncan Bannatyne’s reputation as a philanthropist was confirmed by the accounts, which showed the company donated £74,681 to charity last year, up from £72,382 in 2007.”

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