California Fitness & Yoga suspends multiple locations amid restructuring

California Fitness & Yoga has announced the temporary suspension of numerous gym locations across Vietnam, including facilities in Ho Chi Minh City, Hanoi, Da Nang, and Dong Nai. Recent closures include Landmark 81, Cali Tower, and Gigamall in Ho Chi Minh City, as well as Vincom Star City in Hanoi.

This wave of closures follows a series of service reductions initiated in late September, such as the suspension of VIP water and towel services. The company also previously implemented surcharges for certain GroupX and Yoga classes.

Founder and Chairman Dane Fort has publicly accepted responsibility for management and operational limitations. He has requested a 30-day period to complete a restructuring process that has been underway for approximately 90 days. As part of the recovery plan, the company intends to stop certain surcharges, prioritize the restoration of essential services, and introduce flexible monthly membership packages.