SoulCycle in a spin cycle as brand cuts top instructor pay, classes

SoulCycle in a spin cycle as brand cuts top instructor pay, classes

Is SoulCycle, once furiously trendy, out of control? The cult fitness brand, which made its name by turning instructors into superstars and counting celebrities like Beyoncé, David Beckham and Madonna as fans, is holding back some of its top revenue. In August, the company, which has struggled during the pandemic, announced that he would it … Read more

SoulCycle to hit brakes on nearly 25% of its locations

SoulCycle to hit brakes on nearly 25% of its locations

SoulCycle is slimming down. The once-trendy fitness chain (some people have been known to take multiple classes a day) will close 20 of its 82 studio locations across the country in the coming weeks, the company announced Friday in a Zoom meeting at style of a town hall with its employees. The private company, owned … Read more