YogaWorks

YogaWorks
Founded 1987
Founders Maty Ezraty and Chuck Miller =
Headquarters Santa Monica, United States
Number of locations
 40
Area served
 California, New York, Massachusetts
Key people
 Phil Swain, CEO
Products yoga clothing & accessories
Services yoga classes
Revenue $3 million (2007)[1]
Website www.yogaworks.com

YogaWorks is a Santa Monica based, privately held yoga studio, chain and retailer.[2] It was founded in California in 1987.[3]

History

Yogaworks was founded by two yoga teachers, Maty Ezraty and Chuck Miller.[1] Phil Swain became the company's CEO in 2005.[4] In 2007 Yogaworks had 14 locations in the states of California and New York[5] and by 2008 the company had expanded to 21 yoga studios.[1] In 2014, the company and its 29 yoga studios were purchased by Great Hill Partners for $45 million.[4][6] As of 2015 the company had 40 yoga studios including two in the Boston area which it acquired that year.[3] In 2015 the company said it had plans for further expansion into San Diego, San Francisco, New York City, Boston and Washington DC.[6]

Products and services

The company offers yoga classes and sells yoga clothing and accessories. YogaWorks also offers training programs for yoga teachers. Some locations offer juice bars and spa-like amenities. Its classes are accessed exclusively through a membership fee program.[7]

References

  1. 1 2 3 Sarah Duxbury (October 31, 2008). "Yoga Stretches Into the Bay Area". San Francisco Business Times. Retrieved 26 January 2010.
  2. ↑ Nieder, Alison. "YogaWorks Has Eye on California for Retail Rollout". Apparel News. Apparel News. Retrieved September 23, 2015.
  3. 1 2 Geller, Jessica (September 9, 2015). "YogaWorks aquires two Boston yoga studios to enter Mass. market". Boston Globe. Retrieved September 23, 2015.
  4. 1 2 Gillian Tan (July 18, 2014). "Private-Equity Firms Race to Buy Fitness Chains". Wall Street Journal. Retrieved 18 July 2014.
  5. ↑ Betsy Boyd (July 1, 2007). "Competition for Area Students Will Go to the Mat". Ventura County Star. Retrieved 26 January 2010.
  6. 1 2 Masunaga, Samantha (June 4, 2015). "YogaWorks chain stretches its reach in California with deal". LA Times. Retrieved September 24, 2015.
  7. ↑ Black, Black (September 23, 2015). "Phil Swain". Huffington Post. Retrieved September 25, 2015.
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