Common Bond, a wellness collective operating multiple premium fitness brands including Barrecore, Boom Cycle, Kobox, Reformcore, and Triyoga, has announced the closure of all its studio locations, which are based in London. The company notified customers by email on Wednesday that studios would remain closed until further notice without providing additional explanation.
The abrupt shutdown has affected both customers and staff. Instructors reported being told the previous week that their salaries would not be paid on schedule, with some experiencing delays beginning on August 14. Despite the payment issues, some instructors continued teaching classes in good faith while awaiting clarification on compensation. Instructors discovered the studio closures only upon receiving the customer notification email and have reported receiving no subsequent communication from management.
Common Bond charges customers £2,400 for twelve months of unlimited class access. The company’s website is no longer publicly accessible to the general public. The exact number of affected instructors and customers remains unclear.
Company registration records indicate Common Bond was incorporated in June last year and has not yet filed any financial accounts with Companies House. Recent corporate filings show that director Ben Allen departed from his position last month. Gaspar Lipszyc, identified as a Belgian national residing in Spain, is listed as the company’s sole current director. The BBC has requested comment from Common Bond regarding the closures and circumstances surrounding the shutdown. Barre fitness, the discipline emphasized by Barrecore’s offering, combines elements of pilates, ballet, and yoga and has experienced growing popularity in recent years among fitness enthusiasts.
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