California Management Group today announces a major expansion for California Fitness & Yoga Centers as it is set to double in size since 2014 to a total of 21 world class fitness and lifestyle locations in 6 cities throughout Vietnam by the end of 2015.
This announcement comes with news of 6 new, additional clubs to begin construction and be fully operational by the end of the year located in Ha Noi and Ho Chi Minh along with entering two new markets with a locatin in Nha Trang and Bien Hoa city. Currently California Fitness & Yoga Centers operates 14 clubs in Hanoi, Ho Chi Minh, Binh Duong and Da Nang.
“California Fitness & Yoga Vietnam is now one of the fastest growing and most well respected fitness companies in Asia; helping more than 15,000 clients every day live a more healthy and active life. Our vision is to not only be the best place for our members to workout but also the best place for everyone on our team to work.”
California Fitness & Yoga Centers doubles in size since 2014 to a total of 21 locations in 6 cities throughout Vietnam by the end of 2015
Daily Member Visits
Started in 2007 by the group’s Chairman & CEO Randy G. Dobson, California Fitness and Yoga was the first international fitness company to open in Vietnam with a single mission to “Make Life Better” by providing cutting edge fitness services and products in a dynamic social setting. By uniquely combining world class fitness services withthe latest and most popular entertainment trends, CFYC has created a market where none existed before and in the process inspired a wellness movement in Vietnam which has become one of the fastest growing and most successful consumer segments in the country. CFYC is on the road to becoming Southeast Asia’s leading fitness and entertainment company; delivering a healthy lifestyle “ecosystem” which integrates into every aspect of their client’s lives.
In January 2014, Mizuho Asia Partners, a subsidiary of Mizuho Bank, one of Japan’s largest financial institutions invested US$15 million dollars for a 10% of equity stake of CFYC.
From this new financial partnership California Management Group was established, creating a new financial and operational management platform, allowing the group to expand it’s extensive market knowledge and experience into multiple sectors within the consumer lifestyle and entertainment industries.
Under the leadership of California Management Group Chairman- Randy Dobson, CMG has expanded it’s holdings including a new retail distribution platform – CA Active; a retail sports apparel fashion line -CA Republik; a new media & entertainment division California Media Group, which oversees operations of a multimedia company – California Studios; as well as Celebrity Development Academy &Publicist Company – CA3 and most recently CMG has partnered with Japan’s Leading Beauty and Anti-Aging Expert Dr Eri Katagiri to create – Eri International;Vietnam’s first Japanese Anti-Aging Beauty Clinic. This project has attracted to its board, as a Managing Partner long time CFYC brand ambassador and Vietnam’s #1 singing sensation, Ho Ngoc Ha.
“We have created an organisation who’s primary function is to develop businesses and leaders who add significant value to the quality of life for people living in Vietnam and Southeast Asia”
Regarding California Management Group and the future of the company, Chairman & CEO Randy Dobson said this:
“We have created an organisation who’s primary function is to develop businesses and leaders who add significant value to the quality of life for people living in Vietnam and Southeast Asia.
A company who truly believes in the brand promise we were founded upon of MAKING LIFE BETTER. This applies to every business sector we choose to operate in; or any individual life we touch.
As we work toward our 2020 vision of 400 locations operating in multiple health and lifestyle sectors;its rewarding to take a moment and reflect and acknowledge the milestone of having opened 20 successful locations in Vietnam, knowing that we have only just begun.”