Does The Closure Of London Wellness Club Grace Belgravia Point To Forthcoming Brexit Woes?

London’s buzzing with the latest gossip swirling around Grace Belgravia, the posh wellness club that sent shockwaves with its abrupt closure last month. It’s got everyone talking about Brexit again, stirring up fresh concerns about its impact on the wellness scene.

Picture this: an exclusive women-only haven charging a hefty £5,500 a year, boasting a membership list fit for a royal family album — Princess Eugenie, Pippa Middleton, and even the illustrious Cara Delevingne. Yet, despite its glittering clientele, Grace Belgravia couldn’t weather the storm unleashed by Brexit. Co-Founder Kate Percival summed it up in one word: “Brexit.”

Rumors swirled about US investors and VIP members jumping ship amid the Brexit chaos, leaving the luxe club high and dry. But Niki Rein, the brains behind Barrecore, another wellness hotspot, begs to differ. She’s adamant that Brexit or not, the wellness industry is on the up and up. The catch? You’ve gotta nail down your brand and shout it from the rooftops to stay afloat.

Grace Belgravia’s farewell note on their website spilled the tea: “Brexit.” American backers bailed, spooked by the looming Brexit drama. And it wasn’t just them. High rollers packed their bags, bidding adieu to the UK uncertainty. Talk about a royal mess!

Now, word’s out that up to £10 million has gone down the drain since Grace Belgravia’s grand opening in 2012. Ouch!

Meanwhile, Rein’s playing cheerleader, assuring us that Grace Belgravia’s demise won’t sink London’s wellness ship. “Our classes are still a hit,” she declares, name-dropping celeb regulars like Rita Ora and Jourdan Dunn. They’ve even launched a new Barrecore spot in Islington, their tenth in London. Take that, Brexit woes!

But Rein’s got a point. In a market flooded with wellness wonders, you’ve gotta stand out like a neon unicorn. Know your stuff inside out and scream it loud enough to drown out the noise. It’s survival of the fittest, folks.

Back in 2016, Barrecore scored a sweet deal with Octopus Investments, raking in some serious cash after doubling their studio count. They even roped in Peter Woods, a bigwig from David Lloyd Leisure, to steer the ship. Smooth sailing ahead, Brexit or not!