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YogaWorks Files for Bankruptcy, as Yoga Industry “Brought to Its Knees” by COVID-19

press release. The Chapter 11 petition ordered the permanent closure of all remaining YogaWorks brick-and-mortar studios in the United States as a result of the financial burden of the ongoing coronavirus pandemic, according to the release.

iStock“The COVID-19 pandemic has created unprecedented challenges for our industry and business, including mandatory studio closures and social distancing-imposed attendance restrictions even where studios have been permitted to reopen,” YogaWorks CEO Brian Cooper said in a statement.

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