CMG to open 10 more fitness and yoga centers

Hung Le

Johnny G is guiding yoga practice on tilting platforms at a Yoga Plus center in District 2, HCMC - PHOTO: HUNG LE

California Management Group (CMG) last Friday launched its new brand “Yoga Plus” and planned to open 10 more yoga centers under this brand within the next 18 months.

Randy Dobson, chairman and chief executive officer of CMG, said Yoga Plus centers will be equipped with modern facilities, attentive services, as well as associated utilities. This will create a pleasant atmosphere for yoga enthusiasts to recover their energy. Besides, patrons will be regularly updated on new yoga programs, or will be trained by world-renowned yoga teachers.

For example, Yoga Plus has introduced In-Trinity to its yoga programs. In-Trinity enables users to tilting training platforms considered as a new trend for yoga enthusiasts.

CMG has been completing two Yoga Plus centers in HCMC and one in Hanoi. The company will have ten Yoga Plus centers put into use in the next 18 months, with a capital of US$20 million. The group is working towards its 2020 vision of 100 such centers in many cities and provinces.

CMG was launched in Vietnam in 2007 to provide fitness services combined with popular entertainment trends, such as fashion, media, digital marketing, film production and health technology.

In 2014, Randy Dobson announced the company’s strategic financial partnership with Mizuho Asia Partners, a subsidiary of Mizuho Bank. Mizuho Asia Partners has invested US$15 million for a 10% stake in California Fitness & Yoga Centers (CFYC), CMG.