Connect with us

Business

Equinox Donating $5M to Charity in Wake of Trump Fundraiser

Published

on

NEW YORK (PageSix) — Equinox is desperately trying to rehabilitate its image.

In the wake of a public relations nightmare after members learned investor Stephen Ross hosted a political fundraiser for President Donald Trump , chairman Harvey Spevak announced Thursday that the tony gym will donate $1 million to five charities.

“Many of you have asked for clarification on Stephen Ross’s investment in Equinox. Mr. Ross is not the majority investor in Equinox. He is one of the investors including myself. He does not run the company. I do. I am the Executive Chairman of Equinox and have led the vision and strategic direction of the company since I joined in 1999. Our focus has always been about building a community centered on our values, not politics,” Spevak explained in a memo sent to members and staff.

Last week, Equinox and sister gym, SoulCycle , faced a firestorm after it was revealed Ross was hosting the event, with celebs and activists freaking out on social media and members canceling subscriptions . The fitness company also operates PURE Yoga and Blink Fitness.

In […]

Continue reading at pagesix.com

Continue Reading
Advertisement
Click to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending