‘No response’: Yoga Inc shutters SAFRA Punggol outlet, cancels classes at Our Tampines Hub
Customers learnt of the closure only through their instructors.
Yoga Inc, a boutique yoga studio based in Singapore, has reportedly ceased operations with immediate effect, leaving many customers and instructors in the dark about their financial obligations and future plans. The studio, which was founded in 2013, operated two outlets at Our Tampines Hub and SAFRA Punggol before announcing its closure on September 18.
According to a note to staff seen by The Straits Times, Yoga Inc cited insufficient funds as the reason for its shutdown. The company was unable to provide a timeline for settling outstanding amounts, including salaries and contractor invoices. Customers who attempted to access the studio's website found that classes at both locations had been cancelled, and the class schedule page had been removed.
Attempts to contact Yoga Inc's outlets and its founder, Ashly Lo, yielded no response. Lo, who sold the business in February 2021 and then resold it to a company owning Revolution, a fitness studio, did not return calls. Employees and customers have reported not being paid for their services, with some having taken unpaid leave since August.
The closure of Yoga Inc has left numerous customers with unutilized packages worth over $1,000. Many were not notified of the impending closure, and those who had classes scheduled on the day of the announcement were left without proper notice. The studio's Instagram account, which had been active since 2013, was deleted on September 18.
This incident echoes a growing trend of fitness chain shutdowns in Singapore, with True Fitness and True Yoga also unexpectedly closing in September, leaving hundreds of employees and customers with unpaid balances.
Written by urgent.news from Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
