Bailiffs and 100 unpaid teachers: inside the collapse of ‘groundbreaking’ yoga studio Triyoga
The London-based yoga studio chain Triyoga and its sister brands have abruptly ceased trading, leaving approximately 100 freelance instructors unpaid for their final weeks of work. The collapse of the parent company, Common Bond, has resulted in significant financial hardship for teachers, with some facing potential homelessness due to lost income. Insolvency proceedings are currently underway as the company attempts to repay debts to HMRC, while questions arise regarding potential corporate misconduct known as phoenixing.
- ▪Triyoga and four sister fitness brands owned by Common Bond suspended trading on September 24, 2026, leaving about 100 teachers with unpaid wages.
- ▪Common Bond was formed after the liquidation of United Fitness Brands and is currently undergoing insolvency to repay debts to HMRC.
- ▪Teachers reported that cost-cutting measures, such as using AI-generated music and cheaper products, had negatively altered the studio's atmosphere before the closure.
- ▪Industry insiders have questioned whether the collapse constitutes phoenixing, a practice where directors close a company to eliminate debts and start a new one.
- ▪Nectar Capital, the investment firm backing Common Bond, has launched an investigation into the management practices of former director Robert Rowland.
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Yoga teachers who spoke to the Guardian said they had been left struggling to pay essential bills. Photograph: Yuri Arcurs/AlamyView image in fullscreenYoga teachers who spoke to the Guardian said they had been left struggling to pay essential bills. Photograph: Yuri Arcurs/AlamyYogaBailiffs and 100 unpaid teachers: inside the collapse of ‘groundbreaking’ yoga studio TriyogaFormerly a favourite of the A-list, the chain has abruptly ceased trading, leaving teachers and customers blindsidedRachel Hall, Geneva Abdul and Frankie TobiSat 3 Oct 2026 05.00 EDTLast modified on Sat 3 Oct 2026 05.02 EDTSharePrefer the Guardian on GoogleKate Comer is a single mother with two children, so she is used to living on a financial knife-edge.
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