business of yoga After Years of Financial Struggles, YogaWorks to Permanently Close...

After Years of Financial Struggles, YogaWorks to Permanently Close in New York


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On Wednesday, an email from YogaWorks CEO Brian Cooper delivered the news that all four remaining New York locations of this popular yoga studio chain would permanently close effective Sunday, April 19, due to economic challenges.

YogaWorks, founded by teachers Maty Ezraty, Chuck Miller, and Alan Finger, first opened in 1987 in Santa Monica, California, and grew to more than 60 studios across the country. The YogaWorks school combined different styles of yoga, including Iyengar and Ashtanga, helping to create the vinyasa yoga trend and the careers of many of the yoga teachers students seek out today, including Kathryn Budig, Annie Carpenter, and Seane Corn.

See also Master Teacher Maty Ezraty on the State of Yoga Right Now 


“As a region, YogaWorks’ New York operations have lost money for several years despite many initiatives to improve studio performance and reduce losses, including closing individual studios, as we have tried desperately to keep New York afloat,” Cooper wrote in the email. “Even after closing Westside and SoHo, the economic realities are clear that there is no path to reduce our losses and get the New York region to break-even.”

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