Mark Wright plans to open his own gyms as he launches fitness empire
He recently launched a fitness app and now Mark Wright has taken his business empire dream a step further and is set to open his own gyms. The former TOWIE star started fitness business, Train Wright following his successful online workouts during lockdown. Now The Sun can exclusively reveals he has applied to trademark the […]
He recently launched a fitness app and now Mark Wright has taken his business empire dream a step further and is set to open his own gyms.
The former TOWIE star started fitness business, Train Wright following his successful online workouts during lockdown.
Now The Sun can exclusively reveals he has applied to trademark the business name to open up gyms.
A source said: “Mark wants to trademark the name for gyms, plus online tuition, books and DVDs, as well a for clothes and sports equipment.”
They added: “He filed the papers in June. Once approved by the Intellectual Property Office, it will mean he is the only person who can use his name.
“It will prevent others from using ‘Train Wright’ to cash in on his fame and status to make money.”
The exciting new venture comes after The Sun revealed Mark, 33, and his wife Michelle, Keegan, 32, were expanding their multi-million pound empire this year.
In May, they launched a joint fitness venture, called Mysa Active, the same time Mark opened Train Wright.
Both companies were registered as “physical well-being activities”, with Mysa Active labelled as the “retail sale of clothing in specialised stores.”
A month later, in a step to rival the Beckhams, business savvy Mark and Michelle launched another fashion brand – Mysa Ventures.
It’s 85 per cent owned by Mysa Active and the remaining 15 per cent by Catalyst Group – a ‘brand building firm’ – with links to footballer Jessie Lingard and Love Island’s Molly May Hague.
Both Mysa Ventures and Mysa Active are described as “retail sale of clothing in specialised stores.”
These new ventures are a way for the couple to cash in and join long-standing firms run by the two of them.
Mark owns property firm Chigwell Properties and The Wright Look Models while Michelle has Rosia Promotion.
Between them, the firms held £5m in assets according to latest accounts.
Solicitor Jonty Warner said there’s several advantages for high-profile stars in registering trademarks.
“It bolsters their ability to take action against third parties who may be using the relevant names in the course of trade without consent,” he began.
“The mere presence of these kinds of trade marks on the register can also act as a deterrent, where a third party is considering using the name without their consent.”
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He added: “Secondly, it improves their ability to enter into agreements to commercialise their personal brand.
“They may wish to license out the trademarks to partners and earn royalties that way.”
David and Victoria Beckham turned their attention to the fashion industry following successful singing and football careers, respectively.
Mark is estimated to be worth about £9.1 million, while Michelle is thought to be worth about £2.7 million.