Equinox and SoulCycle, two luxury fitness brands owned by private parent company The Related Cos., are seeking to distance themselves from a Trump fundraiser scheduled for this week at the home of their parent company’s chairman. Stephen Ross, who is chairman of The Related Cos., is hosting a luncheon for President Donald Trump on Friday at his residence in Southampton, New York. The two companies faced backlash from their customers after news of the fundraiser was reported by The Washington Post, including a reported boycott. In a statement, the companies said they do not support the event and characterized Ross as a "passive investor." "Neither Equinox nor SoulCycle have anything to do with the event later this week and do not support it. As is consistent with our policies, no company profits are used to fund politicians," the companies said in a statement. "We are committed to all our members and the communities we live in. We believe in tolerance and equality, and will always s...