Gymshark Lays Off 65 US Employees In a recent turn of events, UK-based activewear brand Gymshark has decided to lay off 65 employees at its US offices in Denver. This move comes as part of a restructuring effort aimed at streamlining operations and optimizing efficiency in the competitive retail landscape. The decision, while undoubtedly a […]
Growing International Sales Boost Gymshark Revenue and Profits
International Expansion Drives Gymshark’s Impressive Revenue Growth In the fiercely competitive world of activewear, UK-based Gymshark has managed to carve out a significant niche for itself. The brand’s recent financial report for the year ending July 31, 2021, reveals a remarkable 54 percent surge in revenue. This substantial growth can be attributed largely to Gymshark’s […]
Inside Gymshark’s First Store
Inside Gymshark’s First Store Gymshark, the popular activewear brand known for its stylish and functional workout gear, is taking a bold step into the world of brick-and-mortar retail. Despite experiencing a significant surge in online sales, the company has decided to open its inaugural physical store in the vibrant city of London. This move marks […]