GymShark news and archive

Retailers halt use of gig economy apps following trade union backlash

A number of UK retailers have reportedly stopped using gig economy apps like YoungOnes and Temper to hire freelance retail workers after unions criticised the method. According to the Guardian, Uniqlo, Gymshark and Lush are believed to have halted the use of these apps after just a short period of time. It seems that the decisions came as a...

Retail

Urban Outfitters and Gymshark among retailers accused of hiring festive workers without basic rights

A new report has accused a number of UK retailers of hiring young “freelance” employees via hiring apps that leave them without basic employment rights. According to The Observer, Urban Outfitters, Gymshark and Uniqlo are understood to be among those carrying out such practices as they fill out staff in preparation for the festive season. Such...

PeopleMember

Gymshark CFO Mathew Dunn resigned

Gymshark Chief Financial Officer (CFO), Mathew Dunn, has left the fast-growing British sportswear brand after less than two years, a Gymshark spokesperson shared in a statement to FashionUnited. Dunn's departure comes at a time when the sportswear brand is busy expanding internationally. Dunn joined Gymshark in December 2022. He was previously...

Retail|In Pictures Featured

Gymshark opens pop-up store in New York City

British fitness and apparel brand Gymshark has opened its first US pop-up store in over seven years in New York City. Located at 105 Wooster Street in SoHo, the 3,800 square-foot pop-up will be open until the end of January 2025 and comes in preparation for Gymshark’s first US flagship store, which is expected to open next year. Gymshark pop-up...

Retail

Gymshark to open four new stores, including first-ever pop-up

Sportswear brand Gymshark is continuing on its path of retail expansion, revealing that it is planning to open a total of four new stores over the next 12 months, including two UK permanent retail locations, its first-ever pop-up and its first store in mainland Europe. The pop-up will be the first to be introduced, with Gymshark set to open the...

People

Gymshark appoints Sian Keane as chief people officer

Fitness and apparel brand Gymshark has named Farfetch executive Sian Keane as its new chief people officer. Keane will join Gymshark on September 9, following 11 years at Farfetch, the last six of which she held the position of chief people officer. During her time there, she supported the company’s growth from 100 people to over 7,000 globally,...

RetailFeatured

Gymshark to open first permanent store outside of the UK

British sports apparel brand Gymshark has announced it will open its first-ever permanent store outside the UK in Dubai, United Arab Emirates, later in the year. The new store will be located on the ground floor of the Dubai Mall, the second-largest mall in the world by total land area, which welcomes more than 54 million shoppers through its...

People

Gymshark appoints first creative director for upcoming Adapt collections

British sportswear brand Gymshark has appointed influencer Whitney Simmons, known for her workout videos and openness about mental health struggles, as its first-ever creative director of Adapt, one of its most successful women’s lines. Simmons, who has more than 2 million subscribers on YouTube and 3.9 million Instagram followers, has...

Retail

Gymshark weighs up US and EU expansion as UK flagship store does better than expected

British sportswear brand Gymshark is targeting global expansion with store openings in key retail locations, as its debut store on Regent Street in London performs better than expected. The brand is reportedly "actively looking" for potential locations across the UK, the US and Europe, but is prioritising sourcing the right locations before...

PeopleMember

Gymshark names Kim Dolder as its first GM for North America

Gymshark has appointed Kim Dolder to the newly created role of general manager, North America. Dolder, the company said, is the latest in a series of senior appointments at Gymshark, following Mat Dunn joining from Asos as chief financial officer, Carly Natalizia joining from The Very Group as chief digital officer and Laurent Madeleine joining...

BusinessMember

Gymshark names first chief digital officer, outlines plans for 2024

Sportswear specialist Gymshark has appointed Carly Natalizia as its first chief digital officer, a role in which she will be responsible for the end-to-end digital customer journey. In addition to this, Natalizia has further been tasked with “defining the global strategy for the digital ecosystem, maximising the power of the brand and optimising...

BusinessFeaturedMember

Gymshark 2023 revenues up 15 percent, announces expansion plans

In its accounts filed for FY23, activewear brand Gymshark Group Limited reported 15 percent increase in revenue to 556.2 million pounds. However, the group’s gross margin contracted to 60 percent compared to 65 percent in the previous year. Pre-tax profit also declined to 13.1 million pounds. The company’s EBITDA including exceptional items rose...