Gymshark, which has appointed four new senior executives in recent weeks, is shuttering a “substantial portion” of its U.S. headquarters in Denver, Colorado. According to a state regulatory filing that was first reported by the Denver Business Journal, the British fitness community and activewear brand intends to cease most operations in Denver in March and lay off 65 to 67 employees there. The group raised $300 million from private equity firm General Atlantic in 2020, a year after opening the U.S. headquarters.

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