All Gymshark articles
-
News briefs
Adanola names Niran Chana as CEO
Adanola has appointed Niran Chana as its new Chief Executive Officer to spearhead the brand’s global expansion efforts. Chana, previously the Chief Commercial Officer at Gymshark, assumes his new role effective June 20. His tenure at Gymshark saw significant achievements, including driving global sales growth and overseeing key functions such ...
-
News briefs
Gymshark launches athleisure line with Selfridges
Gymshark has launched a premium athleisure line, dubbed “Everywear,” with Selfridges, its first-ever wholesale partner. Everywhere is located in Gymshark retail spaces on levels 3 and 1 at Selfridges Oxford Street in London, Selfridges Trafford in Manchester, and online. The range will be sold exclusively in Selfridges until early-mid April.
-
News briefs
Gymshark elevates Carly Natalizia to Chief Digital Officer
Gymshark has announced the promotion of Carly Natalizia to the role of Chief Digital Officer, a position newly created within the company. Natalizia, who initially joined Gymshark in 2022 as vice president of marketing, international, has steadily climbed the ranks, subsequently serving as global marketing director in 2023. Before her ...
-
Article
Gymshark’s annual profit drops despite higher sales
UK-based sportswear company Gymshark, which closed its regional sourcing offices in Hong Kong and Mauritius and restructured its North American team last FY, suffered a 32 percent decline in annual operating profit to £20,087,000 (€23.5m) for the 12 months ended July 31, 2023. Net profit, impacted by a 320 percent ...
-
News briefs
Gymshark women’s head of brand steps down
Stephanie O’Neill, the Head of Brand for Gymshark’s women’s division, has announced her departure from the Solihull-based activewear company after a seven-year tenure. Joining Gymshark in 2017 from Religion Clothing, O’Neill held various roles and was promoted four times, most recently in April 2023. Her replacement has yet to be ...
-
Infographics & Data
Sportswear websites ranked by visitor age group
Which UK sportswear retailer website gets the most visits from Gen Z? What about Millennials? And which is the most popular sportswear retailer website for those over 65? Our infographic shows how online shopping tastes change with age.
-
Infographics & Data
Sports apparel market 2022: Global revenue and market shares
Short on time, but want a summary of the global sports apparel market sales and revenue in 2022? Our infographic has the numbers for 29 big names.
-
News briefs
Gymshark’s CCO to leave the company
“We don’t normally do public goodbyes, but sometimes it’s the right thing to do.” That’s the opening line of a LinkedIn post by U.K. sportswear brand Gymshark announcing the departure of its Chief Commercial Officer, Niran Chana, after more than eight years with the company and four years in the ...
-
Article
Gymshark FY results impacted by discounting, restructuring costs
U.K.-based sportswear company Gymshark realized a 38 percent decline in annual profit to £22,529,000 (€25.5m) versus £36,497,000 for the FY ended July 31, 2022. Ebit slid by 39 percent to £27,837,000 (€31.5m), and annual operating profit was down by 37 percent to £29,561,000. The company generated lower profitability despite ...
-
Article
10 years since the Rana Plaza tragedy: Has anything changed?
The apparel industry in Bangladesh employs 4 million garment workers. 10 years on from the Rana Plaza disaster, have conditions improved?
-
News briefs
Gymshark downsizes U.S. headquarters
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 ...
-
News briefs
Gymshark taps CSCO from Lacoste
British fitness community and activewear brand Gymshark has announced the appointment of Laurent Madelaine as its new chief supply chain officer (CSCO), a new position within the company. Madelaine joins Gymshark after more than five years at Lacoste, where he was EVP of operations for the last three years, responsible ...
-
News briefs
Gymshark will have a new chief people officer in 2023
U.K.-based activewear brand Gymshark has announced that Laura Hagan will join the company in Jan. 2023 as its new chief people officer (CPO). She will be joining from Tate & Lyle, where she held the role of chief human resources officer for four years. Prior to that, she worked at ...
-
Article
Foot Locker raises FY outlook, decides to exit some geographies
Citing better-than-expected third-quarter results, plans to further realign its brand portfolio and a strategy to move to 300 non-mall locations by 2024, Foot Locker today raised its full-year outlook. The retailer, which has decided to abandon a fourth quarter entry into Japan and exit joint ventures in Benelux and Eastern ...
-
News briefs
Logistics services companies ReBound Returns and Cycleon merge
The U.K.-based companies ReBound Returns and Cycleon announced their company merger. They had previously operated as separate entities under the Reconomy Group, after both being acquired in recent years. In the future, the service companies will operate under the name ReBound, a Reconomy Group company. The newly formed logistics services ...
-
News briefs
Gymshark will have a new CFO
U.K.-based activewear brand Gymshark has appointed Mat Dunn as its new chief financial officer. Most recently, Dunn served as Asos’ interim CEO, after the departure of Nick Beighton in late 2021. Also at Asos, Dunn previously served as chief operating officer and chief financial officer. Dunn stepped down from Asos ...
-
Article
Cross-border commerce publishes first online retail ranking
Providing an overview of the European fashion retail market in 2021, Cross-Border Commerce Europe has published a ranking of fashion retail online.
-
Article
Market Analysis: The sports apparel market
This is an exclusive, yearly statistic available only to subscribers of SGI Europe. It includes revenue and market-share development, as well as a regional breakdown, of the major global sports apparel brands.
-
Analysis
How COVID-19 has impacted the Fitness Market – Insights and Trends 2023
Thanks to vaccination and a bit more harmless variants of COVID-19, the fitness market is on the rise again. Booming for years before the pandemic caused a sudden halt, the branch is rearranging itself. In our fitness insights, we take a look at the situation before Corona hit, the changes ...
-
News briefs
Gymshark with new VP of marketing
Sportswear brand and fitness community Gymshark has appointed Carly O’Brien as vice president of marketing, whose role will be to make the brand “a household name,” according to media reports. In addition to driving growth and brand awareness for the online activewear giant in the U.K. and internationally, O’Brien will ...