All Gymshark articles – Page 3

News briefs

Sony sues Gymshark for misuse of songs

2021-07-20T17:05:00Z

Sony Music has filed suit against Gymshark in the U.S. federal court for Central California for copyright infringement in its social media campaigns. Its complaint states that the British DTC brand of fitness apparel, which recently set up an office for the U.S., “misappropriated hundreds of the most popular and ...

Article

Gymshark’s co-founder and main shareholder replaces Hewitt as CEO

2021-07-01T13:40:00Z

Starting on Aug. 1, Ben Francis, the 29-year-old entrepreneur who co-founded Gymshark in 2012 and is the British fitness apparel brand’s controlling shareholder, will take over the role of CEO from Steve Hewitt, who had been appointed managing director in 2015 and promoted to CEO two years later. Francis has ...

News briefs

Gympass’ valuation more than doubles to $2.2 billion

2021-06-30T17:07:00Z

Gympass has seen its valuation more than double to $2.2 billion, apparently reflecting a return to pre-Covid levels in the activities of fitness gyms and wellness studios, through a new $220 million round of financing. The big corporate wellbeing platform said it saw “a record four million monthly visits across ...

Infographics & Data

Best-performing sports brands in the German online market

2021-06-24T06:38:00Z

This is an extract of the research study The sports brands winning the online race in Germany in which we analysed 60 leading sports brands in Germany.

News briefs

Gymshark opens an inspirational office in Denver

2021-03-18T17:12:00Z

As planned, Gymshark has opened its head office for North America in Denver, Colorado. It will host regional functions in such areas as product development, branding, athlete management, legal and customer service in an inspirational environment. Much like its global headquarters in Solihull, England, the space offers a number of ...

News briefs

Will Gymshark come out with a line of shoes?

2021-02-02T18:28:00Z

The question was asked at the end of a presentation by Justine McCarthy, development director at Gymshark, in one of the workshops organized as part of the rich conference program of ISPO Munich Online. “Watch this space,” she replied with a smile, without providing any further details. Gymshark, a nine-year-old ...

Article

A £1 billion valuation for Gymshark

2020-08-18T17:35:00Z

A New York-based private equity investment firm, General Atlantic, said it is acquiring a 21 percent stake in Gymshark, a fast-growing U.K.-based fitness apparel brand born eight years ago, in a deal that values it at more than £1 billion (€1.11bn-$1.32bn). While the fitness apparel market is very buoyant right ...