GymShark news and archive

Gymshark hits record revenue in FY24, yet profit continues to fall

Sportswear retailer Gymshark welcomed a strong revenue growth for FY24, recording an increase of 9 percent per annum which amounted to 607.3 million pounds. While its “active trading stance” and “vibrancy of the brand” were cited to have aided in the uptick, such instances were unable to help profit, which continued on a downward trend. For the...

Retail|Interview

Inside Gymshark’s third permanent London store

British fitness brand Gymshark has opened its third permanent store in London at Westfield White City completing “the triangle of London,” as it looks to target a more premium, fashion-conscious customer base. The 9,000 square foot store, located on the ground floor of the shopping centre, has been designed to complement its experiential...

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Gymshark names Kim Dolder as chief commercial officer

British fitness and apparel brand Gymshark has promoted Kim Dolder to chief commercial officer to drive the brand forward into a “fully omnichannel enterprise”. Dolder, a former Abercrombie and Fitch and Under Armour executive, joined Gymshark in April 2024 as general manager of North America and will report directly to the brand’s founder and...

RetailFeatured

Gymshark confirms first permanent US flagship location in New York

Gymshark has confirmed that its first permanent retail store will be located at 11 Bond Street in New York City, as it looks to push forward its international expansion. The store will open later this year and will span 13,000 square feet across four floors. In a statement, Gymshark said the store concept will be similar to its Regent Street...

Retail

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...

People

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...