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Article Date: April 2022
Word Count: 115

Gymshark Plans Restructuring After Rapid Growth


The U.K.-based sportswear brand will lay off as many as 121 employees, then hire over 100 in new roles that better map to critical areas for growth, according to multiple reports. Gymshark’s sales grew by over 50% to surpass £400 million ($550 mm) in the fiscal year ended July 31, 2021, with more than half of that ... Log in to view full article.

 


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