Gymshark
Wiki, Facts

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Facts

Education

Quotes

Net worth: $2,350,000

Comment

Founding date

: 2012

Founding place

: Birmingham, England, UK

Founded

: 11 years ago Comment

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Gymshark Wiki

Sports fitness brand from UK. They have a broad offering including workout t-shirts, gym bags, running jackets, stringer vests, hoodies and hex leggings.

Founded:	2012
How old is Gymshark in 2024? / Age:	11 years
Where was Gymshark founded?	Birmingham, England, UK
Gymshark Net worth 2024 (estimated)
How much is Gymshark worth?	$2,350,000
Nationality:	British

What is Gymshark? / Facts

Started in a Birmingham back room - As teenagers Ben Francis and Lewis Morgan created the website gymshark and started selling their handprinted t shirts there. One of them was a washer and one was a pizza delivery guy. They met at University and wanted to open a business selling fitness supplements.
International reach - With products available in most of Europe and offices in the UK, Sweden and Norway.
Youtube was the key - Since the social media didn't have the same reach then, they resorted to Youtube to promote themselves. They state that this had a huge impact on their success.
Outsourced T-Shirts - They used an external provider to make their shirts as they didn't have any money to invest. It was a platform where you could make your own design and sell it online. When somebody bought it, they got a certain margin. They made about 4 pounds per sold t-shirt.
Hard working - They used to do everything by hand and it took ages. At first they spent up to 17 hours per day working on the T-Shirts themselves.
Got it right the first time - It was the first time they had their try at making clothes. Never tried it before but new what they wanted.
Started off with their student loan - As they didn't have any savings put aside for this, they used their student's loan to buy their first printing machine.
Expos - One of the biggest moves they made was to attend various themed expos, such as BodyPower. They took all their money in their bank accounts and booked themselves a spot. They said that it totally paid off as they could introduce their new ideas to lots of people.
Endorsement - They have big names vouching for them or appearing in youtube clips, backing their products. This has helped them a lot with product confidence. And now they are sought for.
Strong feedback shaping products - They always talk about what they are making next, getting the feedback from the market and defining it along the way. They never release a final product out of nowhere.
Next steps - Actual steps actually, as they plan to expand into the footwear scene, a very bold and big investment.

Bio / wiki sources: Wikipedia, accounts on social media, content from our users.

What users say about Gymshark

expat mortgages: Looks like they are doing well (May 17, 2017) Reply »
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Quotes

"It all began in a paint-stained back room at home, with a screen-printer bought with our combined savings. We are now talking thousands of square feet of office space and warehousing - quite a change."

"Despite the success we have had I believe we still have a long way to go. I'm very excited about the future."

"We adopted Youtube back in the day when anyone even considered that there was a chance of being as big as it is.

"We wanted to make a T shirt that not only it makes you look good but it feels good and that was the next step to achieve."

"We would describes ourselves not as entrepreneurs, but rather ambitious. That's about it."

"We never took money out from the business for a very long time. We invested everything in because we wanted to grow fast."

"We don't want to be like a normal business and close the doors so that nobody can see what happens here. We want everybody to be involved in it."