Gymshark: How going public could help take on ‘monster rivals’ Nike and Adidas Retail Gymshark, the activewear brand co-founded by billionaire Ben Francis, could be pushed towards becoming a public company in its bid to “achieve the kind of global domination enjoyed by monster rivals Nike and Adidas”. According to Danni Hewson, head of financial analysis at AJ Bell, the Solihull-headquartered business would need to “amp up its presence” [...]
Another London-listed firm goes private as deals bonanza accelerates Investing Another London Stock Exchange-listed firm waved through a take-private deal today in the latest of a torrent of exits from the City’s bourse this year. Learning Technologies, an AIM listed edtech company, agreed to an £836m takeover from US private equity behemoth General Atlantic, making it one of 45 listed companies to sell-up or enter [...]
Gymshark: Profits continue to fall despite surge in sales Retail Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed.