US continues to be Gymshark’s biggest market outside the UK and it’s not going to change anytime soon!
The global sales of the British sportswear brand from the US alone are on track to touch £ 250 million, even as its global revenue is expected to reach £ 500 million.
If that happens, then the US will account for half of the brand’s global sales this year.
Substantiating further, Ben Francis, Founder and CEO, Gymshark, said that the brand presently holds 0.6 per cent of the US market from a fitness perspective.
He added “There’s obviously massive, massive room for growth.”
Notably, Gymshark continues to ramp up its North American business and demand remains strong across US cities that include the likes of New York, Los Angeles, Chicago and Miami.
Gymshark is a British fitness apparel and accessories brand that was founded in 2012 by Ben Francis.
