During the year ended 31 July, 2023, the fitness apparel and accessories company known as Gymshark generated a turnover of over 400 million British pounds. Since 2017, the UK-based company's annual revenue and gross profit have advanced considerably.
Popular sportswear brands in the UK
In 2023, some of the most popular sports clothing brands in the United Kingdom were big names, such as Nike and adidas. That year, some 60 percent of sports & outdoor online shoppers said they liked Nike as a brand.
UK sporting goods trade
In 2022, nearly 499 million British pounds' worth of sporting goods were exported from the United Kingdom to other countries around the globe. Most of the goods were sent to countries in the European Union, while some 146 million British pounds’ worth of goods went to destinations outside of the EU. With an import value of nearly one and a half billion British pounds, the UK imports far more sporting goods than it exports.
Annual revenue of Gymshark LTD from the financial year of 2017 to 2023
(in 1,000 GBP)
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Gymshark. (February 20, 2024). Annual revenue of Gymshark LTD from the financial year of 2017 to 2023 (in 1,000 GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1174048/turnover-of-gymshark-ltd/
Gymshark. "Annual revenue of Gymshark LTD from the financial year of 2017 to 2023 (in 1,000 GBP)." Chart. February 20, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1174048/turnover-of-gymshark-ltd/
Gymshark. (2024). Annual revenue of Gymshark LTD from the financial year of 2017 to 2023 (in 1,000 GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1174048/turnover-of-gymshark-ltd/
Gymshark. "Annual Revenue of Gymshark Ltd from The Financial Year of 2017 to 2023 (in 1,000 Gbp)." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/1174048/turnover-of-gymshark-ltd/
Gymshark, Annual revenue of Gymshark LTD from the financial year of 2017 to 2023 (in 1,000 GBP) Statista, https://www.statista.com/statistics/1174048/turnover-of-gymshark-ltd/ (last visited November 21, 2024)
Annual revenue of Gymshark LTD from the financial year of 2017 to 2023 (in 1,000 GBP) [Graph], Gymshark, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/1174048/turnover-of-gymshark-ltd/