Gymshark, the UK-based activewear brand, reported a 54 percent increase in revenue in its fiscal year ending July 31, 2021, according to accounts filed to the UK’s Companies House.
Boosted by growing international sales, net revenue rose to £401.9 million ($505.6 million) from £260.7 million the previous year. Pre-tax profits grew to £45.4 million compared to £30.4 million the prior year, the filings show.
Sales in the U.S. accounted for 45 percent of the company’s total revenue.
Photo courtesy Gymshark
