Gymshark founder Ben Francis aims to buy back stake amid competition
Gymshark founder Ben Francis is in talks to buy back part of a 21% stake sold in 2020 to General Atlantic. This deal created a £1.25 billion sportswear brand, and Francis aims to increase his control as Gymshark faces intensified competition and consumer caution. Revenue rose 6.5% to £647 million, though profits fell significantly.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 03 Jul 2026, 07:34 UTC · Updated 03 Jul 2026, 08:00 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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