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Who owns gym shark clothing?

Published in Fitness Apparel Ownership 2 mins read

Who owns Gymshark clothing?

Ben Francis is the majority owner of Gymshark, the globally recognized fitness apparel and accessories brand.

Gymshark, since its inception, has grown into a significant player in the sportswear industry, largely steered by its visionary co-founder, Ben Francis.

The Genesis of Gymshark

Gymshark was founded in June 2012 by Ben Francis and Lewis Morgan. Initially, the company focused on the crafting and distribution of its own distinct line of fitness wear. What began as a small operation blossomed into a formidable enterprise, driven by a strong community focus and effective online marketing strategies.

Ownership Structure

While Lewis Morgan was a co-founder, Ben Francis holds the dominant ownership stake in the company. This majority ownership position gives him significant control over the company's strategic direction and operations. His journey from a teenager packing orders in his parents' garage to becoming the majority owner of a billion-pound enterprise is a testament to the brand's rapid growth and success.

Key Milestones and Valuation

Gymshark's rapid ascent in the market is well-documented. In 2020, the company achieved a remarkable valuation of over £1 billion, solidifying its status as a major force in the athletic wear segment. This valuation underscored the brand's immense market appeal and its strong financial health, benefiting its primary owner.

To summarize the key ownership and company facts:

Aspect Detail
Majority Owner Ben Francis
Co-founder Lewis Morgan
Founding Year June 2012
Initial Focus Crafting & distributing fitness wear
2020 Valuation Over £1 billion

The ownership structure, with Ben Francis as the majority shareholder, allows Gymshark to maintain its distinctive brand identity and agile approach in a competitive market.