Ben Francis, Founder of Gymshark
In just under a decade, Ben Francis has gone from delivering pizzas to founding Gymshark. A “sportswear disrupter,” Gymshark has over 7 million customers in 167 countries and 555 UK employees.
The idea for Gymshark came from Ben’s love of exercise. Although he enjoyed going to the gym, he wasn’t keen on the workout clothes available. When he was 19, he convinced his grandmother to teach him to sew, and before long, he had set up a sewing machine in his parents’ garage to start making workout gear.
Ben’s decision to step down as CEO in 2017 to become Chief Brand Officer followed the path of many entrepreneurs who made the necessary strategic decisions to support business growth. His focus on social media and “influencer marketing” has helped build Gymshark into a brand with an international following. Today the company has 16.2 million followers across 14 platforms, and the company has expanded into the United States and Hong Kong. In August 2020, Gymshark became only the second British company to reach a £1b valuation without prior support from outside investors.
*Information correct as of June 2021.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
EY | Assurance | Consulting | Strategy and Transactions | Tax
EY is a global leader in assurance, consulting, strategy and transactions, and tax services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
© 2020 EYGM Limited. All Rights Reserved.
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. remember settings), Performance cookies to measure the website's performance and improve your experience, Marketing/Targeting cookies which are set by third parties with whom we execute marketing campaigns and allow us to provide you with content relevant to you.
We have detected that you have enabled the Do Not Track setting in your browser; as a result, Marketing/Targeting cookies are automatically disabled.
I decline optional cookies