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Gymshark Ltd [1] is a British-based multinational athletic apparel retailer headquartered in Solihull, West Midlands, England. [6] Founded in June 2012 by Ben Francis and Lewis Morgan, the company was initially focused on crafting and distributing its own line of fitness wear. Gymshark reached a valuation of over £1 billion in 2020. [7]
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He is the co-founder, CEO and majority owner of Gymshark, a fitness apparel and accessories company founded in 2012. [1] With a stake of over 70% in Gymshark which is currently valued by investors at $1.45 billion, Francis had a net worth of $1.3 billion as of April 2023. [2]
Footwear such as Crocs and flip-flops came under scrutiny in 2006 in the U.S. and 2008 in Japan when children suffered injuries after the shoes became caught in escalator mechanisms. [57] [58] This was due to the soft shoe material combined with the smaller size of children's feet. [59]
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