Gymshark CFO steps down
Alongside this, the company reported a pre-tax profit of £13m for the year to 31 July 2023, down from £27.8m in the year before, while its sales rose 14% to £556.2m
Gymshark has confirmed that its chief financial officer Mathew Dunn has left the company less than two years after joining.
Dunn joined the gymwear company in December 2022 from online retailer Asos, where he was COO and CFO.
A Gymshark spokesperson told City AM: “Mat Dunn was employed as chief financial officer from December 2022 to November 2024. During that time, Mat was instrumental in evolving our finance and commercial functions, and we thank him for all he contributed.”
The departure of Dunn comes as the retailer looks to continue its store expansion drive.
The sportswear specialist is set to open three new permanent stores and a retail outlet pop-up in 2025.
Alongside this, the company reported a pre-tax profit of £13m for the year to 31 July 2023, down from £27.8m in the year before, while its sales rose 14% to £556.2m.
