Gymshark CCO Exits The Model After 8 Years

Gymshark’s CCO, Niran Chana, has left the sportswear big after eight years to pursue “totally different ambitions”. 

In 2015, Chana first joined Gymshark London as a customer support supervisor. Then, in 2019, he was designated CCO, accountable for world gross sales, planning, advertising, merchandising, and retail. 

Furthermore, within the firm’s administration group, he held positions in digital advertising, wholesale, and overseeing buyer expertise. 

Earlier than Gymshark, Chana labored at Sports activities HQ Group for over two years.

On LinkedIn, in a publish, Gymshark stated: “We don’t normally do public goodbyes, however typically it’s the suitable factor to do”.

“Trying on the unimaginable journey we’ve been on since 2012, Niran has performed an enormous half within the development, improvement, and tradition of the Gymshark UK model you see earlier than you at present.”

The corporate added that Chana “leaves an indelible footprint, and his legacy will reside on right here as we try to turn out to be probably the most iconic British model of all time”.

Regardless of each hurdle, the Gymshark emblem, by Ben Francis and Lewis Morgan, solely grows within the sportswear business with marvelous achievement. One such instance is a current development by opening its first retailer on London’s Regent Road. 

The departure got here when Gymshark reported a 39% drop in pre-tax earnings to £27.8 million within the yr to July 31, 2022, down from £45.4 million the yr earlier than, regardless of gross sales rocketing by 21% to £484.5 million. 

Furthermore, the World’s Youngest billionaire, Francis, declared Gymshark’s long-term future is on the excessive road and in bodily shops. 

“After we step again and take a look at constructing a very long-term model, I feel it’s omnichannel. There’s an enormous alternative to step into the offline market in bodily shops.” Francis stated to Nick Ferrari on LBC.