Gymshark's Journey and Future Plans

Gymshark's Journey and Future Plans

Assessment

Interactive Video

Business

10th - 12th Grade

Hard

Created by

Aiden Montgomery

FREE Resource

The video discusses Gymshark's journey from a small startup to a billion-dollar brand. It highlights the company's growth, transparency, and future plans, including global expansion and investment partnerships. The founder shares personal experiences and gratitude towards supporters, emphasizing the importance of maintaining company culture and values.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial method of production for Gymshark products?

Outsourcing to other companies

Mass production in factories

Using automated machines

Hand sewing and printing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the founder's initial dream when starting Gymshark?

To become a global fashion brand

To create a tech company

To be involved in fitness

To open a chain of gyms

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for bringing on investors according to the founder?

To change the business model

To reduce the founder's control

To sell the company

To formalize the share structure

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant change in Gymshark's leadership structure?

The company was sold to a larger corporation

Paul and Steve were brought on to revolutionize the business

The founder remained as CEO

The founder took on more roles

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the revenue of Gymshark around the time the co-founder left?

500 million pounds

300 million dollars

10 to 12 million pounds

1 billion dollars

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the founder choose General Atlantic as a partner?

They offered the highest financial value

They promised rapid expansion

They had the largest market share

They aligned with Gymshark's cultural and strategic vision

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the founder's shareholding percentage after the new investment?

50%

70%

67%

21%

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