Gymshark has aggressive growth targets, according to general manager of North America Henry Spear.
Amazon and Target have already increased their wages to that figure.
The sportswear brand’s $9 million civil settlement with the SEC highlights some of the reporting disclosure practices that regulators are watching.
The news comes just a day after the retailer agreed to pay $9 million to settle an SEC dispute.
The decision comes as a result of a new hybrid work model instituted as a result of the pandemic.
But will consumers continue to prioritize active fashion after the need to quarantine has passed?
The technology was first used in Steph Curry’s Curry Flow 8 basketball shoe.
The sports brand will work to further enhance direct-to-consumer sales and decrease its emphasis on wholesale.