After being taught to sew by his mother, Ben Francis and a group of friends set up Gymshark when he was just 19. US private equity giant General Atlantic has snapped up a 21 per cent stake.
Daily Mail Business Articles
How to survive the dividend drought: A few big names resume payouts
If you are one of the many investors who need an income, prepare for a little good news. A few big name firms have resumed paying dividends, and there are some generous yields on offer.
DIRECTOR DEALS: Unilever’s finance chief offloads £2m worth of shares
Graeme Pitkethly, 53, and his wife Linda sold a combined 47,000 shares on Monday. They sold for £2.1m overall. Pitkethly, joined Unilever in 2002, and was appointed chief financial officer in 2015.
Collapsed bookseller Bertram Books owes £25m but has just £600,000
Bertram Books was one of just two major national wholesalers supplying books to UK stores when it collapsed in June. It owes money to around 2,500 trade creditors, according to company filings.
ALEX BRUMMER: Britain fires up output but Covid has left nasty scars
The combination of a huge fiscal stimulus pushing government borrowing for 2019-20 up to £350bn and £300bn of money printing by the Bank of England has turned the tanker around.
MARKET REPORT: Fight to defeat Covid-19 boosts pharma minnow Verona
The AIM-listed group has been given permission by US authorities to test an inhaler containing its drug ensifentrine on hospitalised coronavirus patients in Alabama.
MARKET REPORT: Shares surge at Dignity after price cap plan is buried
The Competition and Markets Authority launched an investigation into funeral firms last year after a 2018 study found high prices were being charged.
National Express set to use jobs retention bonuses to cut bus fares
National Express hopes cutting fares will attract people back to using its buses, which are around half-full at the moment even though a full service is running in the West Midlands .
A West End tragedy: 50,000 jobs under threat as shoppers steer clear
Weeks after its 1,200 shops were given the green light to reopen, the number of people heading to the West End remained down by close to two-thirds in July, compared to the same period last year.
Ladbrokes owner refuses to hand back furlough millions
FTSE 100 company GVC said it used the taxpayer-funded furlough scheme to temporarily sideline 14,000 shop staff, helping it to cut costs. However it would not commit to returning the money to the Government.