Gym+Coffee slips to 2021 loss as business spends on expansion

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Athleisure brand plans further growth in 2023

Mr Horgan said that the business was ‘healthily profitable on the operating basis’ last year and the loss emerged from one-off expansion and fundraising costs.

The business currently employs 170 and with the new store opening at Dundrum and other roles to be filled “we will be pushing towards 200,” he added. The opening of a new outlet in Dundrum, where the firm has had a store since 2018, “will be a great moment for us,” he added.

 

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Pláin clothes, with a stupid logo The youngsters fall for any kind of crap

It won't last.

Still a very good business going forward. They have to innovate and develop and that costs money.

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