Gymshark hits £1bn valuation after securing major investor

// Gymshark secures investment from General Atlantic, valuing it at over £1bn
// Deal will see General Atlantic will take a minority stake of 21%
// Gymshark founder Ben Francis also increasing his stake to over 70%Gymshark has joined a list of fewer than 25 British firms achieving Unicorn status since 2001, after a major fundraise brought the online retailer’s valuation to over £1 billion.
Gymshark announced it would enter a strategic partnership with global growth equity firm