GymBeam continues brisk growth
Nutritional supplements and sportswear online store GymBeam (Dalibor Cicman) reported €77m sales in the first half of this year, compared to €88m for the whole of last year. In the second quarter, it achieved a record gross margin of 45% on sales of €34m. It expanded its warehouse capacity in Košice to 17,000 sqm. The Ukrainian (188%) and Polish markets (170%) grew fastest in the first half, while the Slovak market posted the slowest pace (35%). It concentrates most on the German, Austrian and Swiss markets, selling there via the Amazon and Otto online marketplaces. Last year, GymBeam raised €4.3m via the Crowdberry investment platform.
(trend.sk)
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