GTS Sports Rebounds: A Look into the Brand’s Restructuring Plan
GTS Sports is a company founded by Peter Gerhofer and Anna Malmqvist, who combine their expertise in sports and Scandinavian design to create high-quality, performance-oriented sportswear. The brand has become an established outdoor brand known for its quality, functionality, and design, with a team of designers and product managers working together to develop products that cater to athletes worldwide.
Recently, GTS Sports faced financial difficulties due to factors such as the pandemic’s increase in sales, higher running costs, and decreased consumer demand during the war in Ukraine. Despite these challenges, the company continues to work on its upcoming collections and hopes to improve its financial situation through a restructuring plan.
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