Solihull sportswear firm Gymshark has announced a restructure which would put 121 jobs at risk. A statement released by the company said the move was driven by its international expansion, growth plans and the need to create “commercial accountability”.

Gymshark said it was considering placing 121 roles at risk of redundancy across the business. Chief executive Ben Francis (pictured above) said: “This was an incredibly difficult decision to come to and we know that this will be upsetting for our people."

While these proposals are still subject to consultation, we wanted to share information on our grants and how they can help parents and carers facing redundancy. 

How our redundancy grants can help

To apply for an FTCT grant, you must be the parent or carer for a child aged up to 18 years and work OR have recently worked in the UK fashion and textile industry, for at least one year within the last nine years. This includes sportswear companies like Gymshark.

Find out more about our trade criteria

What we fund

Our grants fund items which are essential for children's health and wellbeing. These might be items you were planning to buy, but now can't due to lost income including:

  • Essential clothing, e.g. seasonal clothing and school uniform and PE kit
  • Baby essentials, e.g. clothing or equipment
  • Children's bedroom furniture, e.g. beds, bedding, clothes storage furniture (chest of drawers)
  • Essential White Goods, e.g. replacing a broken appliance such as fridge/freezer, washing machine, cooker/oven.
  • Specialist items for children with additional needs, e.g. sensory toys, adaptive clothing or SEN adapted computers

All items will be considered at the discretion of the grants team.

What we can't fund

We're sorry but we can't fund household bills, food costs or replace lost income.

If you're struggling to cover the cost of household bills or food, find out what support is available to help with debt and bill costs . There are also lots of other charities who help people through financial difficulty

By funding the other essential items your children need, we hope to free up money during this difficult time and give you one less thing to worry about.

If you need help with household bills, once you have made your enquiry we will signpost you to other charities who may be able to help with these.  

Make an enquiry

If you would like to apply for funding for any of the items listed above, the first step is to complete our online enquiry form. Click on the button below, to proceed to the next page. 

Make an enquiry  

When we found out the company was closing, it was like someone had taken a sledgehammer to my life. My son needed equipment for his college course and with no savings, I had no idea how I would afford it. Claire, Mum of Sam. Read Claire's story


More redundancy advice

Check your income entitlements

Reduce your costs

Get support