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Article Date: July 2018
Word Count: 288

Fabletics Plans to Open 75 Stores, Says LULU Better Look Out

The athletic brand, founded by actress Kate Hudson in 2013, claims that it has reached $300 million in sales already and said its current expansion plans will quadruple its retail footprint from 25 to 100 and has been posting 20% comps in its retail stores. It attributes its fast start to connections with female celebrities whose social media followings have helped it connect with some 1.4 million persons. It also has beefed up its management team with the hire of former lulunatic Karen Pornillos where she was VP women’s design for studio and Victoria’s Secret exec Nancy Arnold where she ... Log in to view full article.


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