Kate Hudson is someone who is known across the world for her amazing success in acting. However, she is also a very savvy businesswoman who has been able to create great business ventures when partnering up with the right business minded individuals. Recently, Kate Hudson has discovered a great need for workout wear that is not only fashionable and functional but affordable a well. With the creation of Fabletics, Kate Hudson has been able to tap into a market that is only targeting the luxury buyers. If individual’s wanted to purchase fashionable athletic wear in the past, they would have to pay a small fortune. Now with the amazing new business model that Fabletics has announced, individuals will be able to purchase the fashionable workout gear that they have always dreamed of for a reasonable price.
Racked has recently reported that a series of videos show their plans for fashion wear domination in the retail market. Fabletics is looking to open 75 to 100 new stores over the next three to five years. This will give them a stronghold in the active wear market that many of their competitors do not have. It will be very exciting to see the growth that takes place in the Fabletics brand as these stores bring customers one step closer to their active wear goals.
Since 2013, Fabletics has been bringing customers reasonably priced and fashionable active wear. Teaming up with Hudson, Just Fab CEOs Don Ressler and Adam Goldenberg launched Fabletics to bring a whole new era of active wear to the market. By January 2015, over 1 million orders had been successfully placed and shipped around the world. In June of 2015, a men’s fashion line was introduced into the Fabletics name. The future looks very bright for Fabletics as the online market remains strong and the traditional retail stores continue to keep rolling out across the country.
Learn more about Fabletics: http://www.businessinsider.com/fabletics-turnaround-story-2016-5