Fabletics to open 75 more stores

Apparel retailer Fabletics will open an additional 75 stores as part of its aggressive expansion plan.

The retailer, which currently has 24 stores, will grow its store fleet to about 100 stores. Owned by TechStyle Fashion Group, Fabletics will also unveil a new store concept this September in Washington. The company was launched online in 2013, and has about 1.4 million VIP members.

» UNMATCHED COVERAGE: 10 major updates at Wright-Patt that happened in June

Fabetics has seen a more than 20 percent increase in same-store sales year-over-year, and has surpassed $300 million in revenue, according to a company statement.

“Fabletics has succeeded beyond our expectations under Kate’s vision and our new team members, and I’m confident Fabletics will continue on its incredible growth trajectory,” said Adam Goldenberg, co-CEO and co-founder TechStyle Fashion Group.

Fabletics only has one store in Ohio at the Kenwood Towne Center in Cincinnati.

FIVE FAST READS

• Thunderbirds celebrate milestone year representing US Air Force

• Kroger launches fashion apparel brand

• 5 surprising ways Kroger is changing stores in 2018

• This $2 million Warren County estate is a rural paradise with a resort-style pool

• You won't believe the inside of this INCREDIBLE Oakwood house

About the Author