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



Reader Comments ...


Next Up in Business

How Amazon’s explosive U.S. growth is producing thousands of jobs in Ohio
How Amazon’s explosive U.S. growth is producing thousands of jobs in Ohio

Amazon is growing at breakneck speed across the nation and in Ohio, where it has created 6,000 jobs in the past seven years and has commitments to add 5,500 more employees. Last week, the online giant said it would open a package-sorting “air gateway” at Wilmington Air Park, an airport 40 minutes southeast of Dayton that was decimated in...
Recalls: Dangerous baby carriers and poisonous tables 
Recalls: Dangerous baby carriers and poisonous tables 

Parents and those cleaning up from this week’s ice storm should check to see if they have this week’s recalled products. Jobs news: Amazon hiring in Butler Co.  Active Series baby carriers by LILLEbaby are being recalled because a clip can detach and cause your child to fall, according to the Consumer Product Safety Commission. There...
Beware of shady door-to-door energy sales tactics
Beware of shady door-to-door energy sales tactics

It’s the time of year for door-to-door pitches to get you to switch your energy provider, but consumers need to be wary of shady sales tactics. Norm Krebs of Dayton said he was pressured into an energy contract with a new supplier. Instead of saving money, as he was promised — his bill skyrocketed.  He listened to a pitch from a salesperson...
Dayton Children’s gets approval from accreditation agency
Dayton Children’s gets approval from accreditation agency

Dayton Children’s Hospital is fully accredited by a leading industry rating agency after a preliminary denial earlier this year. The Joint Commission, a nonprofit that accredits hospitals and other health care businesses, had updated the hospital’s accreditation status following a survey at the hospital on Oct. 30. CEO Deborah Feldman had...
Amazon reportedly chooses second headquarters: What it means for Ohio
Amazon reportedly chooses second headquarters: What it means for Ohio

Amazon will reportedly split its second headquarters between New York and Virginia, the Associated Press reported this morning. Instead of one location, Amazon is expected to announce early Tuesday it will build two offices — one in New York and one in Northern Virginia near Washington D.C., the AP reported. The search for a second headquarters...
More Stories