Fabletics was established in the year 2013 by three founders. The founders of the company are Kate Hudson, Don Ressler, and Adam Goldenberg. Fabletics has grown to become a key player in the women’s accessories and sportswear industries. The company offers a line of products known as the athleisure brand. Early in 2015, Fabletics released a new line of clothing known as FL2. It was a line of men’s activewear clothing. The clothing line was advertised and advanced by Kate Hudson’s brother, Oliver Hudson.
Fabletics went on to open another brick and mortar stores in the year 2015. The company opened physical stores to meet the demand of customers that prefer offline shopping. The company has since opened sixteen stores in different parts of the United States. It plans to open additional stores in the next five years. Apart from opening new stores, Fabletics has been expanding its clothing nice. The firm recently announced that it would include swimsuits and dresses to the line of activewear. All of the clothing made by the company are affordable because of the membership business strategy.
As a leading designer in the activewear and sportswear industry, Fabletics has offered customers a chance to exercise in fashion. The company has made it possible for customers to access items at highly discounted prices. Fabletics takes in information about client lifestyle and fashion tastes. The company then develops products that meet customer expectation. Kate Hudson has led the product to innovative developments and success. Despite the pressure and scrutiny she faces in the public eye, she maintained a commitment level to her brand. Fabletics has achieved incredible success in the past three years of operation.
Kate Hudson believes in her product. She also believes in diversity and inclusion of products. Fabletics has grown to pay attention to the changing technology. The company entered the sportswear niche when no other company was producing activewear clothing. Fabletics has achieved significant success because it is the leading retailer in its niche. Fabletics clothing is made in all sizes and for everyone. That is why the product has earned the name an all-inclusive design. Anyone that visits the site is guaranteed to find a clothing item that fits them. One can also have a customized clothing upon request.
Fabletics has risen to huge steps of success because it focuses on a reverse showrooming business strategy. Kate Hudson’s membership and subscription model enabled the firm to build the business plan. The growing activewear movement in the strategy is usually associated with offering affordable products. Fabletics has created a line of clothing that is inspirational. Customers today buy from products that seek to inspire, motivate or improve their lives. The powerful combination has pushed successful to become the successful company it is today.
In the previous years, a brand needed to focus on quality and price to succeed. However, with the changing technology, success is more of value given to customers. The value comes in the form of brand recognition, customer expectation, and customer satisfaction. Fabletics has focused on this business strategy and succeed in the e-commerce market.