Fabletics plans to triple its international footprint

Insight summary

• •Fabletics plans to triple its international presence and open up to 20 new stores globally within the next year.
• •Expansion targets new markets including India, UAE, Colombia, Peru, and Central America.
• •The company will also open 25 new stores in the U.S. within the next 12 months.
• •Fabletics reported three consecutive years of double-digit same-store sales growth and has over 135 stores worldwide.
• •The brand surpassed $1 billion in net revenue and aims to double revenue and quadruple EBITDA in five years.
• •The expansion complements its growing international e-commerce and wholesale businesses.
• •Fabletics is diversifying product lines with new offerings like denim, medical scrubs, and casualwear beyond athleticwear.