What You Need to Know
Fabletics announced plans to triple its international retail footprint and open approximately 20 new international stores over the next 12 months. The expansion targets high-growth markets including India, the UAE, Colombia, Peru and countries across Central America. The announcement comes after a milestone year in which Fabletics surpassed $1 billion in net revenue, and it follows three consecutive years of double-digit same-store sales growth at its US locations. The brand currently operates more than 135 stores globally and plans to add 25 more US stores over the same period.
CEO Adam Goldenberg said retail has become an increasingly important growth driver for the business and that the US model is proving scalable globally. President Meera Bhatia said the company is entering the right markets, working with local expertise and adapting its approach to each region while keeping the brand consistent. Fabletics’ longer-term goal is to double revenue and quadruple EBITDA over the next five years, with the international store expansion running alongside its growing e-commerce and wholesale businesses worldwide.
