Fabletics, the athleisure apparel company co-founded by actor Kate Hudson, has plans to open as many as 100 stores over the next three to five years, Forbes reports.
The retailer will open its seventh store in the Minneapolis-based Mall of America. This past summer, the company opened five stores in five malls operated by General Growth Properties and a sixth in Westfield’s new Village in Topanga mall in California.
Fabletics, owned by parent company JustFab, does well when its stores are close to athleisure retailers like Lululemon and Gap-owned Athleta, which offer similar apparel at higher price points, cofounder and co-CEO Adam Goldenberg told Forbes.
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