Kate Hudson is well on her way to starting her own IPO with Fabletics. This has become something that she is interested in doing because it is clear that the company is growing at a tremendous rate. Many people will say that Fabletics is a clothing company that has risen Like a Phoenix. It has become the type of company that people look forward to when it comes to uniqueness in athletic clothing.
Many investors have been impressed with what Kate has been able to do so far, and the subscription services for this company are very impressive. More than a million people have signed up for the subscription services, and this is guaranteed revenue for Fabletics. What this essentially translates into is a much better chance of guaranteed sales. There are a lot of customers that shop the website on a regular basis, but the sale isn’t always guaranteed. There is no way to know if random customers are going to make a purchase. What does subscription service essentially states is that customers are billed on a monthly basis so the revenue for these customers can be analyzed up front.
People are definitely fascinated with what Kate Hudson is doing with active wear, and the fact that she wants an IPO is what is making her work even harder. She appears to have a great amount of interest in competing on a bigger level, and she knows that physical stores are going to be her key to more progress. As she expands her brand she realizes that people need to see a greater visibility from Fabletics outside of her internet world. It is true that this site has done exceptionally well online, but there is always room for improvement when it comes to increasing your customer base. Kate Hudson is keenly aware of this, and she is doing what it takes to put herself in a better situation.
Customers that are seeing her in action are going to be interested in her next move. Right now she plans to open as many as 100 stores in the next five years. This is a monumental task to take on, but this is going to reach so many new customers that may have never even known that the brand existed. Ultimately this is what Kate Hudson needs. She needed a brand awareness campaign that would make more people notice Fabletics.
Win a surprise for your squad! Post pictures of you and your squad using #FableticsSquad & #Contest in the caption for a chance to win the ultimate squad surprise ?????????? US only. 1 winner and up to 4 friends will be chosen and notified via DM every Tuesday. See official rules ?? http://bit.ly/FableticsSquad