The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Report: Sportswear Brand Fabletics Preps for IPO

Fabletics sportswear collection. Getty Images.

Darcey Sergison

15 July 2021

The Kate Hudson-backed company has tapped banks with an eye to going public, The Wall Street Journal reports. The company, which is owned by TechStyle Fashion Group, is targeting a valuation of more than $5 billion, according to the report, which cites people familiar with the matter.

The company declined to comment.

Further Reading: How to Win the Pandemic’s Activewear Boom

Workout clothes have been a bright spot in the struggling apparel sector this year, but independent brands need to play smart to turn the current bump into long-term success.

In This Article

Topics

Retail

Organisations

Fabletics

Location

United States

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