Kate Hudson is an American actress born in 1979. Her prominence dates back to 2000 when she played Penny Lane and won a Golden Globe in Almost Famous. She was later nominated for Best Supporting Actress in the Academy Awards. Besides, Hudson played other films including Raising Helen, How to Lose a Guy in 10 Days, Me and Dupree, Bride Wars, Wish I Was Here, and Deepwater Horizon among others.
Amazon controls up to 20% of the e-market in fashion stores. Kate Hudson has committed herself to grow her activewear business worth $250 million in three years. Fabletics sells clothing to its customers through a subscription mechanic. The company also offers aspirational brands that captivate customers about their simplicity and fashion. Most important, Fabletics provides its customers with impressive shopping experience and convenience.
With economical dynamics, high-value brands are no longer competitive for their price and quality. Other factors such as brand recognition, gamification, exclusive design, last mile service, and customer experience have become the standard of a modern customer. As a result, Fabletics has now resolved to improve its market presence and brand recognition by opening up more physical stores.
Fabletics now runs on its 16 stores in Illinois, Hawaii, California, and Florida. Opening more stores will enable the brand to build a sustainable portfolio in its activewear products.
Gregg Throgmartin serves as the general manager at Fabletics. He is competent and optimistic that Fabletics will take over the market with modern high-value brands through the membership model. The model is beneficial in offering personalized services to clients at reasonable prices. Gregg further notes that it is easier to serve clients by maintaining a long-lasting relationship with them.
Fabletics now advocates for reverse showrooming. The company’s top competitor still use the concept of showrooming which allows clients to browse products offline and get them elsewhere at a lower price. The company’s unique approach eventually enabled them to carry out reverse showrooming in their operations. This criterion has turned browsing into a positive aspect of the company’s operations. Reverse showrooming has enabled Fabletics to build customer trust and reliability. The company often take part in events, and this has enabled them to gain even more members who are now potential customers.
Kate Hudson is a co-founder at an athleisure brand at Fabletics which was first established in 2013. The success of the brand came from its impressive high-quality casual clothing. Kate is resilient about the success of her brand and continues to come up with innovative strategies to tap into the growing activewear sector.