TechStyle Fashion Group, owner of the Fabletics sportswear line that features celebrity actress Kate Hudson, is exploring a sale that could value it at more than $1.5 billion, including debt, according to sources.
Growing competition in the athleisure market has squeezed Lucy Activewear out of business. Stores will begin closing this fall, with the VF Corp.-owned label to be folded into The North Face operations.
The 200-year-old UK heritage soccer brand is making its US debut at Project in Las Vegas this week with a big booth, a wide-ranging collection and a keen interest in the rising popularity of soccer stateside.
Kate Hudson has big plans for her fashion fitness brand Fabletics in 2017. The activewear label is opening 12 new boutiques across the US over the coming year, bringing its total number of stores to 30.