Who Owns Fabletics?
Updated onExplore the ownership hierarchy of Fabletics. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Fabletics
Fabletics is a digitally-native activewear brand and retailer that sells women's and men's sportswear and accessories through e-commerce, physical stores, and a paid VIP membership program.
Starts at $59.95 / VIP membership / month
TechStyle Fashion Group
TechStyle Fashion Group is a privately held, El Segundo–based global membership fashion e-commerce company and operations platform behind brands such as Fabletics, JustFab, ShoeDazzle, FabKids, Savage X Fenty and Yitty, using data and technology to deliver personalized, direct‑to‑consumer fashion at scale.
Fabletics
Fabletics is a digitally-native activewear brand and retailer that sells women's and men's sportswear and accessories through e-commerce, physical stores, and a paid VIP membership program.
Starts at $59.95 / VIP membership / month
TechStyle Fashion Group
TechStyle Fashion Group is a privately held, El Segundo–based global membership fashion e-commerce company and operations platform behind brands such as Fabletics, JustFab, ShoeDazzle, FabKids, Savage X Fenty and Yitty, using data and technology to deliver personalized, direct‑to‑consumer fashion at scale.
Major Shareholders
Fabletics
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
TechStyle Fashion Group Private holding company and parent of Fabletics. Fabletics is operated as part of TechStyle’s portfolio of membership-based fashion brands, and public sources describe TechStyle as the owner and controlling shareholder of Fabletics. TechStyle itself is co‑founded and led by Adam Goldenberg and Don Ressler and is backed by venture investors such as Matrix Partners, TCV, Rho Capital Partners, Passport Capital and others. Exact percentage ownership of Fabletics is not publicly disclosed, but TechStyle is widely regarded as the majority owner with operational control. | Corporate | — | Jan 2025 |
Kate Hudson Actress and entrepreneur who co‑founded Fabletics and served for many years as the principal face of the brand. Multiple business and entertainment media reports, drawing on earlier Forbes and CNBC coverage, state that Hudson holds about a 20% equity stake in Fabletics dating back to an ownership grant around 2015. The company has remained private, so any dilution from later funding rounds is not publicly quantified; the 20% figure should be treated as approximate. | Individual | 20.0% | Mar 2024 |
Polaris Partners US‑based venture capital firm identified in private‑markets databases (e.g., Crunchbase) as an investor in Fabletics’ Series D funding round announced in December 2020. This investment gives Polaris Partners a minority equity stake in Fabletics; exact ownership and voting percentages are not publicly disclosed. | Institutional | — | Dec 2020 |
Sweetwater Capital Partners Growth‑equity / private‑equity investor listed as a participant in Fabletics’ December 2020 Series D financing. Holds a minority position in Fabletics; specific percentage ownership has not been made public. | Institutional | — | Dec 2020 |
Marcy Venture Partners Consumer‑focused venture firm co‑founded by Shawn “Jay‑Z” Carter, Jay Brown and Larry Marcus. Private‑market funding records show Marcy Venture Partners as an investor in Fabletics’ Series D round in December 2020, implying a minority equity stake in the company. Exact ownership share is not disclosed. | Institutional | — | Dec 2020 |
TechStyle Fashion Group
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Intelligent Beauty, Inc. Consumer-brand incubator that created and initially owned JustFab (now TechStyle); Just Fabulous, Inc. has been described as a subsidiary/portfolio company of Intelligent Beauty, and Intelligent Beauty participated in multiple early funding rounds, implying a significant continuing equity stake. | Corporate | — | — |
Don Ressler Co‑founder and long‑time co‑CEO of JustFab/TechStyle; as a founder of both Intelligent Beauty and TechStyle he is widely understood to hold a substantial personal equity stake, though no percentages are disclosed publicly. | Founder | — | — |
Adam Goldenberg Co‑founder and current CEO/co‑CEO of TechStyle Fashion Group; like Don Ressler, he co‑founded Intelligent Beauty and TechStyle, and is generally regarded as a major individual shareholder, but exact ownership figures are not public. | Founder | — | — |
Matrix Partners U.S. venture capital firm that first invested in TechStyle (then JustFab) in the Series A round and continued to participate in the Series B and multiple Series C/D rounds, often as a lead or co‑lead investor—indicating a large preferred‑equity position. | Institutional | — | — |
Technology Crossover Ventures (TCV) Growth‑equity investor that joined in TechStyle’s Series A and remained a significant participant through subsequent Series B and Series C/D financings, making it one of the company’s largest institutional shareholders. | Institutional | — | — |
Rho Capital Partners (Rho Ventures) Led or co‑led JustFab/TechStyle’s large Series B round and invested again in later Series C financing, giving it a major stake in the company’s preferred equity. | Institutional | — | — |
Shining Capital Hong Kong–based venture firm that invested in TechStyle’s later‑stage rounds (including Series C and D) and is cited as a key backer of the company, suggesting a meaningful minority ownership position. | Institutional | — | — |
Passport Capital San‑Francisco hedge fund/VC that led the roughly $85M 2014 round valuing JustFab/TechStyle at about $1B, making Passport one of the largest late‑stage institutional shareholders. | Institutional | — | — |
SevenVentures (ProSiebenSat.1 Media SE corporate VC) Media‑for‑equity investment arm of ProSiebenSat.1; invested in TechStyle in a 2015 strategic round that traded German TV advertising inventory for equity, giving SevenVentures a notable but undisclosed minority stake. | Institutional | — | — |
Trinity Capital Corp / Trinity Capital Investment Specialty lending and venture‑debt investor listed among the investors in TechStyle’s Series D round, implying a preferred or structured‑equity position alongside other major VCs; exact ownership size is not publicly reported. | Institutional | — | — |
KEC Ventures Early‑stage venture fund identified as an investor in TechStyle’s mid‑stage financings and in multiple third‑party investor databases, indicating a non‑trivial but minority shareholding. | Institutional | — | — |
Manhattan West Asset Management (via MWAM VC Techstyle LLC) Los Angeles–based investment manager; Crunchbase lists Manhattan West as one of TechStyle’s most recent investors, and a dedicated vehicle, MWAM VC TECHSTYLE LLC, is registered in California specifically to hold a TechStyle stake, implying a concentrated minority position. | Institutional | — | — |
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