JustFab Prepares To Go Public Amid A Looming Melt-Down Of Subscription Companies

For the past few years, the hype and steam that most subscription companies were associated with have subsided. Most have even closed their shops with the industry giants such as Birchbox continuing with rounds of laying off workers. However, despite all these challenges that seem to be crippling the industry, JustFab Inc. still has its head up high. The company specializing in the provision of trendy women and children wear is continually expanding its membership with over 4 million subscribers so far.

IPO status

According to BusinessInsider, JustFab tops the list of the few survivors in the industry still making a profit. This year, the beauty company expects to pull in over $600 million in revenue even as most other industry players struggle to stay afloat. This projected growth and the recent business re-evaluation that placed the company past the coveted $1 billion worth status; all these factors favor the company’s journey towards going public.

When LA Times, http://www.latimes.com/business/la-fi-justfab-subscription-20160629-snap-story.html, contacted the company co-founder, Adam Goldenberg about the issue, he was optimistic about the company’s positive growth track. He also hinted out that with such growth, the company will at one time have to go public. This speculation was further fueled by the engagement of Todd Tappin, an executive specializing in IPO execution, as the company’s new financial Chef Financial Officer.

About JustFab

Just Fab Inc. is the ideal shop for women. The company, http://www.justfab.com/, stocks fashionable and trendy women wear for each and every occasion. Shoes, handbags, and apparel are all available; the company’s online store is just fabulous. There is also something for everyone; whether you want to add to your office or casual wardrobe or shop for new party attire, you can get it all at JustFab.

Like most other subscription companies, you have to register as a member to enjoy this wide variety for women and kids clothing. Once registered, you get to enjoy a VIP treatment and a chance to shop for unique apparel of your choice against the $39.95 monthly subscription billed to your card. The items are then shipped to your preferred address all over the United States free of charge. Members also get to enjoy a 50% discount off the recommended retail price.