A billion-dollar Australian clothing company most people have never heard of has plans to take over America
The Australian retail company is wildly successful and just reported its first $1 billion year in revenue.
The 25-year-old apparel company has well over 1,400 stores in 17 countries, and now it has plans to continue its rapid expansion in the United States.
The company has launched 121 US stores in the past six years, with a corporate hub based in Los Angeles. The company has six hubs around the world to help manage its business across the globe.
The apparel company ostensibly operates on a fast fashion modicum, selling trendy clothes to women, men, and children for low prices. Its subsidiaries are further reaching, as they include a lingerie, sleepwear, and swimwear store (Cotton On BODY), a shoe store (Rubi), and a stationery store (Typo). In addition to its namesake apparel store, it also has Cotton On KIDS, Factorie, and Supré under its umbrella. Currently, Cotton On, Cotton On Kids, and Typo are in the United States.