Fabletics is a brand that has been doing exceptionally good from the time it started its operation in 2013. The company is a leader in the “athleisure” segment, and already enjoys the patronage of millions of women from across the world. Fabletics is known to give even tough competition to fashion retail giants like Amazon, which dominates the market with over 20 percent share.
Even though the fashion retail business online is highly competitive and more or less saturated, Fabletics managed to come through and establish itself as a sustainable brand because it focused on creating an aspirational brand that offers value for money to the customers. The company at present has over 1,400 staff members, out of which 1,000 are dedicated to the customer support.
Fabletics offers the customers to become its VIP member at a nominal price. Once the customers become the VIP members, they receive an email each month that contains the personalized collection of athleisure products and items specially chosen for the client. It makes the shopping experience customized like never before and helps the customers to save time and money on shopping. Fabletics leaves no stone unturned in providing only the high-quality products to the customers, and the internet is filled with the rave reviews about the brand’s variety of products and its reasonable price.
Fabletics has also chosen to go through the reverse showroom technique that aims at building a positive brand identity in the market and crafting space for itself in the fashion market, before going ahead with opening physical stores across the country. And, it is precisely what Kate Hudson’s Fabletics did. Kate Hudson is one of the co-owners of Fabletics that helped give Fabletics that much needed momentum it needed to grow at a rapid pace.
Fabletics has opened 18 stores at the key locations in the country as of now, and plans to open around an hundred more in the next couple of years. The primary aim behind opening the stores is not just sale, but to also brand awareness and creating an anxiety around the brand. It helps with penetrating the market further and achieve higher turnover.
As per the report, over 35 percent of the people who visited Fabletics store ended up signing for the VIP membership, and it is what the company aimed at achieving. If you want to peep into the dynamics of the kind of experience you can expect with Fabletics, take the Lifestyle Quiz at Fabletics today to know more.
Anthony “Tony” Petrello has an extensive background under his belt sporting a resume that spans nearly 40 years. His educational background is also very noteworthy having attained multiple degrees from exceptional schools. However, behind his successful work experience also lies a heartbreaking obstacle.
Petrello holds a Juris Doctor degree from Harvard Law School as well as B.S. and M.S. degrees in Mathematics from Yale University. Early in his career, he served with the law firm Baker & McKenzie from 1979 to 1991 where he worked as the Managing Partner of its New York Office. Petrello is now the Chief Executive Officer of Nabors Industries Ltd. since October 28, 2011.
As of the 2015 fiscal year, Petrello has been reported to have made $27,512,939 in total compensation. $1,580,077 of it was received as salary, $7,727,000 was received as bonus, $16,863,656 was awarded as stock, and $1,342,206 from other sources of compensation.
Tony and his wife, Cynthia Petrello, have been working with Texas Children’s Hospital to help with the condition that their daughter Carena has. Their daughter was born early and was diagnosed with periventricular leukomalacia (PVL), a common neurological disease caused by a lack of oxygen or blood flow towards the brain in premature infants. Consequently, Carena developed cerebral palsy and other developmental delay issues.
The Petrellos have donation $5 million to lead fundraising efforts in order to help bolster research that would help with research regarding PVL. Research institutions across the country including Harvard, Johns Hopkins, UCLA, and other research institutions across the country were considered by Tony Petrello yet in the end, he found the opportunity to work with Texas Children’s Hospital.
InnovaCare Health redefines healthcare by offering the best quality physician practice services as well as Medicare and Medicaid Advantage plans. The company is dedicated to delivering quality healthcare through designing and implementing cost-effective and sustainable models, which are integrated with current technologies.
The company’s Medicare Advantage plans include PMC Medicare Choice and MMM Healthcare which operate in Puerto Rico. Its membership base serves approximately 200,000 individuals. InnovaCare Health maintains its strong values among which include innovative medical practices, quality medical care, and a good patient-provider relationship.
Before rejoining InnovaCare Health, Inc., in 2015, Penelope Kokkinides served as the Chief Operating Officer (COO) of Aveta Inc. and InnovaCare Inc. Kokkinides currently serves as InnovaCare’s Chief Administrative Officer. She has specialized in managed care as well as Medicare and Medicaid government programs. Kokkinides possesses extensive knowledge in managing healthcare processes and designing clinical programs aimed at creating efficiency and improving organizational infrastructure. Read more about her interview on Ideamensch
Penelope Kokkinides also worked for Centerlight HealthCare as the COO and Executive Vice President; her responsibilities included strategic direction and overall management of the managed care unit. At AmeriChoice, she served as the Vice President for Disease and Care Management. She was involved in both the development and implementation of the firm’s health model. She also worked at Touchstone Health as COO.
Kokkinides studied at Binghamton University where she got her bachelor’s degree in classical languages and biological sciences. She then proceeded to acquire her M.B.A. in social work from the University of New York where she also did a postmaster’s degree in alcohol and substance abuse. Kokkinides later attended Columbia University where she acquired her master’s in Public Health. Visit Bloomberg.com for more info on Penelope Kokkinides.
Dr. Richard Shinto
Dr. Richard Shinto currently serves as the President and CEO of InnovaCare, Inc. Mr. Shinto previously served as CEO and President of Aveta Inc. He has worked in the managed care sector for two decades, particularly in clinical and operational healthcare. Dr. Shinto started his career as an intern and pulmonologist in Southern California. He later worked for MedPartners’ Medical Management as the Vice President. After his tenure at MedPartners, he joined Cal Optima Health Plan as the Chief Medical Officer (CMO).
Dr. Shinto has worked for NAMM as the Chief Medical Officer and at Medical Pathways Management as both COO and CMO. Moreover, he has authored several articles on clinical medicine and healthcare. He acquired his bachelor’s from California University and his medical degree later at New York University. Dr. Shinto proceeded for further studies at Redlands University where he got his M.B.A.