Headlines

Francesca’s Poised for Rapid Growth

Projected to double store count, boost sales by 80 percent

Published

11 years ago

August 29, 2013

steve kaufman

Francesca’s Holdings Corp. (Houston) has been deemed to have the retail industry’s fastest growth rate.

According to Bloomberg News, Francesca’s is projected by analysts to boost sales by 80 percent during the next three years, faster than any other apparel chain.

Bloomberg says the company is poised to report record cash flow and more than double its store count to 900 outlets.

Francesca’s, which was started in Houston in 1999, now operates 438 boutiques in 44 states plus a thriving Internet business. It was taken public in 2011 by private equity firm CCMP Capital Advisors LLC (New York).

Each store is individually designed and modeled after an upscale boutique.

Francesca’s operating margin of 26 percent is higher than 95 percent of its peers, according to data compiled by Bloomberg.

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