TechStyle hits 5 million members for its retail empire

TechStyle Fashion Group, the company behind Kate Hudson's Fabletics; the children's brand FabKids; Rihanna's lingerie brand, Savage X Fenty; and the shoe retailer Shoedazzle, has amassed 5 million members for its discount retail program. Numbers like those should give the company a powerful position to head out to public markets, but Goldenberg says the company is taking a wait-and-see approach. "At some point we do need to think about public markets to bring liquidity to our investors and employees," he says.