Women’s retailer aims to wrap up $2.5B in revenue by 2025

FORT MYERS — Going into the third year of a comprehensive turnaround strategy, executives at women’s retailer Chico’s FAS say the firm is poised to post some significant growth reports.

The list includes hitting at least $2.5 billion in revenue by 2025 — which would be up 38.8% from the $1.8 billion figure it posted in its most recent fiscal year.

"We have aggressively pursued our turnaround strategy which began in 2019,” Chico's FAS President and CEO Molly Langenstein said in March 25 press release, issued for the Fort Myers-based company’s Virtual Investor Day. “Today, we are well ahead of our plan and positioned to build on our momentum and further accelerate our growth. We have three powerful brands — Chico's, White House Black Market and Soma — each growing faster than the market average and with tremendous future market share opportunities.”