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Tuesday, Dec 6, 2022
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5.11 Opens 100th Store

Apparel and gear retailer reports 24% growth rate for retail units

Irvine-based 5.11 Inc. will celebrate the opening of its 100th retail store in Oxnard this weekend.

“We have made significant investments that have enabled 5.11 to seize a powerful direct-to-consumer opportunity and deliver significant revenue growth from e-commerce and company-owned retail channels,” Chief Executive Francisco Morales said in a statement.

The retailer markets its apparel and gear products towards public safety professionals, military personnel and “outdoor enthusiasts” with distribution in 120 countries.

“Over the last five years, we have put over $70 million of growth capital to work in retail stores, an omnichannel-capable ERP system, and a LEED-certified distribution facility,” said Elias Sabo, CEO of Compass Diversified, parent of 5.11.

Sabo also noted the firm has helped the Irvine company grow revenue 9% since 2018, “while accelerating its retail strategy by growing store units at a 24% [annual growth rate].”

5.11 will be moving into its new Costa Mesa headquarters in October.

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