Is Hylete Going Out of Business

Is Hylete Going Out of Business
Is Hylete Going Out of Business

It is always unfortunate to hear about the closure of a favorite brand or company. But do you know most of these types of news turn out to be just rumors? Sometimes spread by competitors and sometimes just a piece of wrong news. 

Today, we are going to investigate a rumor about Hylete and see if Hyelete is going out of business or not. If you are a fitness freak, you most likely know about this brand. Hylete is a fitness apparel brand that has been serving its customers by providing gym and fitness clothes for a long time.

Let’s investigate the rumors!

Overview of Hylete Inc.

Hylete Inc. is a fitness apparel brand started by a gym shorts-selling company in 2012. But now Hylete is a well-known fitness brand known for its quality of clothes. It has a variety of apparel for both men and womens.

Hylete Inc. was founded by two entrepreneurs named Ron L. Wilson and Matt Paulson. It was the subsidy of the GRACEDBYGRIT Foundation. After 13 years of the company foundation, it sadly ends and leaves its fans in sadness. 

Is Hylete Going Out of Business: The Truth

There is no official statement by Hylete Inc. to confirm whether the company is going out of business or not. The last activity done by Hylete's social media handles was in June 2023. 

According to our research, Hylete Inc. is no longer working right now and has left its customers in the dark. There are several factors we look into while publishing this statement. Let’s look into those:

As we said, the company's last activity was in June 2023, and it is too rare for an eCommerce brand to stop performing activities on Social Media as social media is a crucial gateway to drive sales. The website of Hylete Inc. is also in maintenance mode for all users. In simple words, no one can place any order right now.

We have also found the auction notice of Hylete Inc.'s all assets including domain, website, patents, and list of 250k customers. The auction was conducted on August 10, 2023 but the results are unknown if it sold or not. You can check out that notices on Btesto.

So, we can surely say that Hylete Inc. is no longer in business right now and is not accepting any new orders. But there is a possibility that they start their business again. If it sold, the new owner may start this business again. The possibilities are endless - Let’s wait with us and see if Hylete comes into business again or not.

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Impact on Customers

Is Hylete Going Out of Business

The closure of Hylete is a loss for the fitness industry. The company was known for its high-quality apparel and its focus on the community. Hylete's fans will miss the company's products and its positive impact on the fitness community.

The closure of Hylete will have a significant impact on its customers. Many customers will be disappointed to lose access to the company's high-quality apparel and its focus on community. Additionally, some customers may have difficulty finding other activewear brands that meet their needs.

Here are some specific impacts that the closure of Hylete will have on its customers:

Find New Source: Hylete was a popular source of activewear for many people, and its closure will leave a void in the market. Customers will need to find new brands that offer the same level of quality and style as Hylete.

Pay More: Hylete was known for its competitive prices, and its closure may lead to higher prices for activewear from other brands.

Hylete Community:  Hylete had a strong community of fans, and its closure will mean that these fans will no longer have a place to connect with each other.

What’s So Unique About Hylete Apparel?

Hylete Apparel was a brand known for its high-quality activewear, innovative designs, and focus on community. Here are some of the things that made Hylete unique:

High-Quality Fabrics: 

Hylete used high-quality fabrics that were designed to be durable, breathable, and moisture-wicking. The company also paid attention to detail in its construction, with features like flatlock seams to prevent chafing and reinforced stitching for durability.

Innovative Designs: 

Hylete was always at the forefront of activewear fashion, with designs that were both stylish and functional. The company used innovative fabrics and construction techniques to create unique and eye-catching pieces.

Focus on Community:

Hylete was more than just a clothing company; it was also a community of fitness enthusiasts. The company hosted events and workshops, and it had a strong online presence where customers could connect with each other.

Where is Hylete Located?

Hylete was headquartered in Solana Beach, California. The company had one office location at 560 Stevens Ave, Solana Beach, CA 92075, United States.

Hylete Alternatives 

Since Hylete is no longer in business, here are some of the best alternative activewear brands that offer similar high-quality, performance-driven apparel:

Lululemon:

Lululemon is one of the most popular activewear brands in the world. It is known for its innovative fabrics, stylish designs, and focus on functional performance. The company was founded in 1998 by Chip Wilson and Dennis Wilson and has since grown to become a global leader in the athletic apparel industry.

Lululemon's success is due in large part to its commitment to innovation. The company is constantly developing new fabrics and technologies that are designed to improve the performance and comfort of its clothing. 

Nike:

Nike is another global leader in activewear, with a reputation for producing high-quality, durable apparel. It has a product that meets the needs of athletes of all levels. Nike offers a wide variety of apparel, footwear, and accessories, catering to a wide range of activities, from running and training toYogaa and CrossFit.

Under Armour:

Under Armour is a well-established activewear brand that is known for its moisture-wicking fabrics, compression-fit apparel, and innovative technologies. It offers a diverse range of apparel, footwear, and accessories for men, women, and kids.

Athleta:

Athleta is a women-centered activewear company known for its inclusive sizing, stylish designs, and dedication to sustainability. It offers a variety of clothing for various types of workouts and activities, includingYogaa, running, and training.

Vuori:

Vuori is a rising activewear brand that has become popular for its comfortable, performance-driven clothing. The brand's fabrics are engineered to be soft, breathable, and moisture-wicking, making them perfect for both everyday wear and workouts.

Outdoor Voices:

Outdoor Voices is a well-known activewear brand that is known for its stylish, relaxed-fit clothing. The brand's fabrics are designed to be durable and comfortable, making them suitable for a variety of activities, from hiking and running to everyday wear.

Beyond Yoga:

BeyondYogaa is a women-focused activewear brand with a reputation for high-quality, sustainable apparel. The brand’s fabrics are designed to be comfortable, supportive, and flattering, making them ideal forYogaa and other forms of physical activity.

Conclusion

In conclusion, Hylete Inc. is no longer in business and is not accepting any new orders. The company's website is in maintenance mode, and its social media accounts have been inactive since June 2023. 

The closure of Hylete is a loss for the fitness industry, as the company was known for its high-quality apparel and its focus on the community. Hylete's fans will miss the company's products and its positive impact on the fitness community.