
Spanx
Spanx is an Atlanta-based womenswear label founded by Sara Blakely in 2000, built on footless body-shaping hosiery and now spanning shapewear, bras, denim, leggings, activewear and the AirEssentials loungewear line. Blackstone bought a majority stake at a $1.2 billion valuation in 2021, with Blakely retaining significant equity and serving as executive chairwoman. The brand sells direct through spanx.com and its own stores plus department-store and specialty wholesale, and markets compression pieces such as the Power Series alongside faux-leather leggings and The Perfect Pant.
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