By  on May 20, 2014

LOS ANGELES — To propel its aggressive plan to nearly double the number of stores worldwide over the next five years, Australia’s Cotton On Group is targeting the U.S. market with a new women’s clothing line.

Cotton On, which operates 1,300 stores in 17 countries for eight brands including its namesake, Rubi Shoes, Typo, Free and Co. by Cotton On, aims to build its five-year-old American business with The One, a group of basic knits that launched Monday. Having opened 124 stores Stateside since 2009, Cotton On is marching toward its goal of 2,300 stores worldwide by June 2019. Last year, it opened 200 stores around the globe. It will enter the Brazilian market at the end of the month, and its largest U.S. store, a 3,516-square-foot unit at Garden State Plaza Mall in Paramus, N.J., is getting a renovation that will reflect the brand’s updated look. California alone makes up a third of its U.S. retail footprint, with 37 stores. While the privately held company declined to disclose its revenues, the retailer said sales have grown more than 20 percent in 2014 from a year ago.

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