Lululemon Athletica Inc

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Lululemon inks US$500m deal to buy in-home fitness firm Mirror Beth Wright | 30 Jun 20

Canadian activewear brand Lululemon Athletica is to acquire in-home fitness company Mirror for US$500m amid a rise in home workouts sparked by lockdowns following the Covid-19 pandemic.


Retailers begin to outline store reopening plans – Update just-style | 16 Jun 20

Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.


Lululemon Q1 profit plummets 70% as sales slump Beth Wright | 12 Jun 20

Canadian activewear brand Lululemon Athletica has reported a 70% drop in first-quarter profit as sales slumped amid the temporary closures of stores worldwide following the outbreak of coronavirus.


Global retail staff and salary reductions amid Covid-19 – Update just-style | 1 May 20

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:


Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 


Lululemon Q4 profit jumps 36% as uncertainty looms Beth Wright | 27 Mar 20

Canadian activewear brand Lululemon Athletica has reported a 36.4% jump in fourth-quarter profit as sales grew 20% on last year.


Lululemon "confident" on China long-term opportunities despite coronavirus Beth Wright | 25 Feb 20

Canadian activewear brand Lululemon Athletica remains confident in the long-term opportunities China offers the business despite having to shutter the majority of its stores in the country amid the coronavirus (Covid-19) outbreak.


Lululemon ups Q4 profit guidance on strong holiday sales Hannah Abdulla | 14 Jan 20

Canadian activewear brand Lululemon Athletica is upping its sales and profit guidance on the back of strong holiday-period sales.


Lululemon Q3 net income leaps 33% Hannah Abdulla | 12 Dec 19

Canadian athleisure brand Lululemon Athetica has updated its full-year outlook after recording a 33.4% jump in profits for the third quarter.


Casual fashion continues to draw US teen spend Beth Wright | 9 Oct 19

Athletic brands such as Canadian yogawear retailer Lululemon and sportswear giant Nike continue to prove popular with teens in the US, as casualisation of fashion continues despite teen spending falling to the lowest levels in eight years.


Lululemon to wind-down remaining Ivivva business Michelle Russell | 27 Sep 19

Canadian yogawear retailer Lululemon Athletica has confirmed plans to wind-down its Ivivva kids business with its remaining stores due to be closed by the middle of next year. 


Lululemon ups FY forecast on Q2 sales and profit surge Beth Wright | 6 Sep 19

Canadian yogawear retailer Lululemon Athletica has upped its full-year guidance on the back of a double-digit surge in both earnings and revenue during the second quarter – and says it does not expect the twists and turns of Trump's tariff hikes to have a big impact on the business.


Lululemon books double-digit Q1 sales and profit hike Beth Wright | 13 Jun 19

Canadian yogawear retailer Lululemon Athletica has reported double-digit hikes in both earnings and revenue in the first quarter, with CEO Calvin McDonald noting "strong momentum" across the entire business. 


Product innovation key to new Lululemon growth strategy Hannah Abdulla | 25 Apr 19

Supply chain efficiencies, boosted by Lululemon's new five-year strategic plan, will drive growth at the brand believe industry experts.


Lululemon hits all-time high in latest US teen survey Beth Wright | 12 Apr 19

Athletic brands such as Canadian yogawear retailer Lululemon and VF Corp-owned Vans are seeing a surge in appeal with teens in the US, a new survey has found, as casualisation of fashion continues and footwear is gaining wallet share.


Lululemon almost doubles FY profit on flawless execution Beth Wright | 28 Mar 19

Shares in Lululemon Athletica soared by 11.55% in pre-market trading this morning (28 March) after the Canadian yogawear retailer almost doubled its fourth-quarter profits and hailed fiscal 2018 as one of its "strongest years."


Lululemon ups guidance on strong Christmas trading Beth Wright | 15 Jan 19

Canadian yogawear retailer Lululemon Athletica has upped its earnings and revenue guidance for the fourth quarter following strong trading throughout the peak Christmas period.


Lululemon ups FY guidance on Q3 profit hike Beth Wright | 7 Dec 18

Canadian yogawear retailer Lululemon Athletica has upped its full-year guidance on the back of a rise in both profit and revenue in the third quarter. 


Lululemon develops innovative bra line Michelle Russell | 28 Sep 18

Canadian yogawear retailer Lululemon has developed a bra range using what it says is industry-leading innovation to enable the product to feel like a second skin.


Lululemon appoints Choe as chief product officer Michelle Russell | 19 Sep 18

Lululemon Athletica has made its third senior executive appointment this year with the promotion of Sun Choe to the role of chief product officer as the Canadian yogawear retailer thrives under its new chief executive.


Lululemon almost doubles Q2 profit Beth Wright | 31 Aug 18

Canadian yogawear retailer Lululemon Athletica has hailed a "great" set of results for the second quarter, the first under new CEO Calvin McDonald, with highlights including a near doubling of net income in the period. 


Lululemon names McDonald as CEO Beth Wright | 25 Jul 18

Canadian yogawear retailer Lululemon Athletica has named former Sears Canada boss, Calvin McDonald, as CEO following the departure of Laurent Potdevin in February.


Lululemon Q1 earnings soar on digital growth Michelle Russell | 1 Jun 18

Product innovation, global growth and digital acceleration all helped Canadian yogawear retailer Lululemon Athletica deliver a strong first-quarter, with growth that surpassed even last quarter's high benchmark.


Lululemon names Guido finance chief Beth Wright | 18 Apr 18

Canadian yogawear retailer Lululemon Athletica, which is still without a CEO, has named former VF Corp executive Patrick (PJ) Guido as chief financial officer.


Lululemon sales beat Q4 guidance Beth Wright | 28 Mar 18

Canadian yogawear retailer Lululemon Athletica has posted fourth-quarter net sales that outperformed its own expectations a month after analysts warned CEO Laurent Potdevin's exit would be a blow to the retailer.


Lululemon upgrades to latest version of PLM tool Leonie Barrie | 14 Mar 18

Athletic and yoga wear specialist Lululemon has upgraded its PLM software, with additions to deliver greater functionality, an improved user experience and further process efficiencies.


Top stories this week on just-style... Beth Wright | 9 Feb 18

Top stories this week on just-style include a look at how to build a balanced sourcing strategy, the publication by Primark of its global supplier list, Trump goes to Davos while NAFTA grinds on, and Lululemon Athletica's CEO, Laurent Potdevin, exits over misconduct.


Lululemon CEO Potdevin exits over misconduct Michelle Russell | 6 Feb 18

The sudden departure of Lululemon Athletica's CEO, Laurent Potdevin, amid allegations of misconduct will be a blow to the Canadian yogawear retailer, analysts have said.


Lululemon ups Q4 guidance on holiday momentum Beth Wright | 9 Jan 18

Canadian yogawear retailer Lululemon Athletica has upped its fourth quarter net revenue and earnings guidance on the back of better than expected holiday sales – but says it is still assessing the likely impact of the recently passed US tax reform.


Lululemon stock jumps on Q3 sales growth Michelle Russell | 7 Dec 17

Lululemon Athletica has upped its full-year guidance sending the yogawear retailer's stocks climbing in after-hours trading thanks to higher sales in its third-quarter.

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