Lululemon Athletica Inc

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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.

Lululemon targets health conscious Chinese millennials Hannah Abdulla | 18 Oct 17

Yogawear retailer Lululemon Athletica is attempting to exploit an opportunity to expand its presence across China as the country's younger population begins to show signs it is becoming more health conscious.

Lululemon continues to drive menswear potential Beth Wright | 21 Sep 17

Yogawear retailer Lululemon Athletic is continuing to drive the US$1bn-plus plus potential of its menswear category, launching its first global men's campaign this week following a boost in average spend among male shoppers in the second quarter.

Lululemon switches supply chain focus to speed Beth Wright | 4 Sep 17

As yogawear retailer Lululemon Athletica continues towards its vision of reaching revenues of US$4bn-plus by 2020, the Canadian company is confident its ongoing supply chain endeavours have already helped expand margins and cut costs – with further scope to dramatically improve speed and flexibility in how the brand brings product to market.

Lululemon sues Under Armour over sports bra design Michelle Russell | 13 Jul 17

Canadian yoga wear brand Lululemon Athletica is understood to be suing rival sportswear firm Under Armour over claims it has copied the four-strap design of its best-selling sports bras.

Lululemon to streamline Ivivva as Q1 sales growth slows Beth Wright | 2 Jun 17

Canadian yoga wear brand Lululemon Athletica came down to earth with a bit of a bump during the first quarter, revealing a drop in earnings and a single-digit increase in sales alongside the news it is to shutter around 70% of its ivivva stores as the brand transitions to a primarily e-commerce focused business.

Lululemon unveils "revolutionary" sports bra Beth Wright | 3 May 17

Canadian yoga wear brand Lululemon Athletica has unveiled what it says is a "revolutionary" sports bra, designed to embrace movement without compromising performance and featuring a new high-performance fabric.

Kit and Ace shifts focus to Canada, closes US showrooms Beth Wright | 27 Apr 17

Kit and Ace, the "technical cashmere" clothing brand launched by the family of the founder of Lululemon Athletica, is reducing its head office staff and closing its showrooms in the US, Australia and the UK.

Lululemon appoints former Gap CEO Murphy to board Michelle Russell | 10 Apr 17

Canadian yoga wear brand Lululemon Athletica has named former Gap Inc CEO Glenn Murphy as co-chairman of its board, a week after the company saw a 23% drop in its stock price.

Lululemon books sales and profit hike in Q4 and FY Beth Wright | 30 Mar 17

Canadian yoga wear brand Lululemon Athletica built on its momentum in the fourth quarter with double-digit sales and earnings increases thanks to the company's long-term strategies to drive growth.

Global labour standard prepares for pilot launch Michelle Russell | 9 Feb 17

The American Apparel & Footwear Association and yoga wear brand Lululemon Athletica are among new signatories to the Social & Labor Convergence Project (SLCP), bringing the total number of signatories to 100 in its first year, as the initiative prepares to launch its pilot standard. 

Global news roundup Michelle Russell and Beth Wright | 23 Dec 16

The following is a round-up of apparel and footwear news from the world's local media.

Lululemon promotes Burgoyne to Americas retail head Michelle Russell | 13 Dec 16

Canadian yoga wear brand Lululemon Athletica has promoted Celeste Burgoyne to head up the group's retail Americas division with immediate effect. 






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