Lululemon Athletica Inc
Is China a business opportunity or liability for fashion companies in 2023?
China is a US$300-$350bn annual fashion retail market, but its economic growth has slowed amid various new uncertainties in recent…
Lululemon books Q3 sales, profit increase
Lululemon Athletica reported a sales increase of 28% to US$1.9bn and operating income grew 37% to $352.4m. Net income rose…
Lululemon ups FY outlook on Q2 sales rise
Reporting its results for the second quarter, Lululemon said net revenue increased 28% in North America and by 35% internationally. Total…
Lululemon joins JD.com in bid for China expansion
Lululemon officially debuted its digital flagship store on 18 July in the J Shop, JD.com’s dedicated space for fashion and…
Lululemon eyes international expansion with Spain launch
Spain marks the first new market for Lululemon since 2019, with the retailer set to open two new stores and…
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Lululemon ups FY outlook on 32% Q1 sales hike
Reporting its results for the first three months of its financial year, Vancouver-based Lululemon Athletica said net sales amounted to…
Fast fashion drops in value post-covid while sportswear brands reign supreme
The Brand Finance Apparel 50 2022 report, which was published this month reveals sportswear brand Nike and some of its…
Lululemon reveals roadmap to double revenue by 2026 to $12.5bn
Vancouver-based Lululemon Athletica says it is on track to reach its 2023 revenue and earnings growth targets ahead of schedule…
Lululemon to roll out resale programme to all US stores
The nationwide expansion of Lululemon Like New, the brand’s first trade-in and resale programme, follows a successful two-state pilot last…
Lululemon taps former Adidas exec Atkins to lead footwear strategy
Atkins took up his new role at Lululemon this week, assuming responsibility for leading the development and execution of the brand’s…