Lululemon news and archive

Two menswear designers discuss their careers, one corporate, one indie

Brit Ben Stubbington and German-born Robert Geller, two successful US-based designers, provide a revealing glimpse into their differing career choices in an intimate chat facilitated by the first Joe’s Blackbook Session of 2021. Both men are in reflective mood as they discuss their creative motivations, career evolution, and the advice they...

Jan 27, 2021

News

Two menswear designers discuss their careers, one corporate, one indie

Jan 27, 2021

People

Lululemon appoints Blanca Gonzalez as new head merchant

Lululemon has hired former Nike executive Blanca Gonzales to lead its merchandising strategy. Gonzalez will join the athleticwear label on February first as SVP of global merchandising. Gonzalez had spent nearly two decades with Nike, holding various roles in merchandising and general management. Most recently, she served as vice president and...

Jan 15, 2021

Retail

Lululemon announces footwear range will launch in late 2021

Lululemon's much-anticipated expansion into the footwear category is slated to take off next year. According to insight from Retail Dive, the Canadian athleticwear company is planning its entrance into the market in the second half of 2021, with products to be ready for retail in 2022. Lululemon firstannounced its plans for footwearlast year,...

Dec 14, 2020

Report

Lululemon promotes Meghan Frank to CFO

Sportswear apparel brand Lululemon has announced the promotion of Meghan Frank as the new chief financial officer (CFO), effective November 23. She is the company’s first female CFO. In this role, Frank will be responsible for the company’s asset protection, its facilities, finance, investor relations, operations excellence, strategy functions,...

Nov 20, 2020

Report

Lululemon appoints Kourtney Gibson to board of directors

Sportswear apparel brand Lululemon has appointed Kourtney Gibson to its board of directors, effective immediately. Gibson is president of US-based investment bank Loop Capital Markets. She has worked for the company for more than 20 years and has held a number of positions at the firm, including leading its global equity division. Glenn Murphy,...

Nov 20, 2020

Retail

Lululemon begins selling newly acquired Mirror in stores

Lululemon is expanding its in-store offering beyond athleisure clothing. The athletic apparel brand will begin selling its newly acquired Mirror home gym in 18 stores across the U.S. this month. The company bought the at-home fitness platform inJune of this year, stating at the time that it planned to build upon its vision of building a...

Nov 12, 2020

Report

Lululemon announces series of new appointments

Lululemon Athletica Inc. has announced several leadership appointments. Celeste Burgoyne has been appointed as president of the Americas and global guest innovation teams. Burgoyne has been in Lululemon since 2006 and has held numerous positions in the company. She recently served as executive vice president (EVP) of the Americas and global...

Oct 30, 2020

Fashion

Lululemon sets out new social and environmental targets

Athletic apparel brand Lululemon has announced a range of new social and environmental targets as part of its newly-launched and first Impact Agenda. The multi-year strategy is split into three key areas: ‘Be Human’, which focuses on inclusion and diversity, ‘Be Well', which focuses on mindfulness and wellbeing, and ‘Be Planet’, which focuses on...

Oct 29, 2020

Retail

Bolt Threads announces exclusive partnerships to introduce Mylo

Adidas, Kering, Lululemon and Stella McCartney have united with Bolt Threads to usher in a more sustainable future for fashion. The consortium is the largest joint development in consumer biomaterials to date. Bolt Threads is on a mission to harness the underground structure of mushrooms as it is an infinitely renewable resource. The material,...

Oct 6, 2020

Management |ANALYSIS

Lululemon Athletica stock on the rise on 500 million dollar acquisition of Mirror

Lululemon Athletica stock started rising after hours on Tuesday, following news on the yoga fashion brand’sacquisition of Mirror, a home fitness business. The deal’s price tag is500 million dollars. The market sees this deal as a move by the fashion retailer to meet consumers where they are now (worldwide lockdowns have been a boon for all sorts...

Jul 1, 2020

Business

Lululemon acquires home fitness provider Mirror

Home fitness has become increasingly important to consumers in the U.S. after three months of stay-at-home mandates and closures of fitness studios. And Lululemon has decided to grow its business to cater to this trend. The athleticwear brand has acquired Mirror, an innovator in the home fitness sphere, for a purchase price of 500 million...

Jun 30, 2020