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LULULEMON news and archive

Lululemon appoints Apple’s Isabel Ge Mahe to board

US activewear brand Lululemon has named Isabel Ge Mahe as a new board member, effective immediately. Ge Mahe has spent the past 15 years at Apple, joining in 2008 as vice president of wireless technologies before being promoted in 2017 to her current position as vice president and managing director of the company’s Greater China business. She...

Nov 9, 2022

RetailFeatured

Lululemon and Hibbett are paving way in omnichannel, according to new report

A new report by omnichannel platform NewStore has detailed the retail brands that were found to be paving the way in omnichannel capabilities. Now in its eighth edition, the firm’s ‘2023 Omnichannel Leadership Report’ audited the operations of 300 luxury, premium and lifestyle retail brands in North America, with the goal of assessing the...

Oct 20, 2022

Business

Lululemon launches new fitness platform

Fitnesswear brand Lululemon has revealed it will be launching a new platform dedicated to providing members with fitness content and products. Launching October 5, ‘Lululemon Studio’ will be accessible through an app, in-person experiences and via the brand’s Studio Mirror product, which already offers on demand and live-streamed classes through...

Sep 29, 2022

Report

Lululemon appoints Sarah Clark as SVP for EMEA

Fitness retailer Lululemon has announced the appointment of Sarah Clark as its new senior vice president for the EMEA region. It comes as the Canadian brand continues to work towards an international expansion, appointing Clark to lead the growth in this particular market. From September 2022, Clark’s focus will be on business growth via retail,...

Sep 27, 2022

Business

Yoga practitioners join in call urging Lululemon to cut use of fossil fuels

Over 1,600 international yoga practitioners have joined in signing an open letter to Lululemon requesting for the athleisure company to transition to renewable energy. In a release, the group noted that nearly half of Lululemon’s energy comes from factories powered by burning coal, which it added is ultimately harmful to people and the...

Sep 19, 2022

ManagementFeatured

Lululemon ups full-year outlook on strong Q2

Athletic apparel brand Lululemon has upped its full-year guidance after reporting strong revenue and profitability in the second quarter. The US-Canadian company reported a 29 percent increase in net revenue to 1.87 billion dollars thanks to 28 percent growth in its North American business and 35 percent growth in its international business. CEO...

Sep 2, 2022

Retail |Interview Featured

Retail analyst Nikki Baird’s consumer predictions through end of year

As high inflation raises the prices of gas and bills, consumers will be faced with tough spending decisions as seasons change, kids go back-to-school and budgets are weighed for holiday gifting. FashionUnited speaks with Nikki Baird, former retail analyst and Vice President of Strategy at Aptos, about how our purses will be impacted during the...

Aug 2, 2022

Fashion Featured

Lululemon launches new Chargefeel sneakers

Lululemon is continuing its push into footwear with a women-first approach with the launch of its Chargefeel sneakers, a cross-training workout shoe, following the success of the Blissfeel, its first-ever running shoe earlier this year. In March 2022, Lululemon officially entered the footwear category to offer head-to-toe solutions. For its...

Jul 27, 2022

BusinessFeatured

Lululemon eyes China expansion, launches through JD

Lululemon has officially debuted its digital flagship store through China’s JD, bringing its yoga and fitness products to the e-commerce site’s J Shop. According to the platform, the new addition falls in line with the current growth in popularity of fitness and sports in the country, as well as the increasing demand for sports equipment. It...

Jul 21, 2022

Fashion Featured

H&M and Lululemon back Fashion Climate Fund to cut carbon emissions

Non-profit organisation Apparel Impact Institute (Aii) has announced that Lululemon, H&M Group, H&M Foundation, and The Schmidt Family Foundation are the lead investors in a 250 million US dollar fund that will be used to identify, fund, scale, and measure verified impact solutions to decarbonise and modernise fashion industry supply chains. The...

Jun 9, 2022

ManagementFeatured

Lululemon Q1 revenue increases 32 percent, ups FY guidance

Athletic apparel brand Lululemon has upped its full-year guidance after reporting improving revenue and profit in the first quarter of the year. In the three months ended January 29, net revenue increased 32 percent year-over-year to 1.6 billion dollars, with revenue in its home market of North America up 32 percent, and international revenue up...

Jun 7, 2022

Business |Opinion

Why investors didn't flinch at Lululemon's growth ambitions

Lululemon thrived during the pandemic. A consumer shift to comfortwear saw its sales skyrocket and demand for its sporty wardrobe pieces soar. Perhaps that is why investors did not flinch when the Canadian retailer said it aims to double sales to 12.5 billion dollars by 2026. It was more or less already expected. Last year at the height of...

Apr 21, 2022