Lululemon news and archive

Lululemon provides update on wellbeing report

Sportswear retailer Lululemon has published its third annual Global Wellbeing Report, which it began in order to better understand how to support people in their efforts to be well, as stated by its chief people and culture officer Susan Gelinas. She added in her press statement: “Advancing wellbeing is not a solitary effort, it is a collective...

Report

Lululemon names new board of directors member

Athletics apparel company Lululemon has announced the appointment of Shane Grant to its board of directors, effective November 1. Grant currently serves as the group deputy CEO, CEO Americas and EVP dairy, plant based and global sales at food and beverage company Danone, roles he has collectively held since January 2023. He joined the firm in...

Fashion

Lululemon launches new 'Casual' collection

Canadian activewear brand Lululemon has unveiled a new ‘Casual’ apparel and accessories collection, designed “to solve the unmet needs in your everyday wardrobe and elevate the essentials”. The ‘Casual’ collection is described as “an ode to personal style, by way of intuition,” offering a range of versatile pieces for both men and women,...

ManagementFeatured

Lululemon reports strong Q2, expects to double revenues by 2026

Lululemon Athletica Inc. net revenue increased 18 percent or 20 percent on a constant dollar basis to 2.2 billion dollars. The company's Power of Three ×2 growth plan calls for a doubling of the business from 2021 net revenue of 6.25 billion dollars to 12.5 billion dollars by 2026. The company said in a statement that key pillars of the plan are...

Business

Lululemon forms Mental Wellbeing advisory board

Sportswear retailer Lululemon has announced the creation of a Mental Wellbeing Global Advisory Board consisting of 11 members from the wellbeing industry. The board is to be chaired by two of the brand’s senior leadership team, chief brand officer Nikki Neuburger and chief people and culture officer Susan Gelinas. Members of the board will...

ManagementFeatured

Lululemon reports 24 percent revenue boost, driven by international sales

Sportswear retailer Lululemon has reported strong results for the Q1 period of fiscal year 2023, with its net revenue up 24 percent hitting two billion dollars. The rise was particularly driven by international sales, for which revenue had increased 60 percent compared to 17 percent in North America. Comparable store sales also rose 16 percent,...

Business

Lululemon establishes partnership with textile recycling startup, Samsara Eco

Sportswear company Lululemon has announced a new multi-year collaboration with textile-to-textile recycling firm, Samsara Eco, as it looks to scale its circularity practices. The brand said that through the partnership it is aiming to make infinitely recycled nylon and polyester from its own products using the startup’s circular process. Samsara...

ManagementFeatured

Lululemon's Q4 sales jump, aims to double revenues by 2026

Lululemon Athletica Inc. reported fourth quarter net revenue increased 30 percent to 2.8 billion dollars or increased 33 percent on a constant dollar basis. For fiscal 2022, the company’s net revenue increased 30 percent to 8.1 billion dollars or increased 32 percent on a constant dollar basis. The company said in a statement that its Power of...

Event

AAFA announces board of directors leadership and election results for 2023-2024

The American Apparel & Footwear Association announced the renewal of its Board of Directors leadership, and the addition of 16 new and re-elected Board members. The following individuals were confirmed as AAFA’s Board of Directors leadership for the 2023-2024 term: Ted Dagnese, lululemon athletica – Chair Josue Solano, BBC International – Vice...

Business

lululemon’s support for diversity with its new Supplier Inclusion and Diversity Program

lululemon, the athletic apparel brand, launched the new IDEA (Inclusion, Diversity, Equity, and Action) Supplier Inclusion and Diversity Program. The initiative is designed to support and encourage diversity within the company's supply chain, with a particular focus on empowering underrepresented and disadvantaged organisations. Stacia Jones,...

Business

Nike sues Lululemon over alleged patent infringements

Nike is claiming Canadian athleisure giant Lululemon is infringing patents related to the use of textile and other structural designs of its footwear. Nike alleges Lululemon’s Blissfeel, Chargfeel and Strongfeel sneakers are violating copyright and infringing its patents of its Flyknit technology. Nike, which is seeking an undisclosed sum in...

People

Lululemon appoints new chief merchandising officer

Lululemon is welcoming Elizabeth Binder to its product team. Binder will serve as chief merchandising officer with the aim to improve future growth and innovation. She will report to Sun Choe, chief product officer at the company. Binder will lead the development and execution of Lululemon’s global merchandising strategy and blueprint. She will...