Tag : Lululemon
Canadian activewear giant Lululemon has cut senior leadership team salaries by 20% for the next three months, while its board of directors will “forgo their cash retainer”, amid the Covid-19 coronavirus outbreak.
Lululemon closes China stores amid coronavirusSubscription
Canadian activewear giant Lululemon has been forced to close many of its stores in China because of the Covid-19 coronavirus outbreak.
Lululemon COO to exit Subscription
Lululemon’s chief operating officer, Stuart Haselden, will leave the business in January to join luggage company Away.
Athleisure: beating the competitionSubscription
Today’s athleisure customers demand performance, versatility, convenience and community experiences from the brands they buy.
International growth boosts Lululemon profitsSubscription
Canadian activewear giant Lululemon has announced a 22% rise in gross profit to $421.7m (£249.32m) for the first quarter, ended 5 May.
Lululemon profits rocketSubscription
Canadian activewear giant Lululemon has announced a 30% rise in gross profit to $1.8bn (£1.37bn) for the year to 24 February 2019.
Lululemon ups revenue forecast Subscription
Canadian activewear retailer Lululemon has upped its revenue forecasts for the last quarter of its financial year following online sales growth and demand in China.
Menswear spurs growth at Lululemon Subscription
Lululemon’s revenue leapt 21% to $747.7m (£586.7m) in the third quarter ended 28 October, driven by growth in menswear, online sales and a strong performance in Asia Pacific.
Lululemon appoints new CEOSubscription
Canadian activewear giant Lululemon has appointed former Sephora boss Calvin McDonald as its new chief executive officer.
The athleisure sector is booming. A quick Google search reveals that the phrase “athleisure” was first used in 1976 on an advert for trainers. But in more recent years several factors have come together to accelerate this trend and push it to the forefront of the fashion industry.