Lululemon news and archive

Lululemon teams with Penguin Random House for pop-up

Lululemon has started selling books. The cult athletic wear brand partnered with publisher Penguin Random House to launch a pop-up shop quite different from the brand’s existing retail spaces - a library. Located in Lululemon’s HUB Seventeen space in the famed Flatiron building in New York, the pop-up space is all about reading and literature....

Fashion

Lululemon responds to scam created by false account

Lululemon’s shoppers can’t be tricked. Scammers posed as the popular athleticwear brand in a false brand ambassador scheme posted on social media this week. A post created by an Instagram account called “Lulurecruitment” spread a fake promotion calling for brand ambassadors in exchange for free products. Accompanied by Lululemon’s well-known...

Retail

Lululemon launches a service similar to Amazon Prime

Lululemon has taken a page from Amazon's playbook. The Vancouver-based athletic wear brand beloved by yogis has just finished a successful pilot program of a loyalty subscription service, and now plans to introduce the service to more markets. The brand tested the curated shopping experience using consumers in Edmonton, Canada. Shoppers paid 128...

Report

Lululemon Q3 revenues rise 21 percent

Canadian athletic apparel maker Lululemon said on Thursday its Q3 revenue for 2018 increased by 21 percent or 22 percent on constant currency basis, while total comparable sales rose 17 percent or 18 percent on constant dollar basis. Net income increased by 59.3 percent from the same period last year. Diluted earnings per share were 71 cents...

Fashion Featured

Major brands failing to tackle worker exploitation, study shows

Major clothing and footwear brands are failing to tackle the exploitation of vulnerable workers in their supply chains, according to a new report by Know The Chain. The benchmark test - which measured 43 global companies’ efforts to address forced labour - gave the apparel and footwear sector an overall average score of 37 out of 100. Adidas...

Retail

Lululemon teams up with YNAP’s Mr Porter

Canadian athleisure brand Lululemon has launched an exclusive capsule collection at Yoox Net-a-Porter’s luxury menswear website, Mr Porter, marking its first partnership with a men’s wholesaler. The collection features 18 pieces, including T-shirts, pants, jackets and even a signature yoga mat, all in a color palette only available at Mr Porter....

Management

Lululemon Q2 revenues increase 25 percent

Canadian athletic apparel maker Lululemon said on Thursday its Q2 revenue for 2018 rose by 25 percent, while comparable sales for the period increased by 20 percent or 19 percent on constant dollar basis. Net income increased by 95.9 percent from the same period last year. The company’s sales in Q2 2018 were 724 million US dollars, up from 581...

BusinessFeatured

Lululemon best fashion company to work in the US, according to employees

Recruiting site Glassdoor has revealed the winners of its 2018 Best Places to Work -- Employees’ Choice Award, results which are based on anonymous feedback shared by job applicants and employees. Athletic apparel brand Lululemon is the fashion company with the best performance on the ranking of best places to work, having scored 6th place....

Video

Video: The Science of Feel | Dr Tom Waller

Lululemon’s Dr Tom Waller explains why the way clothing feels matters as much as the way it looks. VOICES is BoF's annual gathering for big thinkers in partnership with QIC Global Real Estate. Source: The Business of Fashion, YouTube.

ManagementFeatured

Lululemon sees Q4 profit rise following strong holiday trading

London - Lululemon Athletica Inc reported a strong fourth-quarter for the year ending January 28, 2018, with gross profits increasing 22 percent compared to the same period in fiscal 2016 to 522.5 million dollars. Net revenue increased to 928.8 million dollars, an 18 percent increase compared to the fourth quarter of fiscal 2016, while total...

Retail

Athletic Propulsions Labs moves HQ to downtown Los Angeles

Athletic Propulsion Labs recently confirmed plans to move its headquarters to downtown Los Angeles. The brand is upgrading by moving into the 15,000-square-foot space located at the Row DTLA. The relocation will take place in March, according to Design Retail Online. The move will also help the brand plan their first upcoming retail unit opening...

Report

Lululemon Athletica shares hold on to significant gains

Shares of lululemon athletica continued to see considerable strength in afternoon trading on Thursday after an early move to the upside. After reaching its best intraday level in well over a year, lululemon closed 6.4 percent higher compared to the previous day. The rally by lululemon came after the yogawear maker reported better than expected...