All Lululemon articles – Page 2
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News briefsLululemon will reportedly cut 120 jobs amid Peloton partnership
Lululemon is reportedly undergoing a round of cuts after its new partnership with Peloton. According to reports by Footwear News and Forbes, Lululemon will lay off 120 workers who support its Lululemon Studio. Lululemon acquired Mirror, a home fitness start-up selling a wall-mounted device for workout classes, in 2020. Two ...
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News briefsXponential Fitness reconfirms partnership with Lululemon after activewear brand joins forces with Peloton
Following on from yesterday’s announcement that Lululemon and Peloton are to join forces in a fitness content and apparel deal, Xponential Fitness has released its own joint statement with Lululemon reconfirming their ongoing retail partnership. “Xponential Fitness has been a valued partner since we announced our Lululemon Studio collaboration in ...
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ArticleLululemon and Peloton strike fitness content and apparel deal
Lululemon and Peloton have announced a five-year strategic global partnership which will see Peloton become the exclusive digital fitness content provider for Lululemon, and Lululemon the primary athletic apparel partner to Peloton. With the aim of “engaging their respective global community of members in the United States, Canada, the United ...
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AnalysisAnalysis: The top sporting goods industry performers by sales and profits in Q2 2023
Facing difficult year-over-year comparisons in many cases, 2/3 of entrants reported lower sales from Q2 2022. Find out more with our scorecard.
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ArticleLululemon to host World Mental Health Day activities around the globe
Canadian company Lululemon is launching a series of interactive wellness events in communities around the world in honor of World Mental Health Day on Oct. 10, 2023. The day aims to raise awareness and create positive change around the world through mental health education. Planned events range from collaborative sweat ...
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ArticleLululemon releases latest Impact Report
In its third annual Impact Report, released Sept. 12, Lululemon provided a detailed account of progress and lessons learned from its multi-year strategies and commitments to advance the well-being of people and the planet. At the heart of the Power of Three ×2 growth plan is Lululemon’s Impact Agenda, which ...
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Infographics & DataSales of the biggest Athletic Apparel, Accesories and Footwear companies worldwide 2022
This week’s infographic comes from Statista, who compiled the Athletic Apparel, Accessories and Footwear sales figures for some of the biggest sporting goods companies worldwide, Jan. 2022 – Jan. 2023.
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News briefsLululemon unveils Casual collection for fall
Traditionally known for its activewear, Canadian brand Lululemon has unveiled a new casual collection that aims to “solve the unmet needs in your everyday wardrobe and elevate the essentials.” The new Fall 2023 Casual collection features classic basics that provide comfort and confidence and features several new items not previously ...
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ArticleLululemon raises FY outlook; will aim to accelerate its unaided brand awareness
Lululemon, with so many aspects of its balanced approach moving ahead positively, wants to grow its unaided consumer brand awareness around the globe. The company, while keeping its marketing spend “relatively stable,” intends to make further brand investments in H2 that will focus on digital media, in-store and targeted television ...
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News briefsLululemon urged to decarbonize its supply chain
EcoAthletes, an advocacy organization representing 129 professional athletes, has signed an open letter to Lululemon asking the Canadian activewear retailer to phase out fossil fuels and commit to 100 percent wind and solar in its supply chain by 2030. According to EcoAthletes, in a letter which has been delivered to ...
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ArticleXponential Fitness operating income ticks up 1 percent in Q2
The global franchisor of boutique fitness brands, which signed a master franchise agreement for France during the period, reported a 1 percent increase in Q2 operating income to $36.5 million from $36.1 million. Net income attributable to Xponential Fitness rose by 9.2 percent to $18.4 million on 30 percent revenue ...
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Infographics & DataYear-on-year DTC sales growth 2022
How do the 2022 DTC sales at some of the biggest sporting goods companies compare with 2020 and 2021? We have the numbers for Nike, Adidas and more.
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News briefsApparel brand Kit and Ace bought by Unity Brands
Unity Brands Inc., a brand management and consulting firm, has acquired the Canadian technical lifestyle and apparel brand Kit and Ace Technical Apparel Inc. With the acquisition, Unity Brands aims to “propel Kit and Ace into a future marked by enhanced strategic initiatives, expanded market presence, amplified brand campaigns, elevated ...
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Infographics & DataSporting goods industry inventory levels Q1 2023
The Q1 numbers are in, and we focus on inventory. Download our infographic of inventory levels at 18 of the biggest Sporting Goods Industry companies.
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News briefsZalando is Lululemon's choice of marketplace in Europe
Canadian direct-to-consumer brand Lululemon has chosen Zalando as its preferred online partner for Europe, launching its products on the online fashion and lifestyle platform on June 29. As of now, Zalando customers can buy the brand’s apparel and accessories in several markets. Founded in Berlin in 2008, Zalando today offers ...
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News briefsLululemon reportedly struggling to find a buyer for Mirror
Lululemon is trying to sell its Mirror fitness product but cannot find a buyer, despite cutting its value by nearly 90 percent, the New York Post has reported. A recent filing showed that Lululemon valued Mirror at just $58 million, although the athletic apparel company paid $500 million for the ...
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Infographics & DataSales per employee 2022 at sporting goods companies
Our downloadable infographic has employee numbers and sales per employee at 25 of some of the world’s biggest sporting goods companies.
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News briefsLululemon joins Sorting for Circularity USA while Adidas becomes the project’s lead sponsor
Lululemon has joined the Sorting for Circularity USA project as a seventh external brand partner. Furthermore, Adidas has become the project’s lead sponsor. Sorting for Circularity USA was launched in January 2023 by Amsterdam-based Fashion for Good and Circle Economy, building on the learnings from Sorting for Circularity Europe and ...
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ArticleAnalysis: Double-digit increase in sales per employee in 2022
We bring you employee numbers at the world’s biggest sporting goods companies, sales per employee, and how these compare with other industries.
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Infographics & DataSGI Sporting Goods Scorecard Q1 2023
How did Apparel, Footwear, Equipment and Retail perform in the first quarter of 2023? Our Sporting Goods Industry Scorecard has the answer.
