All Lululemon articles – Page 3
-
AnalysisThe top sporting goods industry performers by sales and profit Q1 2023
Our 2023 Q1 Scorecard includes the revenue and profit development of 48 sporting goods companies, as well as the headlines and analysis
-
ArticleLululemon posts strong quarter helped by Greater China
Fueled by a 30 percent increase in traffic, a 79 percent jump in sequential Greater China quarterly sales, and a 430-basis-point improvement in product margin as air freight costs abated, Lululemon Athletica Inc. reported strong Q1 results that exceeded its sales and profit expectations. With the strong showing, the company ...
-
ArticleSporting Goods 2022 – The top companies worldwide by sales and profit
Our updated 2022 Sporting Goods Scorecard brings you the industry winners, with revenue & profit development of 47 sporting goods companies.
-
ArticleLululemon expands global HQ in Vancouver
The Canadian government issued a press release on May 25 stating that “the expansion of Lululemon’s global headquarters in its hometown of Vancouver promises to significantly boost British Columbia’s prosperity.” The release also indicates that the Canadian athleisure brand is committed to growing and investing in the creation of more ...
-
News briefsLululemon’s “Further” looks to meet needs of female endurance athletes
Lululemon’s new “Further” initiative, announced this week, is set to include product launches and events celebrating human possibility and how far women can go when they’re supported with resources and product innovations. To mark the launch, Lululemon released its first-ever road-to-trail running shoe, Blissfeel Trail, a continuation of the brand’s ...
-
News briefsLululemon establishes partnership with enviro-tech startup Samsara Eco
Australian environmental technology startup Samsara Eco has announced a partnership with Canadian sportswear brand Lululemon. The multi-year collaboration will see Samsara Eco produce the world’s first infinitely recycled nylon 6.6 and polyester, while Lululemon aims to expand its circular economy. Together, the two companies will produce new recycled nylon and ...
-
News briefsLululemon could be eyeing sale of Mirror
After acquiring Mirror for $500 million in 2020, Lululemon Athletica, Inc. may now be looking into selling the company, according to a report from Bloomberg, which in turn cites sources “familiar with the matter.” It has not been confirmed, however, whether this is indeed the case. Lululemon bought Mirror in ...
-
Infographics & DataSGI Sporting Goods Scorecard Q4 2022
Find out whose sales are up and whose profits are down in Q4 2022 in our exclusive analysis of the sporting goods industry’s largest players.
-
ArticleLululemon exceeds $8bn in revenue, but impairment charge lowers FY profitability
Citing its balanced growth across channels, categories, and markets, Lululemon reported annual revenue growth of 30 percent in FY22 to $8.11 billion from $6.26 billion, with North American sales increasing 29 percent and jumping 35 percent everywhere else. But the group’s decision to take a $407.9 million impairment charge related ...
-
AnalysisAnalysis: Taking stock of sporting goods inventory levels
Our exclusive analysis of the inventory levels of some of the industry’s biggest brands, including how some are responding to the challenges
-
Infographics & DataSporting goods company inventory levels in Q4 2022
We’ve compiled inventory levels at the top sporting goods companies in Q4 2022. Found out how they compare with 2021 and across the industry
-
ArticleTrove releases first-of-its-kind Brand Resale Index for 2023
Trove, the U.S.-based service provider whose technology powers the resale services of several sporting goods manufacturers, has released its first Brand Resale Index, titled “Defining the Resale Experience.” The index is the first report of its kind, agnostic to the resale platform provider and it evaluates the adoption of leading ...
-
ArticleNike tops global retailers list among sports retailers
Nike Inc./Nike Direct is the largest sports retailer in the world, according to the “Global Powers of Retailing 2023” report, which Deloitte has just released. Decathlon takes the 2nd spot, followed by Dick’s, JD Sports and Adidas, to complete the Top 5 in the sports retailing sub-category. ...
-
Infographics & DataAnalysis: Sporting Goods Scorecard - Q3 2022
Our Q3 Scorecard includes the revenue and profit development of 41 major sporting goods companies - benchmark yourself with the top players in the industry
-
News briefsCanada Goose launches U.S. resale platform powered by Trove
Trove, a service provider that powers the secondhand stores of Patagonia, Lululemon, REI, Arc’teryx, On and Allbirds, is now also the partner for Canada Goose’s new authorized reselling platform: Canada Goose Generations. Consumers can trade in their used Canada Goose products online, for assessment and authentication. Canada Goose will compensate ...
-
News briefsNike sues Lululemon for patent infringement on its Flyknit technology
Nike Inc. is suing Lululemon Athletica, claiming that at least four of Lululemon’s footwear products infringe its patents. In a complaint filed in Manhattan federal court, Nike alleges that Lululemon’s Blissfeel, Chargefeel Low, Chargefeel Mid and Strongfeel sneakers infringe on Nike’s patents related to its Flyknit technology, with reference to ...
-
News briefsLululemon shares take hit on analyst downgrade
Lululemon shares fell $4.87, or 1.54 percent after a Wall Street analyst downgraded the stock to “underperform” on Jan. 24 and slashed its target price to $290, below the company’s closing price at $311.21. Bernstein analyst Aneesha Sherman suggested the company’s shares have a “reset coming” due to numerous factors ...
-
ArticleGorpcore: The trend that could be bigger than athleisure
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
-
News briefsLululemon creates chief merchandising officer position
Lululemon has named Elizabeth Binder its first chief merchandising officer. Most recently, Binder was chief product officer at Boden, a U.K.-based apparel company, which she joined in October 2020. Prior to that, she spent 12 years at Burberry and also held merchandising positions at J. Crew, Club Monaco and Ann ...
-
News briefsLululemon shares take hit after lowered margin outlook
Lululemon, in updating its fourth-quarter guidance ahead of the ICR Conference, lowered its gross margin outlook for a second consecutive quarter. The group forecasted a gross margin decline of 90 to 110 basis points in the period versus a prior outlook of a 10 to 20 basis point increase, and ...
