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Tag: Lululemon

Retail Asia19/07/2022
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Fashion

Lululemon eyes massive growth in China

2min0
Lululemon is on track to make China its second-largest market by 2026 through an extensive store expansion in the country, according to China Daily. The athleisure apparel brand said it aims to increase its store number in the country – currently 71 – to 220 over the next five years. These stores include flagship stores […]
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Retail Asia18/07/2022
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Fashion

Lululemon eyes massive growth in China

2min0
Lululemon is on track to make China its second-largest market by 2026 through an extensive store expansion in the country, according to China Daily. The athleisure apparel brand said it aims to increase its store number in the country – currently 71 – to 220 over the next five years. These stores include flagship stores […]
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Retail Asia09/06/2022
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Fashion

H&M, Lululemon back $250 million Fashion Climate Fund

5min0
Lululemon Athletica and H&M Group are among backers of a $250 million fund aiming to speed up efforts to cut carbon emissions in the fashion industry’s supply chain, non-profit group Apparel Impact Institute said on Wednesday. Bringing together clothing brands, philanthropic donors and other industry stakeholders, the institute’s Fashion Climate Fund also hopes to unlock […]
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Retail Asia15/03/2022
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Fashion

Lululemon unveils its first footwear range

3min0
Sportswear brand Lululemon has revealed its first-ever footwear collection for women, with a men’s collection to launch next year. The company will launch its debut running shoe called Blissfeel on 22 March online and in select stores across the UK, North America and Mainland China. Three additional styles will be released later in the year. Chargefeel – a cross-training […]
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Retail Asia16/06/2020
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Fashion

Lululemon comes unharmed out of the Covid-19 Crisis

3min0
Lululemon has emerged from the Covid-19 crisis as one of its greatest retail survivors, posting an operating surplus in the first quarter while almost all of its apparel contemporaries were bleeding red ink. Net revenue was US$652 million, a decrease of ‘just’ 17 percent at a time when apparel brands like Guess dropped by 51.5 […]
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Retail Asia20/09/2019
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General

Lululemon launches free coursed for store managers

4min0
Lululemon is partnering with Swinburne University of Technology to offer a free diploma of business for store managers, regional managers and training managers. The course, which Lululemon is fully funding, is comprised of eight units covering personal skills for leaders, HR and staff management, marketing, operations, finance, and strategic skills. The units have been adapted […]
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Retail Asia10/07/2019
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General

Lululemon expands beyond apparel Products

3min0
Athleisure retailer Lululemon has ventured into a new category, launching a line of gender-neutral personal care products. The Vancouver-based retailer unveiled on Tuesday its new line of self-care products which include moisturizer, dry shampoo, deodorant and lip balm. The new products will be sold online and in 50 Lululemon stores. It will also be displayed […]
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Retail Asia04/07/2019
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General

China sales Profit Down for Lululemon Athletica

2min0
Lululemon Athletica has reported a massive 70 per cent growth in first-quarter China sales, part contributing to a stellar performance globally. Both sales and profit exceeded the company’s forecast and analysts expectations. Sales of its relatively new men’s range grew 26 per cent proved another highlight. “Our guests responded well to both our men’s and […]
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Retail Asia04/04/2019
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Electronics

Lululemon says e-commerce investment pays off

3min0
Athleisure retailer Lululemon’s investment in e-commerce — revamping its website and improving on direct-marketing efforts to draw new customers — has paid off. Lululemon has posted a 46 per cent increase in its online revenue last year, adding that it has reached an e-commerce penetration rate of 26 per cent. The company announced it will […]
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Retail Asia22/02/2019
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Fashion

Lululemon and employer branding

3min0
Lululemon Athletica Inc. is beefing up benefits to attract and retain workers, offering full-time employees from three to six months of paid parental leave. The gender-neutral benefit awards three months of paid leave to full-time workers who have been at the yogawear company for two years. Employees with five or more years at the firm […]
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Retail Asia23/01/2019
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Living

Brands planning to cash in on rising menswear trend

5min0
This week, Nike launched its new collection of yoga wear for men. While this was the company’s first foray into men’s yoga apparel, the move was very much in line with competitors who have been making a push into the menswear apparel market recently. Lululemon, whose bread and butter has long been women’s yoga trousers, is […]
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Retail Asia09/01/2019
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Fashion

Lululemon opens first store in Macao

2min0
Located in Macao’s bustling premier leisure resort, The Venetian Macao, which is home to world-class casinos, hoteliers and luxury shopping. The store is set to transform the traditional shopping experience with 2,110 square feet of retail, fitness, and community experience unlike any other in Macao. The overall aesthetic of the store is classic and refined. Inspired […]
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Retail Asia17/12/2018
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Fashion

Lululemon founder to join the takeover bid for Amer

3min0
Canadian founder of yoga-apparel retailer Lululemon Athletica Inc., Chip Wilson, is close to joining the Chinese investor group pursuing a takeover of Amer Sports Oyj. The billionaire is in talks to take around a 20 per cent stake as part of the consortium led by Anta Sports Products Ltd. The buyer group and Helsinki-based Amer could announce […]
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Retail Asia05/09/2018
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Fashion

Lululemon sportswear continues to surge

2min0
Lululemon Athletica second-quarter sales rose 25 per cent in the second quarter to the end of July, with comp-store sales up 20 per cent. The Canadian activewear company reported net revenue of US$723.5 million and income from operations of $134.2 million, up 95 per cent year on year. “We are very pleased with the consistent […]
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Retail Asia31/07/2018
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Fashion

Lululemon’s success drives store expansion

3min0
Athleisure is the new fad of the retail industry. Lululemon is one of the most iconic brand following the trend. Founded in 1998, it has flourished to empower healthy lifestyle through its innovative products and community events. The company’s values have been very well received by Asian consumers who blissfully adopted the brand. Thanks to its […]
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Retail Asia27/07/2018
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Fashion

Sephora top executive named CEO of Lululemon

1min0
Calvin McDonald has been named CEO of Lululemon, replacing Laurent Potdevin, who was ousted earlier this year amid allegations of conduct violations. The Canadian-born McDonald earned his MBA at the University of Toronto and prior to joining Sephora in 2013, he spent two years as president and CEO of Sears Canada and 17 years in various roles with Loblaw Companies Ltd. Vancouver-based clothing […]
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