Skip to main content

Lululemon

  • Lululemon tops estimates in Q3; confident about holiday

    Consumers’ demand for stylish workout wear no shows on slowing down.        Lululemon Athletica Inc.’s sales rose 13% to $544.4 million, surpassing Wall Street estimates.   Total comparable sales, which includes comparable store sales and direct to consumer, increased by 7%. Same-store sales rose 4%.      Profit in the quarter was 47 cents a share, excluding some items. Analysts estimated 43 cents on average.    

  • Athleisure giant to open smaller store model

    Lululemon Athletica Inc. revealed that it plans to open smaller, “local” stores amid results that disappointed Wall Street.   Net revenue for the quarter ended July 31 increased 14% to $514.5 million, just shy of projections, from $453.0 million in the year ago period. Total comparable sales rose 4%, with in-store sales up 3% and direct to consumer sales up 6%.   Net income increased 12.5% to $53.6 million.  

  • Lululemon founder slams company management, board

    Chip Wilson, the founder of Lululemon Athletica Inc., is not one to mince words.

    Wilson, the company’s largest shareholder with a 14.2% stake, on Wednesday issued an open letter to investors in which he sharply criticized the apparel retailer’s management, calling its competence “uninspiring at best.” He called for annual election of the board to hold members accountable for Lululemon’s performance.

  • Ready for Prime Time

    For all their differences, the shopping center owners and brokers from around the world who will gather at the end of May in Las Vegas for retail real estate’s annual RECon confab are alike in that they are all on the lookout for new retail concepts to lure and entice shoppers.

    The good news is that there are plenty of newer brands ready to spread their wings. Some have been around for a couple of years, but are flush with new financing. Many are formerly pure players now turning their attention to physical stores.

  • Seven Retail Brands Ready for Prime Time

    For all their differences, the shopping center owners and brokers from around the world who will gather at the end of May in Las Vegas for retail real estate’s annual RECon confab are alike in they will all be on the lookout for new retail concepts to entice shoppers.

    The good news is that are plenty of brands ready to spread their wings. Some have been around for a couple of years, but are now flush with new financing. But many are formerly pure players that are now turning their attention to physical stores.

  • Hot brand opening pop-ups in hotels

    One of the most buzzed-about retail brands is setting up shop — temporarily — in some hip hotels.

    Canadian apparel retailer Kit and Ace is opening a a series of pop-ups in collaboration with luxury hotels in major cities across the globe. The pop-up, called “The Carry-on,” will make its debut in April, at the Hotel Zetta in San Francisco (for full listing, see end of article). It will offer a selection of easy-pack, carry-on essentials from Kit and Ace.

  • Lululemon redefines transparency with 'Lab' store format

    Lululemon Athletica will open the first U.S. outpost of the brand’s design incubator “lab” format in downtown Manhattan, in March.

    It’s only the second location for the unusual concept. The first, opened in 2009, is in the company’s hometown of Vancouver, British Columbia.

  • Lululemon redefines transparency with 'Lab' format

    Lululemon Athletica will open the first U.S. outpost of the brand’s design incubator “lab” format in downtown Manhattan, in March.

    It’s only the second location for the unusual concept. The first, opened in 2009, is in the company’s hometown of Vancouver, British Columbia.

X
This ad will auto-close in 10 seconds