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Lululemon optimistic for second-half on Q2 sales growth

2020-09-09 13:22:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear brand Lululemon Athletica has reported a 30% drop in second-quarter profit but CEO Calvin McDonald remains cautiously optimistic for the second half of the year as sales in the quarter edged up by 2%. 

Tags: sales growth optimistic lululemon

 

Lululemon inks US$500m deal to buy in-home fitness firm Mirror

2020-06-30 13:13:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear brand Lululemon Athletica is to acquire in-home fitness company Mirror for US$500m amid a rise in home workouts sparked by lockdowns following the Covid-19 pandemic.

Tags: buy fitness deal firm

 
 

Lululemon Q1 profit plummets 70% as sales slump

2020-06-12 12:13:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear brand Lululemon Athletica has reported a 70% drop in first-quarter profit as sales slumped amid the temporary closures of stores worldwide following the outbreak of coronavirus.

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Coronavirus: Lululemon 'sorry' as bat T-shirt sparks China backlash

2020-04-22 14:12:10| BBC News | Business | UK Edition

The retailer sacks employee for promoting a design based on a coronavirus conspiracy theory.

Tags: china bat sparks backlash

 

Lululemon Q4 profit jumps 36% as uncertainty looms

2020-03-27 10:44:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear brand Lululemon Athletica has reported a 36.4% jump in fourth-quarter profit as sales grew 20% on last year.

Tags: profit uncertainty jumps looms

 

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