
Rajiv MenonFashion
Lululemon Appoints Heidi O’Neill as CEO After Comparable Sales Drop Nine per Cent
The activewear retailer reduced its 2026 store opening target to 35 net new locations as US comparable sales slid 12 per cent.
Tag
2 stories in this topic

The activewear retailer reduced its 2026 store opening target to 35 net new locations as US comparable sales slid 12 per cent.

A 9 per cent drop in second-quarter comparable sales and steep declines in North America push the yogawear maker into its second guidance downgrade of the year.
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.