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Someone forgot to inform Lululemon there is a slowdown in the growth of the athleisure category. The Canadian company’s latest results stand in direct contrast to those of many other sporting retailers, with both total and comparable sales surging ahead by 13…
Sportswear retailer, Lululemon Athletica Australia, has paid penalties totalling $32,400 following the ACCC issuing three infringement notices for violating consumer guarantee rights. In May earlier this year, Lululemon listed sale items on its website under…
A new H&M athleisure wear range is to be launched in July, developed with input from the Swedish Olympic team and fronted by personalities including Caitlyn Jenner. The launch of For Every Victory makes H&M one of the first major multinational fashion brands…
Lululemon’s final quarter numbers look fairly solid on the surface, especially when compared to the rather lacklustre performance during the prior quarter. However, while there has been a pickup in sales momentum, the underlying figures continue to show signs…
Lululemon’s third quarter sales performance – measured on a total basis – was solid with total company revenues up by 14 per cent. This was mostly driven by the addition of 52 new stores, with the extra 142,000 sqft of selling space making a good contribution…
Yogawear retailer Lululemon sees a positive future in Asia, despite bad experiences in Japan and Australia. Announcing a 13 per cent jump in global revenue in 2014 to US$1.6 billion, the Canadian company reiterated plans to open a new store in Hong Kong this…
