Results for "lululemon"

At its analyst day, Lululemon Athletic announced goals to double sales by 2026 under its “Power of Three ×2 growth” strategy that calls for doubling men’s and digital and quadrupling international business over that timeframe. Calvin McDonald, CEO, said at the event, “The opportunity, obviously, is to keep doing what we’re doing.”

Athletic apparel mindshare reached record levels among teens in Piper Sandler’s Spring 2022 Taking Stock With Teens survey. Nike remained the dominant favorite apparel and footwear brand with teens. Among other active lifestyle brands, Lululemon, Crocs, Hey Dude, and Champion all strengthened their appeal, while Vans stood out for losing ground with the demographic.

Lululemon Athletica’s shares jumped $32.95, or 9.6 percent, to $376.92 Wednesday, following a strong fiscal fourth quarter and full-year forecast that came in well above expectations.

Lululemon released its first footwear collection with four women’s styles, including its first running shoe, the Blissfeel. The company said it would release three more women’s specific shoes in the coming months and a men’s footwear collection in 2023.   “Footwear is the natural next step for us to expand and apply our long history […]

On Glassdoor’s 2022 Top 100 Best Places To Work in the U.S., Lululemon ranked number nine among the Top 25 employers. Other retailers in the Active Lifestye space to make this year’s Top 100 list included Vans at number 85, Scheels, #90 and REI at #95.