Tag: lululemon
Lululemon to acquire at-home fitness company Mirror for $500 million
Lululemon is acquiring the in-home fitness company Mirror for $500 million, the retailer announced Monday, marking its first acquisition — a bet that more people are going to be pivoting to exercise at their homes. Lululemon shares were up almost 4% in after-hours trading. Following the closing of the deal, Mirror will run as a standalone …
Lululemon to acquire at-home fitness company Mirror for $500 millionRead More
Lululemon (LULU) reports Q4 2019 earnings beat
Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period, thanks, in part, to more men shopping in its stores and online. However, due to the uncertainty from the coronavirus pandemic, the yoga pants maker said it will not be providing a fiscal 2020 outlook at this time. Its …
Lululemon boosts revenue, earnings outlook for Q4
Get great content like this right in your inbox. Subscribe Innovative product offerings and an equally strong holiday season pushed Lululemon Athletica to raise its fourth-quarter expectations. For the quarter ending Feb. 2, the apparel retailer expects net revenue to be between $1.370 billion and $1.380 billion, based on comparable store sales that are expected …
Lululemon taps Nike veteran for new leadership role
Get great content like this right in your inbox. Subscribe Lululemon athletica inc.’s first-ever chief brand officer brings a strong background in athletics to her new role. The retailer has appointed Nikki Neuburger as its first-ever chief brand officer, effective January 20. She will be responsible for elevating the Lululemon brand and leading the …
Lululemon taps Nike veteran for new leadership roleRead More
Lululemon (LULU) reports fiscal Q3 2019 earnings beat
Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon on Wednesday reported quarterly earnings and sales that topped analysts’ estimates, as more shoppers around the world picked up its yoga pants and sports bras. And its men’s business continued to grow. But …
Lululemon (LULU) reports fiscal Q3 2019 earnings beatRead More
lululemon, Harrods, London – Retail Focus
Athleisure brand lululemon have taken over a window of the world-famous Harrods department store in London. The campaign celebrates the uncomparable feeling of lululemon pants. Lucky Fox designed and installed a cushioned soft backdrop to fill the entire window. Mannequins dressed in the signature pant collection are inset within the cushioning to create the feeling …
Lululemon to exit its kids’ business
Get great content like this right in your inbox. Subscribe Lululemon will close its remaining Ivivva kids stores as it focuses its efforts on its expanding core and men’s businesses. The news was reported by CNBC, which said that the retailer will close the remaining seven freestanding Ivivva stores by the middle of next year. …