Lululemon

Elliott takes over US$1 billion stake in Lululemon: source

The hedge fund is now one of the company’s biggest investors

Known for its pricey leggings and athleisure clothing, Lululemon’s sales have struggled in the US as it lost ground to upstart brands and private-label replicas.

Lululemon CEO McDonald to step down, shares rise 10%

LULULEMON Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up about 10 per cent in extended trade on Thursday...

Lululemon’s stock has plummeted more than 50 per cent this year.

Lululemon faces new threat with debut of Nike-Kardashian line

NikeSkims offers lower prices across critical categories such as track jackets, sports bras and leggings

Lululemon, which is known for its pricey leggings,  must win back value-driven shoppers who are spending less and are more willing to try newer brands.

Lululemon’s woes mount on weak demand, Trump trade policies

The retailer now projects sales in the range of US$2.47 billion to US$2.5 billion for Q3, lower than Wall Street has anticipated

Lululemon warned on Thursday that it would take a US$240 million hit this year from President Donald Trump’s decision to end the de minimis exemption and from higher tariffs. 

Lululemon says closure of de minimis hole will crush margin

LULULEMON Athletica says the end of the de minimis exemption will hurt its gross margin more than tariffs.

A Lululemon retail store at Bicester Village in Oxfordshire, Britain, Aug 21, 2024.

Lululemon bets on stars of F1 and golf to move past yoga roots

LULULEMON Athletica is embarking on a big marketing shift by betting on a roster of athletes to help pull the yogawear brand out of a sales rut and grow beyond its downward-facing dog roots.

Lululemon’s stock surged during the pandemic, but has tumbled more than 40 per cent so far this year.

Lululemon founder Chip Wilson pledges stock for US$500 million in loans

The billionaire’s deals will allow him to benefit from any potential share price rebound

Lululemon's Tim Campbell-Scott says: "We see ourselves as more than just an apparel company. We are a community built around movement, mindfulness and well-being."
THE FINISH LINE

Lululemon doubles down on physical expansion in Singapore and across South-east Asia

The apparel brand’s stores are an essential way to connect with customers beyond the online space, says market director Tim Campbell-Scott

In June, Lululemon cut 150 corporate employees after a review of its organisational structure.

Lululemon’s best-selling black leggings pile up at outlet stores

The company has issued disappointing results in two straight quarters and trimmed its outlook for the full year

Lululemon initially tried to be playful about defending its unique looks from imitators. In 2023, it hosted a “dupe swap” in Los Angeles, where customers were encouraged to trade in their knock-offs for the real thing.

Lululemon vs Costco: the fashion copycat fight

The athleisure group is challenging public enthusiasm for ‘dupe’ products