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lululemon

🌎 lululemon.com

lululemon is a healthy lifestyle inspired athletic apparel company based in Vancouver, BC, specializing in technical apparel for yoga, running, training, and other athletic pursuits. The company focuses on creating transformational products and experiences that enable people to live a life they love, while also engaging with local communities for continuous product feedback and innovation.

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Updates as of Oct 08, 2024

• lululemon now releases new gear every Tuesday.
• A federal judge denied lululemon's request to pause Nike's patent infringement lawsuit regarding fabric design.
• lululemon is now selling blazers, satin pleated skirts, and dress pants.
• JP Morgan analyst Matthew R. Boss expects lululemon's international revenues to grow over 30% annually in FY24 and into FY25/26, driven by China and other global markets, resulting in a 35% revenue CAGR by 2026.
• lululemon reported a 34% year-over-year increase in second-quarter revenue for Mainland China, reaching $314.2 million, with same-store sales up 21%.

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