lululemon
Stories tagged lululemon.
Lululemon Q2 comp sales fall 9% as CEO transition looms
Lululemon’s second-quarter earnings missed expectations, with comparable sales sliding 9% and the Americas down 12%. Former Nike executive Heidi O’Neill takes over as CEO on Sept. 8.
Nike and Lululemon face lawsuits over alleged 'phantom discount' pricing
The sportswear giants are accused of listing artificially high regular prices to make sale discounts appear larger, with a California plaintiff claiming Lululemon's tights hadn't been sold at the stated original price for months.
Activewear Consumers Shift Focus to Emerging Brands as Growth Slows
Emerging brands Set Active, 437 and Oner Active are gaining traction with a new generation of consumers as growth slows across the activewear category, challenging established players Lululemon and Nike.
Alo Yoga Poised for IPO Following Sale of Bella+Canvas
The pending sale of its T-shirt business Bella+Canvas positions Alo Yoga for a potential initial public offering, giving founders more flexibility to challenge Lululemon.