Lululemon climbed as much as 6% on Thursday and closed at $US386.07 during its fourth straight day of gains following its strong earnings report last week. The athletic apparel company’s revenue increased 22% year over year, and direct to consumer revenue increased 94%. Bank of America said the increase offset […]
Hi! Welcome to the Insider Advertising daily for December 14. I’m Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at
[email protected] First: We want to hear from public relations executives. Please take our […]
Lululemon exceeded investor expectations in the second quarter of 2020, reporting a comparable sales increase of 2% and e-commerce sales that rose a whopping 157%. Lululemon CEO Calvin McDonald said the brand has proven “ideal for enabling the work-from-home and versatile lifestyle that has grown exponentially” during the pandemic. The […]
Lululemon quietly launched a five-day online warehouse sale – a rare move for a company that almost never discounts its products. While analysts have praised its lack of discounting in the past, a group of Barclays analysts said on Thursday that in light of COVID-19, the sale makes good business […]
Lululemon has agreed to acquire the exercise-tech startup Mirror for $US500 million, the company announced on Monday. The athletic-apparel company invested in the startup last year and has a content partnership with the it. Mirror sells a $US1,500 device of the same name that allows customers to participate in fitness […]
Lululemon reported its first-quarter earnings results on Thursday – sales fell by 17% overall despite strong growth online. Despite weakness in the first quarter, analysts say that it could emerge stronger than ever post-lockdown thanks to an upcoming fitness and wellness boom. “The good news is this is a health […]
Dozens of fast-food chains, retailers, and brands have spoken out against racial injustice in posts on social media over the past week. Many are now taking it a step further by donating hundreds of thousands or even millions of dollars to racial justice organisations. Amazon, H&M, McDonald’s, and Gap Inc […]
Lululemon said it wouldn’t be accepting cash as it reopens stores. Public health officials have said they believe cash could contribute to the spread of the novel coronavirus. But, some cities and states across the US have banned cashless stores, as millions of Americans do not have a checking or […]
Lululemon has issued a formal apology after one of its art directors promoted a link to a T-shirt on social media that was called out for being racist. The T-shirt was called “bat fried rice” and printed with images of bat-winged chopsticks and a takeout box with the words “No […]
A spate of US retailers have announced they will temporarily close their doors for at least the next two weeks to prevent the spread of the coronavirus in the US. Most of these companies – which range from mall brands like Urban Outfitters to major athletic retailers like Nike – […]
Lululemon on Monday raised its fourth-quarter fiscal 2019 revenue and earnings guidance after a solid holiday period. Shares of the retailer surged as much as 3.6% to a fresh all-time high. The athleisure retailer’s strong performance comes amid mixed holiday sales reports from other retailers. It builds on a strong […]
Target is launching an activewear brand, the company announced in a Thursday press release. The All in Motion brand will be available online and in stores this month and will include sustainably sourced clothes in a wide range of sizes. Target expects the business to generate $US1 billion in its […]
The 2010s have been a devastating decade for retail as stores and malls have continued to close at record high rates across the US. More than 9,300 stores are expected to close in 2019 alone, following thousands of closings in 2017 and 2018. We took a look at some of […]
Away’s cofounder Steph Korey is out as CEO after an explosive report into the company’s culture. On Monday, Away announced that the Lululemon executive Stuart Haselden would replace Korey as the company’s CEO, effective January 13. The news follows an investigation published by The Verge last week on the company’s […]
Lululemon has traditionally kept discounting to a minimum, but new data shows that in the past year the level and depth of its discounting has crept up. Analysts say this is a concerning trend that could impact the company’s margins down the line, which could knock its share price. While […]
Mirror, the New York-based startup that makes an interactive workout mirror, announced Wednesday that it had raised $US34 million in a new round of funding led by the hedge fund Point72. Lululemon and Karlie Kloss also invested in this round. Mirror also announced that it would be partnering with Lululemon […]
Piper Jaffray surveyed 9,500 teens across the United States to find out how they spend their money. The report showed that, overall, teens are choosing to spend more on food than on anything else. When it comes to apparel, athletic and streetwear continue to dominate. Here are their top 10 […]
Lululemon soared as much as 6% in early Friday trading after beating analysts’ second-quarter estimates and boosting its guidance for yearly profits. The athletic apparel company posted a 35% growth in men’s sales. An April announcement revealed the company hopes to double men’s and online sales over the next five […]
Retail isn’t immune to some truly terrifying crimes. Over the decades, a number of high-profile cases have emerged concerning retail establishments. The details of these crimes are disturbing. Sign up for Business Insider’s retail newsletter, The Drive-Thru. Visit Business Insider’s homepage for more stories. We’d all like to think we’re […]
Depending on where you work, you could have access to a number of employee health and fitness perks. From free fitness classes to on-site gyms and complimentary pressed juices, these companies are taking employee fitness perks to a whole other level. Here are 13 companies with incredible employee health and […]
Morgan Stanley estimates that 45% of prime working-age women will be single by 2030, up from 41% in 2018. This growing cohort is expected to drive spending growth on categories including clothing, shoes, personal care, restaurants, and luxury and electric vehicles. Nike and Lululemon are among the companies that will […]
Lululemon, the Canada-based athletic retailer, continues to impress investors with strong sales. The company reported a 14% increase in same-store sales in the first quarter of 2019. Meanwhile, Athleta has been a bright spot for its struggling parent company,Gap Inc. “Athleta continues to be one of North America’s fastest growing […]
Lululemon shares jumped late Wednesday after the retailer reported better-than-expected first-quarter results. Profits and revenue topped analysts’ expectations, though guidance came in lower than expected. Shares have risen 40% this year, handily outperforming the broader market. Watch Lululemon trade live. Lululemon reported a second-straight quarter that impressed investors, sending shares […]
Lululemon’sCEO, Calvin McDonald, announced Wednesday that the company plans to enter the footwear market in 2019. Lululemon’s bread and butter has long been women’s yoga pants and workout clothing, but it is increasingly diversifying into new categories as competition in the market heats up. This includes a push into menswear, […]
Lululemon’s bread and butter has long been women’s yoga pants and workout clothing, but increasingly it is diversifying into new categories as competition in the market heats up. This includes a push into men’s wear, an Amazon Prime-style membership program, and most recently selling upscale self-care products online and in […]
Lululemon Athletica was set to open at a record high Thursday after its fourth-quarter report beat across the board. Thursday’s Q4 revenue number topped the company’s preannounced guidance from January. Lululemon shares were trading up nearly 14% ahead of Thursday’s opening bell. Watch Lululemon Athletica trade live. Lululemon Athletica shares […]
Lululemon reported fourth-quarter and full-year 2018 earnings on Wednesday. CEO Calvin McDonald said this was one of its strongest years to date. Lululemon’s success signals that the athleisure trend has no signs of fading out just yet and that it continues to be a market leader despite increased competition in […]
Lululemon is scheduled to report fourth-quarter and full-year earnings results following Wednesday’s closing bell. Back in January, Lululemon preannounced the results. Shares of the athletic-apparel retailer have soared 73% over the past year, outpacing peers like Under Armour and Nike. Watch Lululemon trade live. Analysts were optimistic about Lululemon‘s fourth-quarter […]
The flagship store as we know it is changing. Experts say that large flagship stores that do not offer exciting and engaging experiences are no longer effective marketing tools for brands. Here’s how the flagship store will likely change in the future. In today’s shopping environment, no store is safe, […]
Menswear is very much in vogue. Business intelligence firm Gartner L2 estimates that sales of menswear will outpace those of womenswear over the next two years. Nike,Lululemon, and Madewell have all rolled out new menswear collections in recent months. Menswear is having its moment in the spotlight. This week, Nike […]
Nike officially launched its new yoga collection this week. The collection features both men’s and women’s wear and includes a mix of workout pants, tops, underwear, and sweatshirts. The apparel has an air of Lululemon, but it is significantly cheaper than its rival. Nike officially launched its new yoga collection […]
Lululemon helped pioneer athleisure, but as competition heats up, the brand has been getting creative to attract and retain customers. Most recently, Lululemon is jumping on the popular cosy trend by teaming up with Penguin Random House to create a mini-library in its HUB Seventeen community space. The cosy trend […]
Nike is launching a new men’s yoga collection to cash in on a booming menswear market. Traditionally, the menswear market has come second to womenswear, but new data indicates that it is now on track to outgrow womenswear in the next two years. Lululemon, whose bread and butter has long […]
Lululemon announced on Thursday that it has been testing a new loyalty program in Edmonton, Canada. For a $US128 annual fee, members are given a free pair of training pants or shorts, access to classes, and free shipping for online orders. CEO Calvin McDonald said this new program will be […]
Lululemon founder Chip Wilson reveals in a new tell-all book that Gap,Victoria’s Secret, and Liz Claiborne made bids to acquire the company in the early 2000s. Wilson criticised Gap’s $US200 million buyout offer, writing that it was “inadequate” and that at the time, the company was “sucking on all cylinders.” […]
Chip Wilson, the founder of Lululemon, is an expert at spotting trends many years before they become a reality. His predictions about athletic clothing spawned the fashion trend known as athleisure: apparel designed for exercise worn outside the gym. When asked to predict the next big trend in clothing, Wilson […]
Lululemon founder Chip Wilson has written a new tell-all book called “Little Black Stretchy Pants,” which will be released on October 16. In it, he reveals that he and Lululemon met with Under Armour representatives about a possible acquisition in 2008. Wilson writes that he ultimately decided against acquiring the […]
Chip Wilson built Lululemon into one of the most successful women’s clothing brands in the world. “Each day I walked into the office and asked myself, ‘If I had to compete against Lululemon, what would I do?'” Wilson writes in his new tell-all book, “Little Black Stretchy Pants,” which will […]
Lululemon’s founder, Chip Wilson, takes a controversial stance on child labour in his new ebook, saying he isn’t necessarily opposed to the practice. In the book, titled “Little Black Stretchy Pants,” Wilson writes that he likes the alternative of working when children are “not ‘school material.'” The father of five […]
Lululemon founder Chip Wilson has published a tell-all ebook that eviscerates the company’s current and former directors and chief executives. In the book, titled “Little Black Stretchy Pants,” Wilson writes that Lululemon “self-imploded” by allegedly lowering investments in quality control and focusing too heavily on strategies that would drive up […]
Gap has launched a new men’s athletic wear brand called Hill City, which has an average price point of $US80. The company is doubling down on athletic wear to boost sales as it continues to be a bright spot in the apparel industry. Lululemon is also focusing on men’s clothing. […]
Lululemon founder Chip Wilson is now one of the 500 richest people in the world. His fortune hit $US3.9 billion thanks to a 15% surge in shares of the company. He stepped down from the board in 2015, but still owns a 13% stake in the activewear brand. Wilson is […]
Lululemon AthleticaCEO Calvin McDonald emphasised similarities between his previous employer Sephora and his new company on its second-quarter earnings call. The company is ready to seize opportunity to expand internationally The retailer delivered strong second-quarter earnings and raised full-year guidance. Watch Lululemon Athletica trade in real-time here. Lululemon Athletica‘s new […]
Lululemon said during its most recent earnings call that 30% of its new customers in the quarter were male. The brand has had success with its men’s casual clothing line, which includes $US88 chino shorts and $US128 stretchy pants. It is doubling down on its effort to transform men’s into […]
Lululemon keeps discounting to a minimum. Analysts say this is why the brand has been successful, as its customers are not hooked on discounts and are more likely to pay full price. Heavy discounting eats into profit margins and can create a tricky cycle for retailers. Lululemon keeps discounting to […]
Lululemon beat on earnings Thursday. The athletic-apparel retailer is capturing more of the retail market, in part because of strong digital sales. The stock is soaring Thursday. Watch Lululemon trade in real time here. Lululemon’s positive earnings report Thursday signifies it could be in for some good times ahead. The […]
Doctors are warning patients not to wear spandex clothing when coming in for a magnetic resonance imaging (MRI) procedure. Fabrics that use spandex often have metallic threads that could react with the machine and cause burns on patients. Radiologists and hospitals are now banning all athleisure during MRIs, and some […]
US consumers are ditching denim in favour of stretchy pants. According to data from the US Census Bureau, reported by Quartz, US imports of stretchy knit pants exceeded those of blue denim jeans in the US in 2017. This is being driven by a trend towards wearing athleisure ware. American […]
LululemonCEO Laurent Potdevin resigned suddenly earlier this month. The company released a statement suggesting that Potdevin had engaged in poor conduct but did not confirm exactly what had happened. New evidence provided by current and former employees suggests that Potdevin created a “toxic” working environment. Lululemon’s former CEO, Laurent Potdevin, […]
Lululemon‘s CEO abruptly resigned Monday. The company released a statement suggesting he had engaged in poor conduct. It is now searching for a replacement CEO but will be run by three members of senior management during the interim period. Analysts say industry veteran Stefan Larsson is the frontrunner for the […]
LululemonCEO Laurent Potdevin resigned suddenly on Monday. The company released a statement suggesting that Potdevin engaged in poor conduct. CNBC reported on Wednesday that his resignation could be linked to his relationship with a female designer. Souces familiar with the matter confirmed this to Business Insider. The mystery of Lululemon’s […]
Lululemon CEO Laurent Potdevin has resigned effective immediately. Lululemon released a statement suggesting that Potdevin engaged in poor conduct. The chief executive’s departure is a “blow” to Lululemon at a critical time for the company, according to Neil Saunders, managing director of the retail consulting firm GlobalData Retail. Lululemon CEO […]
A lawsuit claims that former Lululemon worker Shayla Famouri was raped by her boss, Philip Silva, and that when she reported the assault to the company, she was encouraged to resign. The lawsuit also claims that Lululemon was aware of other complaints against Silva prior to the rape, and that […]
Lululemon is rising after reporting an earnings beat. The company outperformed some of its rivals in the athletic-apparel space. Watch the company’s stock price move in real time here. Lululemon released its third-quarter earnings after Wednesday’s closing bell and beat on the top and bottom lines, sending shares higher by […]
Lululemon beat on both the top and bottom lines. The company raised its full-year 2017 adjusted earnings per share guidance. Shares climbed more than 7% on the results. Lululemon shares climbed more than 7% in after-hours trading on Wednesday after the company reported better than expected top and bottom line […]
Nike is launching 5,000 women's-focused "pants...
Amazon is apparently getting into...
Though trends have shown athleisure declining...
Lululemon gained as much as 8% in extended...
Lululemon shares fell by as much as 16% in...
Amazon Web Services has become so powerful that...
Under Armour's status as the golden child of...
VIDEO: Lululemon is a go-to brand for women's yoga and fitness wear. The athleisure giant also offers menswear, including the ABC, or anti-ball crushing pants.
VIDEO: Athleisure brand ADAY has a 2,000 person waiting list for their $125 Throw and Roll leggings.
Lululemon shares jumped by as much as 12% in...
Victoria's Secret's discounts used to be mostly...
The popularity of leggings has long been...
Lululemon delivered its second quarter...
VIDEO: Athleisure brand ADAY has a 2,000 person waiting list for their $125 Throw and Roll leggings.
Is this end of the athleisure?
Jan Rogers...
Lululemon has raised its prices in Canada, and...
Have we hit peak activewear?
There are several...
It used to be that Lululemon was synonymous...
Lululemon Athletica, which makes high end...
Lululemon may have a problem on its hands...
Millennials are tricky customers...
Earlier this week, people were wondering what...
The Street has set off a wave of...
Lululemon wants men to love its clothing...
On the surface, Lululemon had a great week.
It...
Lululemon is heavily pushing its men's...
Guys, we've talked about this.
After...
Lululemon founder Chip Wilson thinks athleisure...
VIDEO: We spoke with Lululemon founder Chip Wilson about his concerns with the company
Lululemon founder Chip Wilson is not happy...
Notorious Lululemon founder Chip Wilson...
Just in time for Mother's Day...
Outdoor Voices wants to be everything that Nike...
VIDEO: Lululemon is a go-to brand for women's yoga and fitness wear. The athleisure giant also offers menswear, including the ABC, or anti-ball crushing pants.
Athleta is encroaching in on Lululemon's turf...
Teens are an ever-important demographic.
Piper...
Lululemon is not the growth story it seems to...
Beyoncé just introduced her new...
1. Chipotle might be launching a burger...
1. McDonald's is bringing out a new weapon...
Lululemon's sales are soaring.
For fiscal 2015...
Lululemon had an impressive 2015.
The company...
Lululemon reported higher-than-expected...
The retail industry is struggling.
But Morgan...
1. Consumers have a new mentality that is...
« Previous Page —
Next Page »