Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Vancouver, Canada
Retail
Lululemon Defies Brick-and-Mortar Woes in Plan To Add Stores
The sportswear company said its stores are small, profitable and serve as an anchor for the brand’s loyal customers.
Lululemon Defies Brick-and-Mortar Woes in Plan To Add Stores
The sportswear company said its stores are small, profitable and serve as an anchor for the brand’s loyal customers.
Retail
Bolstered by Lockdown Measures, Lululemon Beats Earnings Estimates
A shift to remote working and at-home exercise around the globe due to the COVID-19 pandemic has increased demand for comfortable athletic clothing.
Bolstered by Lockdown Measures, Lululemon Beats Earnings Estimates
A shift to remote working and at-home exercise around the globe due to the COVID-19 pandemic has increased demand for comfortable athletic clothing.
Retail
Lululemon Revenue Falls Below Analyst Forecasts
Despite a 70 percent surge in online sales, the activewear company's temporarily shuttered stores impacted its performance.
Lululemon Revenue Falls Below Analyst Forecasts
Despite a 70 percent surge in online sales, the activewear company's temporarily shuttered stores impacted its performance.
Retail
Lululemon Capitalises on Activewear Boost as Shares Jump
Analysts predict the activewear company will dominate the market, with shares climbing 92 percent, as consumers working from home prioritise comfort.
Lululemon Capitalises on Activewear Boost as Shares Jump
Analysts predict the activewear company will dominate the market, with shares climbing 92 percent, as consumers working from home prioritise comfort.
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Retail
Lululemon's New Product Investments Hit Holiday Quarter Profit Forecast
The company plans to invest in developing new sports bras and accessories to keep up with the competition and investors' growth expectations.
Lululemon's New Product Investments Hit Holiday Quarter Profit Forecast
The company plans to invest in developing new sports bras and accessories to keep up with the competition and investors' growth expectations.
News & Analysis
Lululemon Shares Jump After Boost in Outlook, Defying Weakness in Apparel Sector
The activewear company’s 10th consecutive profit beat is another sign that demand for $98 yoga pants and $68 men’s tank tops remains strong.
Lululemon Shares Jump After Boost in Outlook, Defying Weakness in Apparel Sector
The activewear company’s 10th consecutive profit beat is another sign that demand for $98 yoga pants and $68 men’s tank tops remains strong.
Retail
How One Canadian Boutique Is Trying to Beat the Retail Slump
As competitors shut down locations and slash costs, the women’s clothing retailer Aritzia is pursuing an alternate strategy.
How One Canadian Boutique Is Trying to Beat the Retail Slump
As competitors shut down locations and slash costs, the women’s clothing retailer Aritzia is pursuing an alternate strategy.
News & Analysis
Lululemon Opens Workout Studio Where Visitors Can Borrow Clothes
The activewear company has always leaned into fitness classes, but this expansion allows it to monetise its experience-based offerings.
Lululemon Opens Workout Studio Where Visitors Can Borrow Clothes
The activewear company has always leaned into fitness classes, but this expansion allows it to monetise its experience-based offerings.
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Retail
Lululemon Closes Menswear-Only Stores
Despite plans to more than double its men’s business in the next five years, the athleticwear company has quietly closed its men’s standalone stores in New York City and Toronto.
Lululemon Closes Menswear-Only Stores
Despite plans to more than double its men’s business in the next five years, the athleticwear company has quietly closed its men’s standalone stores in New York City and Toronto.
News & Analysis
Lululemon Feud With Billionaire Founder Continues
Having stepped down as chairman and threatened a boardroom fight in 2013, Chip Wilson's right to designate a board nominee has been terminated.
Lululemon Feud With Billionaire Founder Continues
Having stepped down as chairman and threatened a boardroom fight in 2013, Chip Wilson's right to designate a board nominee has been terminated.
Beauty
Lululemon to Branch Into Shoes and Self-Care
The yoga pants maker also expects to more than double the size of its revenue from the business segment by 2023.
Lululemon to Branch Into Shoes and Self-Care
The yoga pants maker also expects to more than double the size of its revenue from the business segment by 2023.
News & Analysis
Lululemon to Unveil Growth Plans at First Analyst Day Since 2014
The upscale yogawear maker is hosting its first analyst day since 2014, when it’s expected to share its strategy for the next few years and disclose new financial targets.
Lululemon to Unveil Growth Plans at First Analyst Day Since 2014
The upscale yogawear maker is hosting its first analyst day since 2014, when it’s expected to share its strategy for the next few years and disclose new financial targets.
The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.