Content about Lululemon Athletica

March 21, 2014

Simon Property Group has announced that AllSaints, Pink, lululemon athletica and Free People plan to open stores at San Diego’s Fashion Valley in coming months.

San DiegoSimon Property Group has announced that AllSaints, Pink, lululemon athletica and Free People plan to open stores at San Diego’s Fashion Valley in coming months.

British fashion house, AllSaints will open a 5,200-sq.-ft. space in late March. The international retailer now has 107 stores in eight countries.

March 4, 2014

Think brick-and-mortar retail is doomed in an increasingly digital world? Visit Sephora, where consumers line up to sample the dizzying array of beauty products. Watch as a bunch of excited kids go through the rounds at Build-A-Bear-Workshop. Listen as a pharmacist at Walgreens gives some advice to a harried mom whose kids are coming down with something. Stop in at H-E-B, Whole Foods Market or some other great supermarket and breathe in the tantalizing aromas. Fool around with the latest gadgets at Apple or one of the new generation of AT&T and Verizon stores.

February 20, 2014

Lululemon Athletica Inc. is reportedly ending its ban on customers who have resold its goods on sites such as EBay and Amazon.com from purchasing items on its e-commerce site.

Vancouver, Canada – Lululemon Athletica Inc. is reportedly ending its ban on customers who have resold its goods on sites such as EBay and Amazon.com from purchasing items on its e-commerce site. According to Bloomberg, Lululemon instituted the policy to stop consumers from purchasing and reselling merchandise in bulk, but is rescinding it after a large volume of customer complaints.

January 14, 2014

Christine Day, the outgoing CEO of Lululemon, has been appointed CEO at Luvo, a start-up frozen-food company that focuses on healthy, low calorie, low sodium meals. Day’s appointment is effective April 1.

Atlanta -- Christine Day, the outgoing CEO of Lululemon, has been appointed CEO at Luvo, a start-up frozen-food company that focuses on healthy, low calorie, low sodium meals. Day’s appointment is effective April 1.

December 10, 2013

Lululemon Athletica Inc. named Laurent Potdevin as CEO, and also announced founder Chip Wilson will step down as non-executive chairman.

Vancouver, British Columbia -- Lululemon Athletica Inc. on Tuesday named Laurent Potdevin as CEO, and also announced founder Chip Wilson will step down as non-executive chairman. Potdevin, most recently president of Toms Shoes, will replace Lululemon’s current CEO, Christine Day, in January, and will also become a director at that time. Prior to Toms, he served as president and CEO of Burton Snowboards from 2005 – 2010.

October 30, 2013

Lululemon has named Tara Poseley as chief product officer. She most recently served as president of Kmart Apparel, where she was responsible for the launch of several new product collections to attract a younger and multi-cultural customer.

New York -- Lululemon has named Tara Poseley as chief product officer. She most recently served as president of Kmart Apparel, where she was responsible for the launch of several new product collections to attract a younger and multi-cultural customer.

Previously, she held the position of interim president at Bebe Stores, president of Disney Stores North America (The Children’s Place) and CEO of Design Within Reach (DWR).

In her role at Lululemon, Poseley will oversee the company’s global merchandising and design strategy.

October 29, 2013

In the face of an e-commerce take-­over, brick-and-mortar retailers are flailing to attract Millennials into stores and industry experts are issuing the same old humdrum advice. Marketing gurus instruct retailers to make retail experiences for Millennials feel “personal” and “convenient.”

By Nate Dwyer, Red Peak Branding

August 28, 2013

Urbi et Orbi (The City and The World): The phrase is not just the theme of an annual speech from the Pope, but also summarizes what’s taking place in retail across North America: urbanization and globalization.

Urbi et Orbi (The City and The World): The phrase is not just the theme of an annual speech from the Pope, but also summarizes what’s taking place in retail across North America: urbanization and globalization.  

July 3, 2013

A lawsuit has been filed against Lululemon Athletica, accusing it of defrauding shareholders by hiding defects in yoga pants whose sheerness led to a costly product recall, and concealing talks that led to the sudden departure of its chief executive, Christine Day.

Vancouver, B.C. -- A lawsuit has been filed against Lululemon Athletica, accusing it of defrauding shareholders by hiding defects in yoga pants whose sheerness led to a costly product recall, and concealing talks that led to the sudden departure of its chief executive, Christine Day.  

June 14, 2013

Women’s yoga and activewear retailer Lululemon plans to open freestanding stores for men by 2016, outgoing company CEO Christine Day said during a presentation at a William Blair & Co. conference in Chicago.

New York -- Women’s yoga and activewear retailer Lululemon plans to open freestanding stores for men by 2016, outgoing company CEO Christine Day said during a presentation at a William Blair & Co. conference in Chicago. Day recently announced her plans to retire from the company once a successor is named.

June 10, 2013

Lululemon Athletica Inc. said that its CEO, Christine Day, will step down when a successor is named.

Vancouver, British Columbia -- Lululemon Athletica Inc. on Monday said that its CEO, Christine Day, will step down when a successor is named. The announcement comes some three months after Lululemon, in an embarrassing and very costly snafu, had to pull 17% of its trademarked Luon pants from its store shelves after they were found to be too sheer.

April 4, 2013

Lululemon Athletica Inc. said that chief product officer Sheree Waterson will be leaving Lululemon effective April 15, in what it described as a “leadership change in the product organization.”

Vancouver, British Columbia -- Lululemon Athletica Inc. said that chief product officer Sheree Waterson will be leaving Lululemon effective April 15, in what it described as a “leadership change in the product organization.”

The news comes just weeks after the specialty retailer had to recall its signature Luon-fabric yoga pants from store shelves for being too sheer. The company warned that the move could lead to shortages and dent its profit by up to $40 million this fiscal year.

January 14, 2013

The National Retail Federation's 102nd Annual Convention & Expo, also referred to as Retail's BIG Show, opened on Sunday, with more than 27,000 attendees from more than 70 countries around the globe.

New York -- The National Retail Federation's 102nd Annual Convention & Expo, also referred to as Retail's BIG Show, opened on Sunday, with more than 27,000 attendees from more than 70 countries around the globe. The event, taking place at the Jacob Javits Convention Center in New York City, runs through Jan. 15.

January 8, 2013

Canadian yoga apparel retailer lululemon athletica will open a four-month pop-up location on Third Avenue, between 66th and 67th Streets in Manhattan, according to Douglas Elliman's Retail Group.

New York -- Canadian yoga apparel retailer lululemon athletica will open a four-month pop-up location on Third Ave., between 66th and 67th Streets in Manhattan, according to Douglas Elliman's Retail Group.
 
The former site of a Uniqlo pop-up shop, the space is on a block-front shared by Thierry Rabotin, Bare Escentuals, Caché, Canyon Beachwear and Arden B.

The retailer’s flagship, located across the street from the pop-up site, is currently being renovated, and the temporary location will ensure a continued presence.

December 20, 2012

Executives at Amazon, Kohl’s, Crocs and Lululemon have been named recipients of the National Retail Federation’s annual awards.

Washington, D.C. -- Executives at Amazon, Kohl’s, Crocs and Lululemon have been named recipients of the National Retail Federation’s annual awards. Amazon founder and CEO Jeff Bezos received the Gold Medal Award, recognized for serving the industry with distinction and achieving a national reputation for excellence.

September 19, 2012

Prudential Douglas Elliman's Retail Group said it has arranged a long-term lease for LUMAS Galleries at 1100 Madison Avenue, between 82nd and 83rd Streets.

New York -- Prudential Douglas Elliman's Retail Group said it has arranged a long-term lease for LUMAS Galleries at 1100 Madison Avenue, between 82nd and 83rd Streets.

The German-based art dealer’s only current U.S. location is on West Broadway in SoHo.

LUMAS Galleries is moving into the former City Market Café space, which is surrounded by neighboring businesses such as Jonathan Adler, Peter Elliot, Lululemon, Coach, Alexis Bittar, Theory and Tumi.

 

July 26, 2012

WS Development announced that Lululemon Athletica has signed a lease to join the Chestnut Hill Shopping Center, in Chestnut Hill, Mass.

Chestnut Hill, Mass. -- WS Development announced that Lululemon Athletica has signed a lease to join the Chestnut Hill Shopping Center, in Chestnut Hill, Mass.

The 3,100-sq.-ft. lululemon joins other new signings at the 406,000-sq.-ft. center, including Pottery Barn, The Sports Club/LA, Cinema de Lux, Polarn O. Pyret, Shake Shack, Pinkberry, Treat Cupcake Bar, and gourmet Asian restaurant Bernard’s.
 

July 26, 2012

WS Development announced that Lululemon Athletica has signed a lease to join the Chestnut Hill Shopping Center, in Chestnut Hill, Mass.

Chestnut Hill, Mass. -- WS Development announced that Lululemon Athletica has signed a lease to join the Chestnut Hill Shopping Center, in Chestnut Hill, Mass.

The 3,100-sq.-ft. lululemon joins other new signings at the 406,000-sq.-ft. center, including Pottery Barn, The Sports Club/LA, Cinema de Lux, Polarn O. Pyret, Shake Shack, Pinkberry, Treat Cupcake Bar, and gourmet Asian restaurant Bernard’s.
 

June 7, 2012

Lululemon Athletic Inc. reported that profit for the fiscal first quarter surged 40% to $46.4 million, compared with $33.4 million last year, but lowered second quarter and full-year forecasts have alarmed investors.

Vancouver, BC, Canada -- Lululemon Athletic Inc. reported Thursday that profit for the fiscal first quarter surged 40% to $46.4 million, compared with $33.4 million last year, but lowered second quarter and full-year forecasts have alarmed investors.

Revenue for the quarter surged 53% to $285.7 million, beating Wall Street’s expected $274 million, and same-store sales rose 25%. Online sales nearly tripled in the quarter.

March 23, 2012

Lululemon Athletica Inc.’s income rose 34.2% to $73.5 million for the three months ended Jan. 29, from $54.8 million in the year ago period.

New York --  Lululemon Athletica Inc.’s income rose 34.2% to $73.5 million for the three months ended Jan. 29, from $54.8 million in the year ago period.

Revenue in the fourth quarter was up 51.4% to $371.5 million, from $245.4 million. Same-store sales increased 26%.

For the year, sales rose 40.6% to $1 billion. Profits were up 51.1% to $184.1 million.
 

January 9, 2012

Lululemon Athletica said on Friday that Dennis J. Wilson, its founder and former CEO, would step down from his current position as chief innovation and branding officer of the yogawear company at the end of January.

New York City -- Lululemon Athletica said on Friday that Dennis J. Wilson, its founder and former CEO, would step down from his current position as chief innovation and branding officer of the yogawear company at the end of January.

Wilson will remain as chairman.

November 18, 2011

The Finish Line announced that Chris Ladd will join the company Nov. 21 as executive VP, chief digital officer.

Indianapolis -- The Finish Line announced that Chris Ladd will join the company Nov. 21 as executive VP, chief digital officer. Ladd’s responsibilities will include providing vision, leadership and strategy to develop and implement initiatives across the enterprise including digital and mobile commerce, social media and other key components of the multichannel experience.

He comes to Finish Line from Lululemon, a 150-store specialty retailer of yoga-inspired athletic apparel, where he served as senior VP, Global Ecommerce.

October 12, 2011

In past columns, I have talked about restaurant group think and the tendency of dining concepts to overfill a niche.

In past columns, I have talked about restaurant group think and the tendency of dining concepts to overfill a niche. I’m becoming concerned that athletic apparel is in danger of the same thing. We now have three big players in this space: Lululemon, Lucy, and, more recently, Gap’s new Athleta concept. It seems that each has successfully carved out a lucrative niche in the world of contemporary athletic apparel, but it feels to me like it may be the latest retail “trend-du-jour.”

July 18, 2011

Indianapolis-based Simon Property Group announced Monday that lululemon athletica will grand-open a new store at Town Center at Boca Raton on July 22.

Boca Raton, Fla. — Indianapolis-based Simon Property Group announced Monday that lululemon athletica will grand-open a new store at Town Center at Boca Raton on July 22.

March 7, 2011

A flurry of good news during the past several months has given the retail industry newfound confidence that the worst is finally behind them.

A flurry of good news during the past several months has given the retail industry newfound confidence that the worst is finally behind them. They aren’t the only ones. At press time came word that U.S. consumer confidence had risen to its highest level in three years, coming in at 77.5 on the closely watched Thomson Reuters/University of Michigan overall index on consumer sentiment. That’s up from 74.2 in January, and is the highest reading since January 2008.