Content about Lululemon athletica

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

NRF ‘BIG Show’ gets underway

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

lululemon athletica to open pop-up on Upper East Side

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

Amazon and Kohl’s execs among those honored by NRF

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

LUMAS Galleries to open second U.S. store

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

Lululemon to join Chestnut Hill

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

Lululemon to join Chestnut Hill

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.

June 7, 2012

Lululemon 1Q profit rises 40%, outlook disappoints

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 Q4 profit up 34.2%; same-store sales jump 26%

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 founder stepping back

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

Finish Line appoints digital chief

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

That’s a Stretch

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

Lululemon athletica to open at Town Center at Boca Raton

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

Shift to  Expansion

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.  

December 10, 2010

Lululemon athletica sales and profits soar in Q3

Yoga apparel retailer and manufacturer Lululemon athletica reported Thursday that net income for the quarter ended Oct. 31 rose to $25.7 million, compared with $14.1 million in the year-ago period.

Vancouver, British Columbia -- Yoga apparel retailer and manufacturer Lululemon athletica reported Thursday that net income for the quarter ended Oct. 31 rose to $25.7 million, compared with $14.1 million in the year-ago period.

Net revenue surged 56% to $175.8 million, from $112.9 million. Same-store sales increased 29%.

The company operates 134 stores in North America and Australia.

August 31, 2010

Ten “Healthiest” Retailers

For the second consecutive year, The study,...

June 23, 2010

Report: Amazon, Aeropostale and Urban Outfitters ranked tops in financial health

Amazon.com came out on top for the second consecutive year, in an annual ...

March 28, 2010

Charla’s Place to open at Plaza El Segundo

Charla’s Place will open on May 1 at Plaza El Segundo....

March 24, 2010