Lululemon
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Lululemon sees margin squeeze as inflation bites, shares fallLululemon said it expects holiday quarter gross margins to decline as the apparel maker grapples with increased costs amid a drop in consumer spending due to high inflation.MoneyJan 9
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Lululemon shares down in holiday quarter as consumers curb spendingThe company now expects full-year 2022 revenue between $7.94 billion and $7.99 billion, up from prior forecast of $7.87 billion to $7.94 billion.ConsumerDec 8, 2022
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Lululemon settles lawsuit against Peloton over alleged patent infringementA notice of voluntary dismissal filed in a California court today says the companies have negotiated a "mutually agreeable settlement" of the trademark dispute.ConsumerSep 30, 2022
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Lululemon founder Chip Wilson donates $100M to B.C. Parks FoundationThe donation is being put to work right away in three ecosystems: Falling Creek Sanctuary, Teit’s Sanctuary and Bourguiba Springs.CanadaSep 15, 2022
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Lululemon revenues jump 29% in Q2 as sales soar across online, international segmentsThe Vancouver-based athletic clothing company, which reports in U.S. dollars, says it had revenue of US$1.9 billion for the quarter ending July 31.ConsumerSep 1, 2022
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Lululemon launches workout hijabs, netting 5-star reviews from early purchasersTwo workout hijabs have already been launched by Lululemon with a third model expected to be released later this year.LifestyleJun 20, 2022
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Lululemon raises full-year earnings forecast as athleisure demand remains strongLululemon Athletica LULU.O raised its full-year revenue and profit forecast, as demand for its high-priced yoga pants and running shorts from U.S. customers remains strong.ConsumerJun 2, 2022
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Winter Olympics: Team Canada fans outraged over $68 Lululemon red mittensMany say the price of Team Canada merchandise is too high this year after Lululemon took over as official Olympic outfitters for Canadian athletes.ConsumerFeb 8, 2022
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Nike sues Lululemon for patent infringement over Mirror home gymNike claims Lululemon's electronic device for streaming workout classes and its accompanying mobile applications violate Nike's "robust portfolio of patents."MoneyJan 11, 2022
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Omicron expected to fuel workplace ‘absenteeism’ in January as cases surgeThe Omicron variant's rapid spread will only make it harder for Canadian businesses to find staff in January, one senior economist is warning.EconomyJan 10, 2022
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