Lululemon

• Lululemon sees margin squeeze as inflation bites, shares fall

  Lululemon 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.

  Money

  Jan 9
  
• Lululemon shares down in holiday quarter as consumers curb spending

  The 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.

  Consumer

  Dec 8, 2022
  
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• Lululemon settles lawsuit against Peloton over alleged patent infringement

  A notice of voluntary dismissal filed in a California court today says the companies have negotiated a "mutually agreeable settlement" of the trademark dispute.

  Consumer

  Sep 30, 2022
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• Lululemon founder Chip Wilson donates $100M to B.C. Parks Foundation

  The donation is being put to work right away in three ecosystems: Falling Creek Sanctuary, Teit’s Sanctuary and Bourguiba Springs.

  Canada

  Sep 15, 2022
• Lululemon revenues jump 29% in Q2 as sales soar across online, international segments

  The 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.

  Consumer

  Sep 1, 2022
• Lululemon launches workout hijabs, netting 5-star reviews from early purchasers

  Two workout hijabs have already been launched by Lululemon with a third model expected to be released later this year.

  Lifestyle

  Jun 20, 2022
• Lululemon raises full-year earnings forecast as athleisure demand remains strong

  Lululemon 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.

  Consumer

  Jun 2, 2022
• Winter Olympics: Team Canada fans outraged over $68 Lululemon red mittens

  Many say the price of Team Canada merchandise is too high this year after Lululemon took over as official Olympic outfitters for Canadian athletes.

  Consumer

  Feb 8, 2022
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• Nike sues Lululemon for patent infringement over Mirror home gym

  Nike claims Lululemon's electronic device for streaming workout classes and its accompanying mobile applications violate Nike's "robust portfolio of patents."

  Money

  Jan 11, 2022
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• Omicron expected to fuel workplace ‘absenteeism’ in January as cases surge

  The Omicron variant's rapid spread will only make it harder for Canadian businesses to find staff in January, one senior economist is warning.

  Economy

  Jan 10, 2022