Lululemon | Times Square Investment Journal

Lululemon Grows Fast But Its Rivals Do Not Stay Stagnant

Anne Howard, a mother of two teenage daughters in San Francisco, said she was a loyal Lululemon customer and enjoyed shopping at a store near her home. But when she bought a gift for her husband this holiday, she chose Nike jerseys because the No. 1 pick for her...

Lululemon Offset Brick-and-Mortar Losses Amid the Pandemic With Robust Online Sales

Lululemon on Dec.10 reported $1.1 billion in sales in its third quarter, which ended Nov.1. With sales up 22% from the same period the year before, the company again beat analysts’ estimates — no surprise, given soaring demand for comfortable clothes and the huge...

Well-Timed Mirror Purchase Catapults Lululemon Beyond Athleisure

With the pandemic upending the fitness industry, Lululemon bought Mirror, a home workout startup, at just the right time. But even after the public health concerns go away, Lululemon’s purchase of Mirror in late June will remain key to attracting more customers. As...

Even in Pandemic, Lululemon Expands Stores

While many retailers are cutting back or even going out of business in the pandemic’s economic downturn, Lululemon Athletica is the rare exception with plans to open 30 to 35 new stores by the end of 2020. The continuing work-at-home environment has accelerated the...

Fitness companies are beating the stock market as investors and consumers turn to sporting and fitness brands

During coronavirus, many fitness companies’ stocks have skyrocketed as investors bet on companies that could potentially profit during the pandemic and consumers sought out different ways to stay healthy. Peloton, seen by many investors as the star of the coronavirus...