by Lilah Burke | Sep 23, 2024
The mall has a new leader. Goodbye, Lululemon. Hello, Abercrombie. After soaring early in the pandemic, sportswear companies including Lululemon have stopped growing, hitting their stock prices hard. The company, once the darling of the pandemic market, has seen its...
by Minji Koo | Dec 17, 2020
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...
by Minji Koo | Oct 30, 2020
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...
by Minji Koo | Oct 10, 2020
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...
by Malique Morris | Sep 27, 2020
A cluster of stocks in the apparel sector – companies that capitalized on the uptick in online shopping during the COVID-19 pandemic – are riding the tech wave. From April 1 to September 1, Lululemon’s stock jumped 113%, The Real Real had a 158% surge and the Gap Inc....
