Lululemon announces strong fourth quarter and full year earnings results
The company achieved record revenue of $1.79 billion for fiscal 2018, exceeding expectations across all key financial metrics and growth pillars.
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Latest news in Apparel & Accessories Retailers
Company announcements
lululemon announces Power of Three 2 five-year growth plan
The company aims to double business revenue to $12.5 billion by doubling men's and digital categories and quadrupling international expansion.
lululemon reports Q4 earnings exceeding expectations with strong growth metrics
The company achieved $928.8M in net revenue, driven by 11% combined comp sales increases and digital revenue growth of 42%.
Lululemon reports Q2 fiscal 2020 earnings
Total revenue rose 2% to $902.9 million driven by a 155% surge in e-commerce sales despite pandemic-related store closures and lower foot traffic.
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Media coverage
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia's quest to hit $10.5 billion CAD ($7.5 billion).
Aritzia Defies North American Consumer Slump With 44% Q2 Revenue Jump, Unveils Fiscal 2032 Growth Plan
Aritzia Inc. (TSX: ATZ) delivered sharp second-quarter revenue and profit growth driven by robust U.S. demand, standing out against a backdrop of cooling North American...
Frasers Pushes Hugo Boss Stake Over 50% and Takes Control
Frasers Group Plc said that German luxury brand Hugo Boss will come a subsidiary of the UK conglomerate after it pushed its ownership stake past...
Fast-fashion group Shein agrees to pay $100 million to settle US FTC probe
Chinese fast-fashion giant Shein has agreed to pay $100 million to settle an investigation by the US Federal Trade Commission over delivery delays and other...
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