Hints and tips:
...Shares wilted in the next few days, to the tune of 14 per cent in Lululemon’s case....
...The comments briefly left Lululemon out of fashion. But that firestorm is a distant memory. Lululemon is a rare retail beast....
...In another challenge, higher-end Fila, which accounted for around 40 per cent of revenue in the first half of 2023, is coming under pressure from incomers like Lululemon Athletica, Hoka and On Running....
...Athletica Q4, M&G FY, Next FY, Nike Q3 Friday Competition and Markets Authority deadline for decision for its Phase 1 investigation into the anticipated joint venture between Vodafone and CK Hutchison...
...Lululemon Athletica warned of further margin pressure coming out of the holiday shopping season, sending shares down almost 13 per cent in premarket trading....
...Today, Nike finds itself in a different funk: revenue growth is slowing, other newer brands like Hoka, Lululemon, and On Running are eating into its market share, and the $51bn global colossus is cutting...
...Athletica Q2, Pernod Ricard FY, UBS Q2 Friday Dirk Hahn becomes Hays chief executive, succeeding Alistair Cox Gerry Murphy joins Tesco as non-executive chair, succeeding John Allan, who stepped down...
...Lululemon Athletica reports on Thursday and Carl Zeiss Meditec on Friday....
...By default, I’ve ended up with a workout wardrobe of mostly Lululemon....
...Lululemon’s inventory was up 85 per cent year on year, but its comparable sales were up 23 per cent. Others are having to discount aggressively....
...Athletica’s margin guidance for its current quarter included 1.5 percentage points of “pressure from air freight costs due to port congestion and capacity constraints”....
...house-check moment — came, in my opinion, during the pandemic, when lockdown meant we had no reason to show off our clothes any more, and wearing anything more glamorous than a pair of black pique trousers from Lululemon...
...Corporate earnings Canadian athleisure brand Lululemon Athletica publishes first-quarter results while US food processing company Hormel Food reports second-quarter results....
...Athletica Q1 Friday EU, April retail trade data France, April industrial production index figures Germany, April trade balance data Eurozone, France, Germany, Japan, US: S&P Global services sector...
...Lululemon Athletica has been having a good pandemic, and analysts expect the good news to continue when the company reports third-quarter results on Thursday....
...Yoga-wear maker Lululemon’s acquisition of Peloton rival Mirror offers a cautionary tale. The company cut its sales forecast for Mirror — which it bought in 2020 for $500mn — in December....
...“A large percentage of them are not aware of Lululemon, or if they are they think of it as a female yoga brand,” Mr McDonald said, adding that Lululemon was “broader than just yoga”....
...Already, companies including Lululemon Athletica, McDonald’s and Chevron have partnered with fintech companies such as Upstreet and Bumped to rebate to customers a small percentage of purchases in the form...
...That compares to 38 times for Japan’s Fast Retailing, which owns Uniqlo, and 56 times for the luxury yoga pants maker Lululemon....
...But it is also one dominated by the likes of Nike, Lululemon and Under Armour....
...Plus, SoftBank has filed to raise up to $604m from investors for its first blank-cheque listing, and upscale sportswear company Lululemon is making a push into overseas markets....
...Lululemon itself at 10 times. But a time when retailers are still hoarding cash, Lululemon is making a bet that the Mirror will not crack....
...If anything, it’s really accelerating at the moment and Lululemon is at the heart of it.”...
...Lululemon, the yogawear specialist, has agreed to pay $500m to buy Mirror, a home-workout equipment company backed by hedge fund manager Steve Cohen....
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