Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Vancouver, Canada
Retail
Lululemon Defies Brick-and-Mortar Woes in Plan To Add Stores
The sportswear company said its stores are small, profitable and serve as an anchor for the brand’s loyal customers.
Lululemon Defies Brick-and-Mortar Woes in Plan To Add Stores
The sportswear company said its stores are small, profitable and serve as an anchor for the brand’s loyal customers.
Retail
Bolstered by Lockdown Measures, Lululemon Beats Earnings Estimates
A shift to remote working and at-home exercise around the globe due to the COVID-19 pandemic has increased demand for comfortable athletic clothing.
Bolstered by Lockdown Measures, Lululemon Beats Earnings Estimates
A shift to remote working and at-home exercise around the globe due to the COVID-19 pandemic has increased demand for comfortable athletic clothing.
Retail
Lululemon Revenue Falls Below Analyst Forecasts
Despite a 70 percent surge in online sales, the activewear company's temporarily shuttered stores impacted its performance.
Lululemon Revenue Falls Below Analyst Forecasts
Despite a 70 percent surge in online sales, the activewear company's temporarily shuttered stores impacted its performance.
Retail
Lululemon Capitalises on Activewear Boost as Shares Jump
Analysts predict the activewear company will dominate the market, with shares climbing 92 percent, as consumers working from home prioritise comfort.
Lululemon Capitalises on Activewear Boost as Shares Jump
Analysts predict the activewear company will dominate the market, with shares climbing 92 percent, as consumers working from home prioritise comfort.
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Retail
Lululemon's New Product Investments Hit Holiday Quarter Profit Forecast
The company plans to invest in developing new sports bras and accessories to keep up with the competition and investors' growth expectations.
Lululemon's New Product Investments Hit Holiday Quarter Profit Forecast
The company plans to invest in developing new sports bras and accessories to keep up with the competition and investors' growth expectations.
News & Analysis
Lululemon Shares Jump After Boost in Outlook, Defying Weakness in Apparel Sector
The activewear company’s 10th consecutive profit beat is another sign that demand for $98 yoga pants and $68 men’s tank tops remains strong.
Lululemon Shares Jump After Boost in Outlook, Defying Weakness in Apparel Sector
The activewear company’s 10th consecutive profit beat is another sign that demand for $98 yoga pants and $68 men’s tank tops remains strong.
Retail
How One Canadian Boutique Is Trying to Beat the Retail Slump
As competitors shut down locations and slash costs, the women’s clothing retailer Aritzia is pursuing an alternate strategy.
How One Canadian Boutique Is Trying to Beat the Retail Slump
As competitors shut down locations and slash costs, the women’s clothing retailer Aritzia is pursuing an alternate strategy.
News & Analysis
Lululemon Opens Workout Studio Where Visitors Can Borrow Clothes
The activewear company has always leaned into fitness classes, but this expansion allows it to monetise its experience-based offerings.
Lululemon Opens Workout Studio Where Visitors Can Borrow Clothes
The activewear company has always leaned into fitness classes, but this expansion allows it to monetise its experience-based offerings.
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Retail
Lululemon Closes Menswear-Only Stores
Despite plans to more than double its men’s business in the next five years, the athleticwear company has quietly closed its men’s standalone stores in New York City and Toronto.
Lululemon Closes Menswear-Only Stores
Despite plans to more than double its men’s business in the next five years, the athleticwear company has quietly closed its men’s standalone stores in New York City and Toronto.
News & Analysis
Lululemon Feud With Billionaire Founder Continues
Having stepped down as chairman and threatened a boardroom fight in 2013, Chip Wilson's right to designate a board nominee has been terminated.
Lululemon Feud With Billionaire Founder Continues
Having stepped down as chairman and threatened a boardroom fight in 2013, Chip Wilson's right to designate a board nominee has been terminated.
Beauty
Lululemon to Branch Into Shoes and Self-Care
The yoga pants maker also expects to more than double the size of its revenue from the business segment by 2023.
Lululemon to Branch Into Shoes and Self-Care
The yoga pants maker also expects to more than double the size of its revenue from the business segment by 2023.
News & Analysis
Lululemon to Unveil Growth Plans at First Analyst Day Since 2014
The upscale yogawear maker is hosting its first analyst day since 2014, when it’s expected to share its strategy for the next few years and disclose new financial targets.
Lululemon to Unveil Growth Plans at First Analyst Day Since 2014
The upscale yogawear maker is hosting its first analyst day since 2014, when it’s expected to share its strategy for the next few years and disclose new financial targets.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.