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Nike is losing its lead on a key customer demographic (NKE)
2017 is quickly becoming a year Nike Inc would rather forget. For the first time in a decade, the Swoosh did not have the most popular sneaker in the U.S., losing that title to Adidas Superstar last...
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Nike is unleashing a Lululemon killer in 5,000 stores (NKE)
Nike is launching 5,000 women's-focused "pants studios" in stores.It's part of Nike's plan to make a bigger play for the women's athletic wear market, which is a $7 billion business, according to the...
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Lululemon beats on earnings and raises its guidance (LULU)
Lululemon beat on both the top and bottom lines.The company raised its full-year 2017 adjusted earnings per share guidance.Shares climbed more than 7% on the results. Lululemon shares climbed more than...
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Lululemon is spiking after earnings beat (LULU)
Lululemon is rising after reporting an earnings beat.The company outperformed some of its rivals in the athletic-apparel space.Watch the company's stock price move in real time here.Lululemon released...
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Lululemon worker's $3 million lawsuit says she was raped by her boss after...
A lawsuit claims that former Lululemon worker Shayla Famouri was raped by her boss, Philip Silva, and that when she reported the assault to the company, she was encouraged to resign.The lawsuit also...
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Lululemon hikes fourth-quarter profit and revenue forecasts on strong holiday...
Lululemon raised its fourth-quarter profit and revenue forecasts due to strong holiday sales.The company now sees net revenue of $905 million to $915 million, up from its earlier forecast of $870...
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Lululemon's CEO has suddenly resigned — and the company is calling him out...
Lululemon CEO Laurent Potdevin has resigned effective immediately. Lululemon released a statement suggesting that Potdevin engaged in poor conduct. The chief executive's departure is a "blow" to...
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Lululemon CEO's sudden departure is tied to his relationship with a former...
Lululemon CEO Laurent Potdevin resigned suddenly on Monday.The company released a statement suggesting that Potdevin engaged in poor conduct.CNBC reported on Wednesday that his resignation could be...
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Lululemon needs a new CEO, and analysts say there's a clear frontrunner for...
Lululemon's CEO abruptly resigned Monday. The company released a statement suggesting he had engaged in poorconduct. It is now searching for a replacement CEO but will be run by three members of senior...
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Lululemon employees say former CEO created a 'culture of oppression' and...
Lululemon CEO Laurent Potdevin resigned suddenly earlier this month.The company released a statement suggesting that Potdevin had engaged in poor conduct but did not confirm exactly what had happened....
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There's a monumental shift in American fashion — and it's killing denim for good
US consumers are ditching denim in favor of stretchy pants. According to data from the US Census Bureau, reported by Quartz, US imports of stretchy knit pants exceeded those of blue denim jeans in the...
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Doctors are warning people not to wear Lululemon-like clothing during MRIs —...
Doctors are warning patients not to wear spandex clothing when coming in for a magnetic resonance imaging (MRI) procedure.Fabrics that use spandex often have metallic threads that could react with the...
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Lululemon still has a 'long runway for growth' after crushing earnings (LULU)
Lululemon beat on earnings Thursday. The athletic-apparel retailer is capturing more of the retail market, in part because of strong digital sales. The stock is soaring Thursday. Watch Lululemon trade...
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Lululemon keeps its prices high, and it's a brilliant business move (LULU)
Lululemon keeps discounting to a minimum.Analysts say this is why the brand has been successful, as its customers are not hooked on discounts and are more likely to pay full price.Heavy discounting...
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More men are shopping at Lululemon, but they're not buying what you'd expect...
Lululemon said during its most recent earnings call that 30% of its new customers in the quarter were male. The brand has had success with its men's casual clothing line, which includes $88 chino...
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Lululemon's $98 bra shows how it's defying the 'athletic carnage' plaguing...
Though trends have shown athleisure declining in prominence among American consumers, Lululemon is defying the downward trend.Lululemon beat estimates in its latest quarterly earnings report, with...
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Lululemon’s e-commerce sales bounce back
This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here.Athletic apparel retailer Lululemon reported a 13% year-over-year (YoY)...
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Amazon is coming for Nike, Lululemon, and Under Armour with its own...
Amazon is apparently getting into athleisure, and it's using the same manufacturer as the market's biggest players, according to a new report in Bloomberg. The online giant has been rumored to be...
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Nike is losing its lead on a key customer demographic (NKE)
2017 is quickly becoming a year Nike Inc would rather forget. For the first time in a decade, the Swoosh did not have the most popular sneaker in the U.S., losing that title to Adidas Superstar last...
View ArticleClik here to view.
Nike is unleashing a Lululemon killer in 5,000 stores (NKE)
Nike is launching 5,000 women's-focused "pants studios" in stores.It's part of Nike's plan to make a bigger play for the women's athletic wear market, which is a $7 billion business, according to the...
View Article