Canada’s Lululemon Athletica said net revenue in the first quarter was $782.3 million, an increase of 20%, with strong online growth driving the double-digit gains.…
lululemon to tap into footwear
Lululemon Athletica Inc., best known for its yoga pants and workout gear, is getting into the shoe business.…
Fitbit narrows losses, sales lift on increased devices
U.S. wearable tech company Fitbit Inc. said that first-quarter revenues increased by double-digits, on the back of a surge in devices and smartwatches.…
Guess what’s back in fashion in Korea?
Leggings, which seemed to be going out of style in recent years, are making a comeback as versatile outdoor sportswear – for men and women – that can be worn anywhere, from the golf course…
Lululemon reveals five-year expansion plan
Lululemon Athletica announced its five-year growth plan, which will see the Canadian company double its men’s and digital sales, and quadruple international revenues by 2023.…
Varley lands in Korea
Activewear brand Varley launches in Korea with Bluebell.…
Athleisure and fitness centers on track for further growth in Asia Pacific
A growing awareness of health and wellness is driving Asia Pacific consumers to adopt a more active lifestyle, which in turn is spurring growth in sales of related sporting goods and apparel, along wi…
Activewear retailer Lorna Jane comes to Singapore
Activewear brand Lorna Jane has opened its first retail store in Singapore.…
China’s athleisure market isn’t going anywhere
Forward-thinking labels like Lululemon and local denim brand Zodiac Active are marketing garments that incorporate function and fashion for an active lifestyle.…
Skechers launches joint venture in South Korea
Skechers, a global leader in lifestyle and performance footwear, just announced that the Company is transitioning its business in South Korea from a third-party distributor to a new joint venture wi…