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lululemon

Peloton, Connected Fitness Companies Chart New Course And Face New Problems
Peloton, Connected Fitness Companies Chart New Course And Face New Problems
November 06, 2020  |  Retail

It has been a good year for connected fitness company Peloton. For Q3 it saw sales grow by 232 percent to $757.9 million from $228...

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Lululemon To Invest $75M In Community Wellness Programs
Lululemon To Invest $75M In Community Wellness Programs
October 29, 2020  |  Retail

For the first time, Vancouver, B.C.’s Lululemon Athletica Inc. has released an impact agenda, which includes the clothing company’s “long-term strategy to become a more...

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Lululemon CEO: ‘We’re Building More Stores’
Lululemon CEO: ‘We’re Building More Stores’
September 18, 2020  |  Retail

Don’t tell retail executive Calvin McDonald that construction of brick-and-mortar stores is a thing of the past. The CEO of Lululemon Athletica Inc. told Bloomberg...

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Lululemon Athletica Reports $554.3M In D2C Revenue
Lululemon Athletica Reports $554.3M In D2C Revenue
September 08, 2020  |  Earnings

Lululemon Athletica reported Tuesday (Sept. 8) that direct-to-consumer (D2C) net revenue was $554.3 million for the second quarter, which concluded Aug. 2, marking a 155...

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Tempo And The Home Fitness Gold Rush
Tempo And The Home Fitness Gold Rush
July 29, 2020  |  Investments

Fitness equipment maker Tempo, whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest...

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Open Banking Adoption, Subscription Features, Wirecard North America Up For Sale Top This Week’s News
Open Banking Adoption, Subscription Features, Wirecard North America Up For Sale Top This Week’s News
July 03, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Gyms Continue To Struggle With Rocky Reopenings
Gyms Continue To Struggle With Rocky Reopenings
July 01, 2020  |  Coronavirus

Now that many consumers have to make appointments to go to the gym or use a specific piece of equipment amid the pandemic, will they...

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Walgreens Adds To Digital 3.0 Momentum
Walgreens Adds To Digital 3.0 Momentum
July 01, 2020  |  Retail

The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. While...

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Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
July 01, 2020  |  Partnerships / Acquisitions

In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for...

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