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Lulumemon Plans Nearly Three Dozen New Stores This Year

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

Breaking out of the slew of second-quarter sales declines for many retailers and brands, Lululemon Athletica Inc. saw net revenue for the period ended Aug. 2 increase 2 percent year over year to $902.9 million. However, company-operated stores net revenue fell 51 percent to $287.2 million year over year. Net income fell to 30.6 percent…

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