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Lulumemon Plans Nearly Three Dozen New Stores This Year

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

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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