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Lululemon Will Launch Capsule Made With Mylo’s Plant Leather

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Lululemon Athletica saw net revenue in the fourth quarter increase 24 percent to $1.7 billion, topping Wall Street estimates of $1.66 billion largely in thanks to the brand’s increasing influence overseas. While net revenue boosted 21 percent in North America, international sales jumped a much greater 47 percent. With digital more than doubling in 2020,…

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