All articles tagged with #athleisure
The highly anticipated NikeSkims collection, featuring star-studded campaigns with athletes like Serena Williams and Kim Kardashian, is now available for purchase, offering a range of stylish and functional activewear that is expected to sell out quickly.
Lululemon has filed a lawsuit against Costco, accusing the wholesale retailer of copying its signature athleisure designs and selling unauthorized products under its Kirkland Signature brand at lower prices, alleging infringement of design patents and damage to its reputation.
Lululemon has filed a lawsuit against Costco, accusing the retailer of selling unauthorized, lower-priced duplicates of its popular athleisure products, including hoodies, jackets, and pants, and alleges that Costco's private label Kirkland products are misleading consumers about their origins. The company seeks a jury trial, cessation of sales, and damages.
Lululemon has filed a lawsuit against Costco, accusing the wholesale club of selling lower-priced counterfeit versions of its popular athleisure products, including hoodies, jackets, and pants, and alleges that Costco's branding practices mislead consumers about product origins. The company seeks a halt to sales and monetary damages.
Lululemon has filed a lawsuit against Costco, accusing the retailer of selling unauthorized knockoff versions of its high-priced athletic apparel, including pants, hoodies, and jackets, at significantly lower prices, and alleges that Costco's private-label Kirkland products are misleading consumers into believing they are authentic Lululemon products. The company seeks damages and an injunction to stop these sales.
Lululemon's shares dropped 22% after cutting its annual profit forecast due to higher costs from tariffs and weak demand for new products, as economic uncertainties and increased competition impact sales and margins.
Lululemon Athletica's shares surged by about 17% following an optimistic annual forecast and strong quarterly results, driven by refreshed clothing lines and targeted marketing in China. The company's performance has led to increased price targets from at least 17 brokerages, with Stifel setting the highest target at $438. Lululemon's positive outlook for the holiday season aligns with other retailers like Victoria's Secret and Ulta Beauty, which also reported strong results. Despite a challenging year, Lululemon's loyal customer base and strategic initiatives have bolstered investor confidence.
A professional shopper shares her wishlist from Lululemon's "We Made Too Much" sale, highlighting significant discounts on popular items like leggings, hoodies, and workout dresses. The sale offers up to 50% off on various products, making it a rare opportunity for fans of the brand to snag high-quality athleisure wear at reduced prices.
Stocks rallied after the Federal Reserve's latest monetary policy decision, with economic and housing data prints impacting the market. The Department of Justice's antitrust lawsuit against Apple led to a tough week for the tech giant, signaling potential cracks in the tech sector. Additionally, athleisure companies like Lululemon and Nike faced pressure due to shifting consumer behavior and increased competition, potentially marking the end of the athleisure boom.
Lululemon's shares plunged 15% after reporting a slowdown in US store traffic and issuing a weaker-than-expected revenue outlook for the first quarter and full year. The company cited softness in US consumer demand, leading to a lower growth forecast of 11% to 12%, down from 19% the previous year. Despite this, analysts anticipate that Lululemon will surpass its conservative guidance, especially with plans for new products, expansion in China, and a focus on men's apparel and international markets.
Athleisure company Outdoor Voices is shutting down all 16 of its stores nationwide and transitioning to an online-only business, leaving retail employees without severance and offering minimal compensation for their remaining time. The move comes after a decline in the company's valuation and the departure of its co-founder and CEO.
Outdoor Voices, an athletic apparel company known for its Instagrammable aesthetics and lifestyle branding, is closing all its retail stores and transitioning to an exclusively online business. The decision came as a surprise to employees, who were notified through an internal Slack message and were not offered severance. The company, which had previously raised millions in funding, has faced internal turmoil and declining valuation in recent years. The closure of its retail locations marks a significant shift in its business strategy.
Taylor Swift made a departure from her usual dressy style by sporting a comfortable fleece pullover, black leggings, and rugged sneakers, specifically the Adidas x Ivy Park Ivytopia Savage Trail Sneakers, while heading to a recording session in New York. The hiking sneaker trend, exemplified by the Salomon XT-6, has been gaining popularity in the fashion world, and Swift's choice reflects this. While her exact sneakers are no longer available, similar pairs can be found on resale sites like StockX.
Chip Wilson, the founder of Lululemon, has been seeking a new legacy after leaving the company a decade ago. Despite his success and a net worth of $7 billion, largely from his remaining stake in Lululemon, Wilson has faced challenges, including a rare muscular dystrophy that he's now fighting through a $75 million pledge to cure. He's also invested in a European sportswear company and Vancouver real estate, while reflecting on his departure from Lululemon and its continued growth without him. His journey is marked by a mix of philanthropy, investment successes, and a struggle to move on from the brand he created.
Meghan Markle was photographed in Santa Barbara, California, wearing athleisure attire and appearing to be in good spirits, despite the recent release of Omid Scobie's book, "Endgame," which sparked discourse about the royal family. Scobie revealed that Meghan has "moved on" from the royals, while Harry still has "unfinished business." Meghan's decision to stay away from the royal family was reinforced by their treatment during the time of the Queen's death and funeral. Meghan and Harry have expressed a desire for conversations, accountability, and ownership from the royal family, but as of now, there is no indication of any change moving forward.