1. Department: Consumer Durables

Lululemon Q2 revenue reaches $1.9B as high-income shoppers continue spending

Written by Posted on Less than 0 min read

The athletics apparel brand didn’t rely on markdowns during the quarter and will soon release a membership program, according to CEO Calvin McDonald.

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Channel: Ecommerce & Digital

Amazon removes ‘Just Walk Out’ tech from US Amazon Fresh stores

Dash Carts, which also allow shoppers to avoid checkout, will roll out instead at those locations, while the older tech is limited to Amazon Go and some smaller U.K. stores. View Original Article Amazon Dept. Fresh Brick and Mortar Technology & Innovation Shoppers RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive […]
< 1 min read
0
  1. Corporate Strategy

Peloton CEO Barry McCarthy offered $168M for the job

Including $167 million in vested stock options, the executive’s pay is 2,299 times the median salary of the company’s employees. View Original Article Associates Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Partnerships & Alt Profit

Hair care brand Glaze inks wholesale partnership with Target

The Waldencast Ventures subsidiary is now available in over 300 of the mass merchant’s stores as well as on its website. View Original Article Brick and Mortar Dept. HBC Partnerships Target RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Department: Consumer Durables

Chico’s joins Sycamore’s KnitWell Group

​[[“value”:”Last year the private equity firm announced it would acquire the apparel conglomerate for $1 billion.”]]  View Original Article Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics […]
< 1 min read
0
  1. Partnerships & Alt Profit

J.C. Penney, Sports Illustrated unveil swimwear collections

The partnership builds on last year’s apparel collection from the two Authentic Brands Group-affiliated entities, as both seek to burnish their brands. View Original Article Dept. Apparel Partnerships RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Department: Consumer Durables

Despite stock slide, Birkenstock is positioned for growth: analysts

Company executives said the footwear brand has room for pricing adjustments to help offset inflation effects on the bottom line. View Original Article Executives Economy Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Stores & Formats

Simon Property Group trims stake in Forever 21, Brooks Brothers brand-management firm Authentic

The mall REIT is unwinding some of its investment into the retail business, which CEO David Simon has acknowledged is more volatile than real estate. View Original Article Results & Investment Executives Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most […]
< 1 min read
0
  1. Stores & Formats

Party City to close 9 more stores as it preps to go private

The party merchandise retailer said the pandemic “consumed vital liquidity” and contributed to the decision to seek Chapter 11 protection. View Original Article Bankruptcy Brick and Mortar COVID19 RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon audit reveals wage, benefit issues at 40% of potential suppliers

The e-commerce giant said it has dedicated teams working with vendors on long-term corrective action plans. View Original Article Amazon Vendors RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover […]
< 1 min read
0
  1. ESG

Everlane scores $25M term loan from Gordon Brothers

The direct-to-consumer brand will use the money to support its growth, all while keeping its focus on sustainability and transparency. View Original Article Consumers Sustainability RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Technology & Innovation

Walmart introduces AR eyewear try-on tech

The retailer has been enhancing its optical operations and said it will have over 3,000 Vision Centers nationwide by the end of 2024.   View Original Article Operations & Supply Chain Predictions and Forecasts Technology & Innovation Walmart RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Corporate Strategy

Under Armour CEO on sportstyle pivot: ‘We’re not trying to be anything other than authentically Under Armour’

Stephanie Linnartz talked about the evolution of the company’s product offering as revenue fell 6%. View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such […]
< 1 min read
0
  1. Channel: Mass

Honest Beauty to sell through Ulta stores

The expansion comes two weeks after the Honest Company signed a wholesale deal with Walmart. View Original Article Brick and Mortar Dept. HBC Walmart RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Shopper & Customer

Retailers need to ‘competitively promote’ the rest of the year: report

Though consumers are still spending, a Numerator report suggests that they continue to search for markdowns.  View Original Article Consumers Insight Providers RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover […]
< 1 min read
0
  1. Trends & External Forces

9 retail trends to watch in 2023

With the threat of a recession looming, the new year brings about a slew of challenges for retailers — but not all is gloomy. View Original Article Economy Trends: Retail RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
  1. Corporate Strategy

Lowe’s chief marketing officer exits as company realigns structure

The company is reorganizing its leadership structure, with its marketing team now reporting to Executive Vice President of Merchandising Bill Boltz. Dive Brief: Marisa Thalberg, Lowe’s chief brand and marketing officer, has exited the company as part of a broader reorganization effort. Thalberg became Lowe’s CMO in February 2020. As part of the realignment, the home improvement retailer’s […]
2 min read
0
5
  1. Corporate Finance

Bed Bath & Beyond is at risk of filing for bankruptcy. How did it get here?

The retailer has lost sales and market share all while experiencing mounting losses. And without a leader at the helm, it faces an inflection point. View Original Article Bankruptcy Bed Bath & Beyond Results & Investment RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most […]
< 1 min read
0
  1. Holiday & Events

Despite Black Friday blockbuster, Lululemon maintains its holiday outlook

​[[“value”:” Dive Brief The brand continues to defy expectations, but may finally be approaching a plateau as competition rises and consumers remain cautious. Published Dec. 8, 2023 A Lululemon mall store. The brand opened 14 net new stores in Q3, ending with 686, and has plans for about 25 more by the end of the […]
< 1 min read
0
  1. Media & Marketing

Stitch Fix, Spotify launch Style Tune Ups

The retailer is combining music and style preferences to curate outfit recommendations and playlists for customers. View Original Article Delivery Marketing: Broadcast Streaming RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app […]
< 1 min read
0
  1. Operations & Supply Chain

Big Lots acquires entire inventory of toy company Hearthsong

The move is part of the company’s larger strategy to reclaim its position in off-price and closeout sourcing.  View Original Article Acquisition Big Lots Operations & Supply Chain Strategy RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
Next