Lululemon

Lululemon is a Canadian company specializing in sports equipment. The company started its activity with items inspired by the discipline of yoga, for both men and women. Founded in 1998, it has become one of the world's leading operators in sports fashion.

As Chip Wilson seeks a new CEO, potential candidates from sportswear brand On, ESPN, or Activision are under consideration, with the company facing challenges in regaining its footing since his exit.

Lululemon Attracts $1 Billion Investment from Elliott, Hastens CEO Succession Plan

With a stake now surpassing $1 billion, the activist fund’s entry has pushed shares up by 6% on Wall Street, stirring conversations around leadership in light of the CEO’s departure.

Lululemon CEO Calvin McDonald to Step Down Amidst Revenue Growth and Profit Decline

Canadian athletic wear company set to part ways with CEO Calvin McDonald in 2026. The company posted a 7% increase in revenue for the third quarter, though net profit fell by 12.8%.

Stretched Thin: Lululemon’s Yoga Legacy Falters Against Founder’s Ambitions

Facing slumping sales in the United States, its core market, and a continuous downward trend on the stock exchange, the Canadian sports gear brand is failing to capture the attention of younger consumers.

Lululemon Adjusts Outlook Due to U.S. Market Hiccups and Tariff Challenges

The Canadian sports equipment group closed the second quarter with a reduction of more than 4% in its net income. The company estimates a drop in gross profit of 240 million for the year as a whole.

Lululemon and Lotto Set Sights on India Amid Fashion Industry Surge

The country stands as one of the fastest growing potential territories for global fashion, with companies from all over the world looking to carve out a niche for themselves. Both Lululemon and Lotto arrive with local partners.

The sports equipment company has initiated an internal adjustment process affecting 150 employees. The move comes after a strategic review of the company and in a context of uncertainty in the United States.

The Canadian sportswear retailer will generate up to 20% of the fibers in its product portfolio from recycled materials sourced from Samsara Eco, in which it acquired a stake two years ago.