Fashion’s Struggle with Forced Labour: The Case of Patagonia, Nike, and Lululemon For years, fashion brands have grappled with the dark reality of forced labor within their supply chains. Companies like Patagonia, Nike, and Lululemon have made significant efforts to tackle this issue head-on, particularly in key fabric suppliers in Taiwan. Despite their ongoing initiatives, […]
Deckers Outdoor Raises Annual Net Sales Target for Second Time on Robust Demand
Deckers Outdoor Raises Annual Net Sales Target for Second Time on Robust Demand Deckers Outdoor Corp, the parent company of popular footwear brands like UGG and Hoka One One, has recently announced an upward revision of its annual net sales target for the second time this year. This decision comes on the heels of robust […]
Lululemon Regains Momentum on Strong Holiday Sales
Lululemon Regains Momentum on Strong Holiday Sales The athleisure giant, Lululemon, is making waves once again in the retail industry as it announces a significant uptick in its fourth-quarter sales outlook. With an expected revenue increase of 11 percent to 12 percent, the company is showcasing its resilience against the backdrop of rising competition and […]
How Lululemon’s $150 Yoga Pants Became Surprise Hit in Slowing China
Lululemon Athletica Inc. has made significant strides in the competitive landscape of the Chinese retail market, particularly in the athleisure sector, where the Canadian company finds itself thriving despite broader economic challenges. With a managing director, San Yan Ng, who has pioneered a tailored strategy since 2018, Lululemon’s presence has burgeoned from a mere 10 […]