The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
VANCOUVER, Canada — Lululemon Athletica Inc. has given investors reasons to jump on board. Now it wants to give them reasons to stay.
The upscale yogawear maker is hosting its first analyst day since 2014 on Wednesday, when it’s expected to share its strategy for the next few years and disclose new financial targets. Key for investors will be how the Vancouver-based company plans to keep up momentum after reporting in March the fastest annual sales growth in six years and an upbeat outlook, which boosted the stock to a record last week. Here’s what to listen for during the event, which begins in New York at 9:30 a.m.
Sales vs Margins
Most analysts now see Lululemon on track to reach its current revenue goal — $4 billion by 2020 — ahead of time. The forecast, which dates to 2016, will probably be eclipsed by a new 2023 target, they say.
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New Shoppers, New Products
What Bloomberg Intelligence Says
“Momentum in the men’s activewear business has helped Lululemon gain market share, but success depends on the company’s ability to brand itself as a lifestyle name with superior product quality and fit.”Poonam Goyal, senior retail analyst. Click here to read the research
The World’s the Limit
By Sandrine Rastello; editors: Crayton Harrison, David Scanlan, Lisa Wolfson.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.