The strength of our model across product innovation, guest experience, community and culture provides a unique advantage as we introduce Lululemon to our newest market. “We’re looking forward to connecting with Spanish guests, through our website and at our first retail stores opening in Madrid and Barcelona. “As a brand which supports wellbeing, Lululemon has a strong synergy with the active, balanced lifestyle enjoyed in Spain,” said André Maestrini, executive vice president, international. In September, Lululemon will open its first Spanish retail locations in the heart of Madrid and Barcelona’s shopping districts, on Calle Serrano and Paseo de Gracia respectively, the company said in a media release. Revenue: 5 to 10 billion (USD) Founded in Vancouver, Canada in 1998, lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. With significant runway ahead and the company’s Power of Three ×2 growth plan, which includes a quadrupling of its international revenue from 2021 levels by year-end 2026, Lululemon has entered Spain as the first new market in Europe since 2019.īeginning with the launch of lululemon.es in late July, the company’s apparel and accessories for men and women will be available to purchase from a dedicated e-commerce platform in Spanish for the first time. Type: Company - Public (LULU) Industry: Department, Clothing & Shoe Stores. Athletic apparel retailer Lululemon Athletica has announced plans to introduce the brand to more communities around the world by opening two new stores and a local e-commerce site in Spain.
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