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Champagne for lululemon! Athleisure wear retailer reaps the omni-channel benefits of a locked down customer base

Champagne for lululemon! Athleisure wear retailer reaps the omni-channel benefits of a locked down customer base
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United States , Calvin Mcdonald , Global Guest Innovation , North America , ஒன்றுபட்டது மாநிலங்களில் , கால்வின் மக்டொநல்ட் , உலகளாவிய விருந்தினர் கண்டுபிடிப்பு , வடக்கு அமெரிக்கா ,

Working up an omni-channel retail sweat at lululemon as the pursuit of wellbeing becomes more acute

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Summary:
Athleisure wear is one of the few categories of the fashion retail industry that has enjoyed growth during the COVID crisis as lululemon athletica indicates.
(Pixabay )
While much of the fashion retail sector has suffered during the COVID crisis, one category that has boomed is that of ‘athleisure’ wear as millions of locked-down, gym-deprived people look to keeping fit from home.
A number of retailers are shifting their focus towards the category to tap into this boom, including Target, whose All in Motion range has grown to a billion-dollar business since launch a year ago, while in the UK, Marks & Spencer saw online sales of its athleisure range grow 200% in the 6 months to end of September last year. Meanwhile troubled GAP has committed to focusing on its Athleta brand, one of the few success stories at present in the group’s portfolio. As GAP CEO Sonia Syngal put it recently: ....

United Kingdom , Sonia Syngal , Marks Spencer , Global Wellbeing Report , Global Wellbeing , Global Guest Innovation , Buy Online , Pickup In Store , Digital Educator , Black Friday , Vaccine Economy , Omni Channel Retail , Athleisure Wear , ஒன்றுபட்டது கிஂக்டம் , மதிப்பெண்கள் ஸ்பென்சர் , உலகளாவிய நல்வாழ்வு அறிக்கை , உலகளாவிய நல்வாழ்வு , உலகளாவிய விருந்தினர் கண்டுபிடிப்பு , வாங்க நிகழ்நிலை , இடும் இல் கடை , டிஜிட்டல் கல்வியாளர் , கருப்பு வெள்ளி , தடுப்பூசி பொருளாதாரம் , ஓம்நி சேனல் சில்லறை , விளையாட்டு அணிய ,

Lululemon Athletica (LULU) Q3 2020 Earnings Call Transcript

Operator
Thank you for standing by. This is the conference operator. Welcome to the lululemon athletica inc third-quarter 2020 conference call. [Operator instructions] I would now like to turn the conference over to Howard Tubin, vice president, investor relations for lululemon athletica.
Please go ahead.
Vice President, Investor Relations
Thank you and good afternoon. Welcome to lululemon s third quarter earnings conference call. Joining me today to talk about our results are Calvin McDonald, CEO; Celeste Burgoyne, president of Americas and Americas and Global Guest Innovation; Meghan Frank, CFO; and Alex Grieve, VP, controller. Before we get started, I d like to take this opportunity to remind you that our remarks today will include forward-looking statements reflecting management s current forecast of certain aspects of lululemon s future. ....

Howard Tubin , Meghan Frank , Calvin Mcdonald , Celeste Burgoyne , Lululemon Athletica , Global Guest Innovation , Alex Grieve , Annual Report , ஹோவர்ட் குழாய் , மேகன் வெளிப்படையான , கால்வின் மக்டொநல்ட் , செலஸ்டி பர்கோய்ன் , ளுலுளெமொந் தடகள , உலகளாவிய விருந்தினர் கண்டுபிடிப்பு , அலெக்ஸ் துக்க , ஆண்டு அறிக்கை ,