Saturday 26 September 2020

Lululemon stock price has fallen 20% this month

Lululemon Athletica is an athletic apparel retailer domiciled in Delaware and headquartered in Vancouver. Founded in 1998 as a retailer of yoga pants and other yoga wear, Lululemon has since then expanded to sell its products internationally in 460 stores as well as online. The huge company has expanded to sell a variety of athletic wear, including performance shirts, shorts, and pants, as well as lifestyle apparel and useful yoga accessories.

Lululemon Athletica (NASDAQ:LULU) is optimistic about the retail industry returning back to normal. It announced on September 22 that it would resume its share repurchase program. After 20% Drop, Lululemon Athletica to Start Buying Back Its Stock Again. The repurchase program was temporarily halted due to COVID-19, but its shares still certainly carry a premium.

Lululemon's stock has fallen 20% this month. This is a fall from an all-time high of almost $400 a share to under $300 a share. Lululemon Athletica sure wants to increase Lululemon market share.

Lululemon is optimistic about future opportunities and delivering on its major five-year growth plan. The plan aims to double men’s and digital revenues, and to quadruple international dollar revenues.

Lululemon history is interesting. Lululemon was founded in 1998 by Chip Wilson in Vancouver, British Columbia, and sold its first pair of yoga pants that year. There is a funny story about the name - Wilson created the name to have many L's so that it would sound western to Japanese buyers, who often have difficulty pronouncing the letter.

Lululemon sells useful athletic wear including tops, yoga pants, shorts, sweaters, jackets and undergarments, as well as hair accessories, bags, yoga mats and water bottles. Lululemon trademarked its original fabric, Luon, which interestingly included a higher-than-average amount of nylon microfiber, in 2005. Since then, the company has produced several different types of fabrics, including certain compression and moisture-wicking designs.

In 2017, Lululemon and Athletic Propulsion Labs began selling women's and men's shoes in 23 stores across North America. In 2019, the company launched a luxury streetwear brand called Lab in a few of its clothing stores.

Lululemon maintains an innovative research and development lab, "Whitespace", within its headquarters. It has approximately 50 employees including scientists and physiologists.

On the Lululemon website, you can see interesting products, such as:

Down For It All Vest
$158.00 CAD

Moss Green
Porcelain Pink
Down For It All Jacket
$198.00 CAD

Burnt Caramel
Navigation Stretch Down Hoodie
$268.00 CAD

Moss Green
True Navy
Down For It All Vest
$148.00 CAD

Always There Trench Coat
$278.00 CAD

Intermission Bomber
$248.00 CAD

Oh So Sherpa Full Zip
$178.00 CAD

At Ease Jogger
$138.00 CAD

Heathered Ancient Copper
Heathered Sea Salt
Heathered Black
Drysense Hoodie
$118.00 CAD

Grey Sage
Asphalt Grey
True Navy
Dark Olive

ABC Jogger
Warpstreme 30"
$138.00 CAD

Grey Sage
Burnt Caramel
Heathered Ultra Light Grey/Sea Salt
Heathered True Navy

City Sweat Pullover Hoodie
French Terry
$118.00 CAD

City Sweat Jogger French Terry 29"
$128.00 CAD

Pace Breaker Short 7"
$68.00 CAD

Metal Vent Tech Short Sleeve 2.0
$78.00 CAD

Lululemon has exciting innovative products, such as lululemon leggings, lululemon shorts, lululemon yoga mat, lululemon backpack, lululemon size chart, lululemon pants, lululemon abc pants, lululemon sports bra, lululemon men's pants, lululemon women's pants, best lululemon leggings, lululemon joggers, lululemon jacket, lululemon mens shorts, lululemon womens shorts, lululemon align leggings, lululemon yoga pants

There sure is a huge variety of products in lululemon mens and lululemon womens. Lululemon customer service is definitely high quality. Visit an lululemon outlet such as a lululemon near me or lululemon near you. There is a lululemon black friday and lululemon cyber monday out there. Keep watching for a lululemon sale and lululemon clearance. Perhaps a lululemon gift card is what you need. 

Lululemon careers have much to offer. Below is the lululemon logo:

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