Pins matching tag:Lululemon

A Manhattan federal judge partly denied Lululemon's motion to dismiss a shareholder class action over its 2023-24 statements, finding plausible claims of misleading statements and scienter, citing alleged insider trading.

A Manhattan federal judge ruled Nike's warp-knitted shoe upper patent invalid as obvious and wiped out the $355,450 jury award against Lululemon's Blissfeel and Chargefeel sneakers.

Ken Paxton sent Lululemon USA a civil investigative demand to test whether its activewear contains PFAS 'forever chemicals' that buyers would not expect from its wellness marketing; Lululemon says it phased PFAS out in fiscal 2023.

Heidi O'Neill, who spent 27 years at Nike and last ran its consumer, product and brand, will become Lululemon's CEO on 8 September 2026 on a US$1.4 million base salary.

Former Unilever chief growth and marketing officer Esi Eggleston Bracey joins Lululemon's board and will stand at the 2026 annual meeting in place of retiring director Shane Grant.

The Federal Circuit affirmed without opinion a Patent Trial and Appeal Board ruling, won by Lululemon, that the challenged claims of Nike's patent on sharing recorded workouts to social networking sites are unpatentable.

Lululemon's first Greek store opened at Akadimias 17 and Voukourestiou in Kolonaki, central Athens, with franchise partner Arion Retail Group; a second followed at Golden Hall in June.

Lululemon gives two of Chip Wilson's nominees, Laura Gentile and Marc Maurer, board seats after the 2026 meeting and backs board declassification; Wilson accepts a standstill of about 18 months.

Lululemon cut its 2026 EPS outlook by more than $1 to $10.95-$11.15 and forecast falling sales, blaming negative media commentary and weak product launches; the shares fell 11% after hours.

Lululemon entered Romania with a store at Băneasa Shopping City in Bucharest, its fourth new market of 2026 through franchise partner Arion Retail Group.

The launch of 50,000 free yoga, Pilates and sculpt spots across North America: a rooftop Pilates class led by Shannon Nadj at Pier 17, followed by a Kaskade DJ set that drew over 1,000 more people.

At an uncontested annual meeting after the Wilson settlement, shareholders elect Chip Bergh, Esi Eggleston Bracey and Teri List and back Chip Wilson's proposal to declassify the board by 73.1 million votes to 0.3 million.

Two Michigan shoppers represented by Hagens Berman sued Lululemon in Washington federal court, seeking a nationwide class over tariff-driven price rises and a share of its IEEPA refunds.

Lululemon cut the ribbon on a distribution centre of more than a million square feet in Brampton, Ontario, whose AutoStore system runs 525 robots over 292,000 bins to fill e-commerce orders in eastern Canada and the US.

A Lululemon YouTube series in which seven-time F1 champion Lewis Hamilton learns other sports from fellow ambassadors, opening with a round of golf with Min Woo Lee.

The Federal Circuit affirmed a Patent Trial and Appeal Board ruling, won by Lululemon, that every challenged claim of Nike's patent on a heart-rate and fitness watch console is unpatentable.

Lululemon's half marathon ran again for the first time since 2019, sending nearly 10,000 runners from 24 countries 21.1 km along Vancouver's seawall, won by Ben Preisner in 1:06:11 and Phily Bowden in 1:14:19.

Lululemon and Costco filed a joint stipulation dismissing the remaining claims of the dupes suit with prejudice, and the Los Angeles court closed the case the next day, months before a March 2027 jury trial.

Revenue fell 4% and comparable sales 9%, and Lululemon cut its 2026 outlook to a 5-7% sales decline and EPS of $9.48-$9.73; a $134.5 million tariff refund propped up margins, and the shares fell about 20%.

Lululemon entered Austria with a 200 m2 franchise store on Vienna's Kärntner Straße, its fifth new market of 2026 with Arion Retail Group.

Former Nike executive Heidi O'Neill starts as Lululemon's CEO and joins its board, ending seven months of interim co-CEOs; the board also amends the bylaws the same day.

Nike and Lululemon stipulated to dismiss, with prejudice, Nike's 2022 suit claiming Lululemon's Mirror home gym infringed its fitness-tech patents, after the patent office struck down most of the asserted claims.

A run and lifestyle capsule carrying the Canadian artist and ultrarunner's paintings of runners blending into nature, built on Lululemon's Fast and Free franchise and Nulux fabric.

Under its settlement with Chip Wilson, Lululemon must appoint another independent director with apparel product and brand expertise by 1 October 2026, subject to Wilson's approval.

Lululemon's first Indian store, run by franchise partner Tata CLiQ, is due at DLF Promenade in New Delhi this autumn, with the brand going live on Tata CLiQ Luxury and Tata CLiQ Fashion at the same time.

Lululemon is expected to report its third quarter on Thursday 10 December 2026, having guided to a 10-11% revenue decline to $2.29-$2.32 billion and EPS of $0.93-$0.98, its first results under CEO Heidi O'Neill.

Lululemon's two-day SeaWheeze weekend comes back to Vancouver with its 21.1 km half marathon along the seawall and the Sunset Festival in Stanley Park.