Lululemon q3 earnings_ revenues and earnings soar; company raises guidance – nasdaq. com

The Activewear or the ‘Athleisure’ trend has become so popular, it has carved out a niche for itself in the clothing industry. Yoga hosers It has been the lone star in a waning apparel industry, with an estimated market size of $44 billion in the US alone , according to research firm NPD Group. Yoga hosers cast While the apparel sales, as a whole, increased 2% year over year in 2015, the rise in activewear sales was a whopping 16%. Yoga for dummies sara ivanhoe If this category is excluded, the total clothing sales would have declined 2%, NPD stated.

Yoga asanas for weight loss after delivery Morgan Stanley has predicted growth to $83 billion by 2020, stealing the market share from non-athletic apparel. Pilates ballet The graph below charts the rise of the trend globally, with sales climbing from $197 billion in 2007 to over $350 billion by 2020 .

This relaxed standard of clothing has especially been driven by the millennials, the largest demographic in the U.S. Basic yoga postures pictures comprising 28% of the population. Ramdev yoga for weight loss in hindi Their increased health consciousness, and a cultural shift in the workplace, has made it more acceptable to wear sneakers and tube-pants to the office. Lululemon has had a big hand in the success of athleisure as a clothing option. Yoga tricks for beginners With targeted advertising and unique campaigns, the company has managed to change the way we think about clothing. Yoga in tamil wikipedia Furthermore, Lululemon has helped popularize yoga in North America, making it a cool thing to do, publicizing it with events such as the Yoga Day.

As mentioned previously, Lululemon is on track to cross the $4 billion mark in revenues by 2020. Be yoga and dance The company has stated five key areas of focus to help achieve this goal:

• Product innovation: Defining and redefining the fabric used in its products is essential to keep up with competition. Santa monica yoga santa monica ca Lululemon has been at the forefront of fabric innovation. Pure yoga east address With their latest sweat resistance technology and like-nothing pants, the company has completely beat out competition at the product level, providing great quality at reasonable prices. Youtube hatha yoga class In this respect, the company has stated that it will be coming out with a “fantastic innovation” in the bra category in 2017. Yoga nidra guided meditation youtube Further, it recently opened its second lab concept store on Bond Street in New York.

• International expansion: The company is also extremely eager to build its international presence going forward. Yoga yoga kannada mp3 song In this respect, Lululemon is set to launch its first three stores in China. Yoga feet exercises The opening of these stores is just a stepping stone in its broader plan. Yoga dot calm canyon meadows The company proposes to open an additional three to four stores in the coming quarters while expanding their online presence in the country. Hatha yoga pradipika summary In Europe, the apparel giant is all set to launch its international flagship store on Regent Street in London. Anchorage yoga anchorage ak Apart from additional sales, this store will also be a great way to advertise the brand further, given the street’s global fame and traffic.

• Maximizing its potential in North America: In the recent past, Lululemon has tried very hard to expand its store base in North America. Meditation music for relaxation and dreaming free download So far the strategy has proved to work. Sup yoga chicago Not only does this mean additional sales, but it also enables greater growth in the brand’s image and targeted marketing. Ashtanga yoga shala brisbane The expanded co-located stores are particularly doing very well. Ramdev yoga for weight loss medicine The approximately 5,000 square foot location has allowed the company to showcase a broader assortment of men’s lines. Weight loss yoga baba ramdev videos Going forward, the company plans to increase its presence in North America further as it prepares a plan to combat local competition efficiently.

• Building a digital ecosystem: The company’s focus has been to bring to life its design vision, pulling through a combination of engaging storytelling, personalization and assortment, while making the commerce experience scalable, easy and frictionless. Yoga poses for beginners at home In today’s day and age, it is essential for the company to have a digital footprint that gives the consumer easy access to what the company is and what it has to offer. Yoga source Lululemon is concentrating on making the online experience as engaging and seamless as possible.

Given the points stated above, it seems as though Lululemon has positioned itself well for future advancement in a market that has immense potential for growth. Bikram yoga arlington va Further, we can expect Lululemon to end the year with a bang on the back of a successful holiday season.