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lululemon unveils next five-year plan

Aug 18, 2022
1. Lululemon's next five-year plan announced that menswear and digital products will become the focus of business growth



Lululemon's "radical" goal stems from the good performance of its last five-year plan.


In 2019, lululemon released its first "Power of Three" five-year plan, aiming to double male product revenue and e-commerce revenue compared with 2018, and quadruple international market revenue by 2023.
The goals of menswear and e-commerce businesses have been achieved ahead of schedule, and the international market is expected to achieve the goal of quadrupling by 2022.
According to reports, Lululemon’s annual revenue has nearly doubled from $3.3 billion in fiscal 2018 to $6.25 billion in 2021. In fiscal 2022, lululemon’s net revenue is expected to reach a range of $7.49 billion to $7.615 billion.





2. HTF MI released the "Global Yoga Pants Market Analysis, Forecast to 2025" business report


HTF MI released the business report "Global Yoga Pants Market Analysis, Forecast to 2025".


The Global Yoga Pants Market report summarizes and studies the current Yoga Pants market size, market trends and competitive environment.
The study was derived from primary and secondary statistical sources, combining qualitative and quantitative detailed analysis.

Leading Brands in the Yoga Pants Market in Free Sample Report: lululemon, Lucy, Elektrix, Champion, NoliYoga, 90 Degrees, EASYOGA, Sunyoga, Nike, Adidas, AmericanApparel, Forever21, GAP, UnderArmour, BeyondYoga, Onzie & Teeki.




3. Yoga is promoting positive interactions between police and the public


The Cleveland Police Department is running a "Yoga Warrior" program. Relieve officers' work anxiety through yoga classes such as mindfulness and breathing techniques so they can stay calm in stressful situations.

After taking the one-day introductory course, officers can go on to practice for free at 10 local yoga studios. Sheriff Chris Gibbons, who helped launch the program, said: "It's good for their own health and for the community, and I hope that in the next phase of the program, community members can be invited to practice yoga with officers to make officers more engaged with the public. Easy and smooth."


4. Lemoga: Yoga with Lemurs


The Lake District hotel Armathwaite Hall in the UK recently added a yoga activity called "lemoga" to its wellness programme.


They recruited a group of "lemur assistants" from an adjacent wildlife park to offer classes for yogis who like small animals.
"The lemur is an ideal yoga companion because it looks like a cat, dog and squirrel," says Richard Robinson, safari manager.

"The basking pose is so similar to the lotus pose." Lake District Hotel Owner Carolyn Graves said the courses were designed to help guests overcome the stress of city life and provide urbanites with more opportunities to get closer to nature and wildlife.




5. As a yoga mat factory with more than ten years of experience, we firmly believe that yoga will become better and better in the world, we can create a complete set of yoga product solutions for customers to make yoga spread faster