Lululemon; Skye Gould/Insider
Lululemon continues to outpace sales expectations during the pandemic due to demand for athleisure.
The company has also succeeded in investing in digital growth, including its acquisition of Mirror.
Insider identified 11 power players driving the brand s growth, based on public info and past reporting.
Lululemon had an impressive 2020, and now its gearing up for an even bigger 2021.
The athleticwear company, best known for championing the athleisure trend, has been among the rare few winners of the pandemic as demand for comfortable clothing among remote workers and quarantined Americans has skyrocketed. In its most recent quarter, Lululemon reported a 22% year-over-year increase in net revenue, reaching $1.1 billion, while its e-commerce business nearly doubled, growing by 94%.
Page Industries Q3 profit up 77%; revenue rises 17% to Rs 927.1 cr
Page says it maintained cost optimisation efforts and reduced operating costs by 5 per cent as compared to the same period last year to Rs 141.7 crore without laying-off any employee or worker, or any salary cuts
BusinessToday.In | February 10, 2021 | Updated 15:48 IST
For 9MFY21, Page s revenue declined 19 per cent YoY to Rs 1,952.2 crore
Showing resilient performance as the economy starts to show signs of recovery, apparel maker Page Industries reported 77 per cent rise in its profit on YoY basis and 39 per cent growth on QoQ basis at Rs 153.7 crore. The company s PAT in Q3FY20 was Rs 87 crore, the company said in a statement to exchanges.
(1)
ROCKVILLE, MD / ACCESSWIRE / February 1, 2021 / Award winning market research company Fact.MR has recently published the global women s swimwear market research report. In this extensive study, Fact.MR anticipates a gradual incline through 2021, given the complete cessation of sporting and recreational activities in 2020 due to the coronavirus pandemic. Consequently, long-term growth forecast has been revised to a modest 3% for the forthcoming decade.
Historical projections reveal that growth since the past 5 years has largely been sluggish, as sales have been largely restricted to the developed world. Various governmental and non-governmental initiatives to promote swimming as a sport have largely helped sustain demand for women s swimwear in the past few years, and is expected to increase in forthcoming years.
Why Mid-Price Women's Swimwear is More Popular When Compare to Top Brands like Speedo International saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
Image: Page Industries Jockey: What lies beneath Page Industries got the underwear out of the closet and achieved a decadal success story like no other. A slowing economy has dented its sheen, but the company believes it is still in a sweet spot.
Jan 1, 2021
A visit to a Jockey store for day-to-day apparel like underwear or just plain pyjamas is sure to make one’s wallet lighter. For example, for men who like to laze at home in their boxers, the cost of the garment is upwards of ₹419 apiece. Pyjamas, another comfort garment, costs a shade under ₹1,000 apiece. Jockey, an American brand that re-entered India in 1995 (it was around for about three-four years in the early 1970s), generally carries a premium of at least 20% over other Indian mainline innerwear brands like Lux, Rupa, and Dollar.