Lululemon to launch first men's footwear line as it chases growth in crowded athletic apparel space
Publishing timestamp: 2024-02-01 09:30:01
Summary
Lululemon is launching its first men's footwear line and casual sneaker as part of its strategy to double its men's business and grow revenue. The launch comes as Lululemon faces slower growth and increased competition in the athletic apparel space. The company aims to differentiate itself through innovation and proprietary technologies.
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Keywords: business, apparel retail, retail industry, lululemon athletica inc, business news, breaking news: business, adidas ag, nike inc,
Source: https://www.cnbc.com/2024/02/01/lululemon-to-launch-first-mens-footwear-line.html