Lululemon hits $2bn revenue milestone - sportstextiles: Lea SportsTextiles

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Lululemon hits $2bn revenue milestone

30/03/2016
Yogawear brand Lululemon Athletica has broken the $2 billion in revenue barrier for 2015, with CEO Laurent Potdevin attributing the rise to its “bold moves”.

"We elevated design and innovation and developed our infrastructure to position us for the future,” he said. “As I look forward to 2016 and beyond, I am excited and confident that we have the right team in place to execute on our long term strategies."

For the year to the end of January, revenue at the Canadian company increased 15% to $2.1 billion.

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