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Planet yoga
Stories from around the weird and wonderful world of yoga
Canada: Fashion boom
Looks like we are going to be wearing more leggings in the next few years. Building on the momentum of the past couple of years, yoga fashion group lululemon athletica recently unveiled its new Power of Three ×2 growth strategy — in which it aims to double annual sales within five years.
The Vancouver-based firm wants to double its 2021 revenue of $6.25 billion to $12.5 billion by 2026. That’s some impressive growth and bodes well for the future of yoga fashion. The group has a strong record of delivering too, growing revenues from $3.3 billion in 2018. The day may come where every yogi is wearing lululemon!
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Jul-22
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OM Yoga Magazine