国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Lululemon continues to see strong growth in China as it prepares for summer

By Wang Zhuoqiong | chinadaily.com.cn | Updated: 2024-06-26 19:15
Share
Share - WeChat
Chinese director and actress Jia Ling joins Lululemon as brand ambassador. [Photo provided to chinadaily.com.cn]

This month, global athletic apparel brand Lululemon kicked off its Summer Sweat Games, its signature community event, as its Chinese market saw a 52 percent net revenue increase in the first quarter of its fiscal year 2024.

Now in its fourth year, the event invites participants to form teams of two men and two women to compete in various activities at the store level, with the winning teams advancing to regional finals. From there, eight regional finalists will compete in the national final. Interested participants can register through the Lululemon WeChat Mini Program.

Meanwhile, Chinese director and actress Jia Ling has joined Lululemon as its newest brand ambassador. In 2022, Jia began a transformational journey, training for over a year for her role in "Yolo-You Only Live Once". In this movie, she portrays a woman who finds purpose and self-love through boxing. The inspiring story became a box office hit during the 2024 Spring Festival and won her accolades in China.

Welcoming Jia to the brand, Lynn Cheah, vice-president of Brand Marketing and Community at Lululemon China, said: "At Lululemon, we believe that when you feel your best, you perform your best. Her unwavering spirit, dedication to personal growth and championing a purposeful life is truly remarkable."

The brand has recently opened a pop-up store in Chengdu, Sichuan province, and optimized its store in Sanlitun, a business center in Beijing.

For the first quarter of 2024, the company saw its net revenue increased 10 percent to $2.2 billion, or increased 11 percent on a constant dollar basis.

Net revenue on the Chinese mainland was up 52 percent on a constant dollar basis, with the total international up 40 percent during the quarter.

Calvin McDonald, chief executive officer of Lululemon, said that new store openings in 2024 will include five to ten stores in the Americas, with the remainder primarily on the Chinese mainland.

Megan Frank, chief financial officer of Lululemon, said: "We're very pleased with our business in the Chinese market and continue to see very strong trends in the first quarter. From a competitive landscape perspective, we see strong business on our side, are closely monitoring the environment, and believe we are still early in our growth journey there."

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
亳州市| 鄂州市| 隆尧县| 即墨市| 邻水| 清新县| 惠州市| 屏山县| 石门县| 社旗县| 仙游县| 抚顺市| 盐山县| 西安市| 巴东县| 宁波市| 斗六市| 潮安县| 海伦市| 新和县| 博爱县| 阿拉善右旗| 应城市| 交口县| 习水县| 石狮市| 紫云| 灌阳县| 杭州市| 古浪县| 济南市| 荔波县| 铜山县| 平远县| 沁源县| 永兴县| 卓资县| 万州区| 河北区| 金山区| 宜州市|