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Stock impact report

Global Premium Apparel Market Report 2023: Lululemon, The North Face, and Lacoste all Witnessed their Shares Jump in 2023 with Total Market to Reach $557 Billion by 2027 [Yahoo! Finance]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: Yahoo! Finance
This report offers an analysis of both the historic and forecast data of the premium apparel market through 2027. It provides a brief of the key trends along with sales and growth across different regions and category groups. It also highlights the premium apparel brands and their current competitive position. The global premium apparel market grew by 3.8% in 2022 to reach $422.2bn, only exceeding pre-pandemic levels by 5.9% as the pandemic caused many premium brands such as Ralph Lauren, Tommy Hilfiger to lose relevance due to their reliance on formal styles which fell out of favor with consumers. Lululemon, The North Face, and Lacoste all witnessed their shares jump in 2023, thanks to their desirable performance and athleisure propositions enabling them to capture continued demand for these categories since the onset of the pandemic. As consumers become increasingly aware of the environmental impact of overconsumption, shoppers will turn to premium brands that they perceive to Show less Read more
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