Millennials, A Pro-Sports Government and Large Sports Events Drive the China Sportswear Market [Forbes]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Forbes
iStock The sportswear market in China is one of the largest and fastest-growing in the world. In 2017, China’s sportswear market grew 12% to ¥212.1 billion ($31.4 billion) and that makes it the second-largest sportswear market globally after the US, according to Euromonitor International. The market is expected to maintain its momentum and grow at an average annual rate of 11% in the five-year period through 2022, according to our analysis of Euromonitor International data. Several factors are driving this market growth, including the presence of a large millennial population, an increase in active lifestyles and sports participation among the population, and the popularity of sportswear as an extension of casualwear in fashion, as epitomized by athleisure. People are becoming increasingly enthusiastic about participation in fitness activities thanks to the ubiquity of social media and mobile technology that allows convenient documentation of such activitie
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News
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/3/24 - Form 4
- LULU's page on the SEC website