This Multi-Million Dollar Men's Athleisure Startup Is Coming After Lululemon's Market Share [Forbes]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Forbes
Darren Heitner Contributor i Jul 27, 2018, 07:26am #Consumer In 2015, Vuori clothing brand was launched with $300,000 from friends and family. Vuori Clothing company Vuori launched in 2015 with only $300,000 in capital raised. Today, the apparel brand that set its sights on becoming the Lululemon for men (acknowledging that Lululemon has come out with an extensive line of products for men), is on the path to becoming a giant in the space. Funding has increased to $2.6 million, all from friends (including singer-songwriter Jason Mraz) and family through two separate rounds, but more importantly the company is growing in sales, revenues and infrastructure. It projects revenues for end of 2018 of between $30 million and $50 million after experiencing 125% growth in 2017 from 2016. Vuori also anticipates another 160% growth in 2018, with its number of employees going from the roughly thirty i
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LULU
News
- 12 surprisingly affordable things Taylor Swift has worn recently and where to buy them [Business Insider]Business Insider
- Lululemon to shutter Washington distribution center, lay off 128 employees [Yahoo! Finance]Yahoo! Finance
- Lululemon to shutter Washington distribution center, lay off 128 employees [Reuters]Reuters
- Lululemon Athletica Inc. (NASDAQ: LULU) had its price target lowered by analysts at Robert W. Baird from $555.00 to $505.00. They now have an "outperform" rating on the stock.MarketBeat
- Here's exactly what to buy from the new Lululemon pickleball collection [CNN]CNN
LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- LULU's page on the SEC website