2024 Election Raises Fashion & Retail’s Risk for the Second Half of Year

2024 Election Raises Fashion & Retail’s Risk for the Second Half of Year

From the start, 2024 promised to be a tough year for fashion stocks.  Inflation has made living more expensive, interest rates are up and geopolitics seem all the more unsettled — from conflicts in Ukraine and Gaza to edge-of-your-seat elections in Europe and, now, the U.S.  The fervor for artificial intelligence and big tech helped … Read more

What does Hong Kong airport smell of? Or your go-to hotel? The business of scent branding

What does Hong Kong airport smell of? Or your go-to hotel? The business of scent branding

Its Mandarin Oriental scent – evoking the Asia-based global luxury hotel chain – exudes refreshing floral notes of freesia and osmanthus, while Lululemon’s scent is reminiscent of fresh laundry, which is ideal when slipping into brand-new leggings. Shiu Shing Hong, a fragrance shop in Sheung Wan, has been in operation for more than 50 years. … Read more

Lululemon Taps Comedian-turned-director Jia Ling as Ambassador

Lululemon Taps Comedian-turned-director Jia Ling as Ambassador

Lululemon has signed China’s hottest comedian-turned-director Jia Ling as its latest ambassador. Her appointment was accompanied by a short film, in which she shared how she spent the past year working out and making friends with fitness gurus. There are also moments of her jumping, kickboxing, weightlifting, rope climbing and doing push-ups with a group … Read more

Sun Choe Joins Vans as Global Brand President

Sun Choe Joins Vans as Global Brand President

Sun Choe, who stepped down last week as Lululemon’s chief product officer after seven years, is going to Vans. According to the VF Corp.-owned footwear brand, Choe has been appointed as Vans’ new global brand president — a role that has been vacant since Kevin Bailey stepped down in October. The move is effective in … Read more

Sun Choe Departs Lululemon as Company Makes Organizational Changes

Sun Choe Departs Lululemon as Company Makes Organizational Changes

Lululemon announced late on Tuesday a series of “updated and more integrated” organizational changes. The moves come in conjunction with the departure of chief product officer Sun Choe, who has resigned and will leave the company this month to pursue another opportunity. The company said it does not intend to replace Choe’s role. According to … Read more

Calvin McDonald Receives $16.5 Million in Pay

Calvin McDonald Receives .5 Million in Pay

Calvin McDonald stretched into a slightly higher pay grade at Lululemon Athletica Inc. last year.  McDonald, who’s been chief executive officer since 2018, saw his compensation rise 5.3 percent to $16.5 million last year from $15.7 million in 2022, according to the company’s proxy statement filed with the Securities and Exchange Commission.  Most of that … Read more

Left on Friday Unveils Look for Canada’s Olympic Beach Volleyball Team

Left on Friday Unveils Look for Canada’s Olympic Beach Volleyball Team

When it comes time for the summer Olympic games in Paris, the Canadian women’s beach volleyball team will be a standout for its one-shoulder bikini tops. The uniforms, designed by Canadian active swimwear company Left on Friday, were unveiled Tuesday on the company’s website and social channels. Designing a look for athletes who need extra … Read more

Lululemon Makes Opening, Closing Uniforms for Team Canada at Olympics

Lululemon Makes Opening, Closing Uniforms for Team Canada at Olympics

Lululemon is continuing to celebrate its home country as the official outfitter of Team Canada. This marks the second time the activewear company has dressed the Olympic and Paralympic teams but the first time it is creating athlete kits for warm weather. “Paris 2024 marks the next chapter in our partnership with Team Canada, and … Read more

Ahead of Boston Marathon and Amidst Medals Controversy, Brands Gear Up

Ahead of Boston Marathon and Amidst Medals Controversy, Brands Gear Up

About 30,000 runners are expected to line up at the starting line of the April 15 Boston Marathon — each with the hope of finishing 26.2 miles later with a finisher medal around their necks. The fact that those keepsakes will be stamped with the name of the race’s lead sponsor — Bank of America … Read more