lululemon Expands International Footprint, Launching in Spain
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Tuesday, July 5, 2022
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With significant runway ahead and the Companys "Power of Three 2 growth plan, which includes a quadrupling of its international revenue from 2021 levels by year-end 2026, lululemon enters Spain as the first new market in Europe since 2019.
Key Points:
- With significant runway ahead and the Companys "Power of Three 2 growth plan, which includes a quadrupling of its international revenue from 2021 levels by year-end 2026, lululemon enters Spain as the first new market in Europe since 2019.
- In September, lululemon will open its first Spanish retail locations in the heart of Madrid and Barcelonas shopping districts, on Calle Serrano and Paseo de Gracia respectively.
- As a brand which supports wellbeing, lululemon has a strong synergy with the active, balanced lifestyle enjoyed in Spain, said Andr Maestrini, Executive Vice President, International.
- With significant runway in both new and core markets, lululemon continues to introduce the brand to more guests around the world.