Ivivva athletica

Macerich Marks 30 Years as Public Company, Rings Closing Bell at New York Stock Exchange

Retrieved on: 
Tuesday, March 12, 2024

Jack Hsieh, who took the reins as Macerich President and CEO on March 1, 2024, was joined by a number of Macerich senior executives to ring the bell and celebrate this significant company milestone.

Key Points: 
  • Jack Hsieh, who took the reins as Macerich President and CEO on March 1, 2024, was joined by a number of Macerich senior executives to ring the bell and celebrate this significant company milestone.
  • “Thirty years ago, when Macerich launched as a public company, the mall business was very different.
  • Today, as Macerich celebrates its 30th anniversary, its total market cap exceeds $10.5 billion.
  • Additional information about Macerich can be found through social media platforms such as LinkedIn.

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Thursday, March 21, 2024

lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the fourth quarter and fiscal year ended January 28, 2024.

Key Points: 
  • lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the fourth quarter and fiscal year ended January 28, 2024.
  • During the fourth quarter, we saw continued momentum across our channels, geographies, and merchandise categories, driven by our teams around the world.
  • For the fourth quarter of 2023, compared to the fourth quarter of 2022:
    Net revenue increased 16% to $3.2 billion.
  • The effective income tax rate for the fourth quarter of 2023 was 28.1% compared to 62.3% for the fourth quarter of 2022.

Teri List Joins lululemon Board of Directors

Retrieved on: 
Tuesday, March 19, 2024

lululemon athletica inc. (NASDAQ: LULU) today announced the appointment of Teri List to serve on its Board of Directors, effective immediately.

Key Points: 
  • lululemon athletica inc. (NASDAQ: LULU) today announced the appointment of Teri List to serve on its Board of Directors, effective immediately.
  • “Teri’s impressive experience as a business leader and board member for large, global companies will add great value as we continue to grow lululemon around the world,” said Martha Morfitt, Chair of the Board.
  • “We’re pleased to welcome Teri to the lululemon Board of Directors and grateful to benefit from her extensive knowledge and insights.”
    Ms.
  • “I’m proud to join the Board of Directors as lululemon continues to expand its global presence and advance its guest experience,” said Ms.

Hyosung TNC Invests $1 Billion in Future "Bio" Business

Retrieved on: 
Monday, April 1, 2024

Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.

Key Points: 
  • Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.
  • SEOUL, South Korea, April 1, 2024 /PRNewswire/ -- Hyun-Joon Cho, chairman of Hyosung announces major investment in the bio business, embarking on future new business ventures.
  • Hyosung TNC plans to proactively respond to the global materials market's reorganization around sustainable products by investing $1 billion to establish multiple Bio-BDO production plants capable of producing 200,000 tons annually.
  • From Raw Material to Fiber, Hyosung TNC Establishes the World's First Fully-Integrated Production System for Bio-Spandex
    With this investment, Hyosung TNC has secured the largest bio-spandex factory in Vietnam.

Hyosung TNC Invests $1 Billion in Future "Bio" Business

Retrieved on: 
Monday, April 1, 2024

Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.

Key Points: 
  • Chairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years.
  • SEOUL, South Korea, March 31, 2024 /PRNewswire/ -- Hyun-Joon Cho, chairman of Hyosung announces major investment in the bio business, embarking on future new business ventures.
  • Hyosung TNC plans to proactively respond to the global materials market's reorganization around sustainable products by investing $1 billion to establish multiple Bio-BDO production plants capable of producing 200,000 tons annually.
  • From Raw Material to Fiber, Hyosung TNC Establishes the World's First Fully-Integrated Production System for Bio-Spandex
    With this investment, Hyosung TNC has secured the largest bio-spandex factory in Vietnam.

Annual Rankings of Hottest Footwear and Apparel Brands Find HEYDUDE, Nike, SHEIN, Carhartt on Top

Retrieved on: 
Tuesday, March 12, 2024

BOSTON, March 12, 2024 /PRNewswire/ -- Global strategy consultancy L.E.K. Consulting has released its third annual Brand Heat Index, revealing which brands are gaining in popularity – or, increasing their brand "heat" – across major product categories in women's and men's footwear and apparel.

Key Points: 
  • Consulting has released its third annual Brand Heat Index, revealing which brands are gaining in popularity – or, increasing their brand "heat" – across major product categories in women's and men's footwear and apparel.
  • "Consumers continue to demand a lot from their footwear and apparel brands.
  • The apparel rankings, similar to footwear, point to a few clothing brands that are consistently strong performers across genders and generations.
  • For the full sets of footwear and apparel brand rankings by generation, gender and product category – including athletic, casual, dress and outdoor/rugged – please see the 2024 U.S.

EQS-News: Zalando evolves strategy to cover larger share of fashion and lifestyle e-commerce market with pan-European ecosystem for customers and partners

Retrieved on: 
Wednesday, March 13, 2024

The ecosystem model is a strategic evolution from the current platform one, and will enable Zalando to cover a larger share of the fashion and lifestyle e-commerce market as well as deepen relationships with customers and partners.

Key Points: 
  • The ecosystem model is a strategic evolution from the current platform one, and will enable Zalando to cover a larger share of the fashion and lifestyle e-commerce market as well as deepen relationships with customers and partners.
  • With both B2C and B2B, Zalando aims to cover in the long term the equivalent of 15 percent of the European fashion market, which is worth 450 billion euros.
  • Serving customers across their fashion and lifestyle needs will increase multi-proposition adoption and enable Zalando to capture a higher share of customers’ wallet.
  • The company’s recently launched ZEOS business enables Zalando to shape the European fashion and lifestyle industry beyond its own consumer business.

lululemon’s First-of-its-Kind Women’s Ultramarathon, FURTHER, Begins March 6 to Better Understand Human Performance and Challenge World Records

Retrieved on: 
Tuesday, March 5, 2024

Several products also include features to help the runners stay cool and store items they need during the race.

Key Points: 
  • Several products also include features to help the runners stay cool and store items they need during the race.
  • “When supported with innovation and resources, we are confident women will continue to redefine the limits of what’s possible.
  • This includes the chance to exceed the men’s six-day world record which would mark the first time a woman sets the current overall ultrarunning distance world record.
  • The Centre for Social Impact will have contributed over $5 million USD since 2021 to advancing the program’s work globally.

lululemon Expands Its Footwear Offerings with New Casual and Performance Styles, Including the Brand’s First-Ever Men’s Collection

Retrieved on: 
Thursday, February 1, 2024

Today lululemon (NASDAQ:LULU) revealed its 2024 spring and summer footwear offering with new casual and performance innovations, including the brand’s first men’s collection.

Key Points: 
  • Today lululemon (NASDAQ:LULU) revealed its 2024 spring and summer footwear offering with new casual and performance innovations, including the brand’s first men’s collection.
  • The collection will be available, in both men’s and women’s styles, online and in select stores across North America, Europe and China Mainland.
  • View the full release here: https://www.businesswire.com/news/home/20240201156773/en/
    Today lululemon revealed its 2024 spring and summer footwear offering, including the brand’s first men’s collection.
  • The brand plans to launch additional footwear innovations, including the Restfeel Sandal, throughout the year including new material iterations, across the product line.

ZymoChem Closes $21M Series A Round Led by Breakout Ventures with Investments from lululemon and Toyota Ventures

Retrieved on: 
Tuesday, January 16, 2024

SAN LEANDRO, Calif., Jan. 16, 2024 /PRNewswire/ -- ZymoChem , creators of the world's most carbon-efficient bio-manufacturing platform, closed a $21 million Series A round.

Key Points: 
  • SAN LEANDRO, Calif., Jan. 16, 2024 /PRNewswire/ -- ZymoChem , creators of the world's most carbon-efficient bio-manufacturing platform, closed a $21 million Series A round.
  • The investment is led by Breakout Ventures with participation from new investors including lululemon athletica, inc. and Toyota Ventures , and existing investors including GS Futures , KdT Ventures , and Cavallo Ventures .
  • To help address the climate crisis, ZymoChem rethinks how everyday products, from personal hygiene items to textiles, are produced.
  • ZymoChem redesigns manufacturing with products that do not come from fossil fuels, require carbon-intensive production, or persist for generations.