Lululemon Alternatives

Alternative options for athletic and leisure apparel similar to Lululemon comprise renowned athletic apparel brands like Nike, Adidas, and Under Armour for a wide range of sportswear. Or brands like Liforme, Beyond Yoga, and Alo Yoga for stylish and comfortable yoga and fitness apparel options.

AlternativeKey FeaturesCore StrengthsWeaknesses
Athleta1. Athletic Wear: Offers a range of activewear and sports clothing. 2. Variety: Provides diverse styles and sizes. 3. Sustainability: Committed to sustainable practices.– Wide selection of activewear and athletic clothing. – Inclusivity in sizing and styles. – Focus on sustainability and ethical practices.– May have different design aesthetics compared to Lululemon. – Pricing may vary depending on the item. – Limited presence outside of North America.
Outdoor Voices1. Active Lifestyle: Promotes an active and inclusive lifestyle. 2. Technical Fabrics: Utilizes high-performance materials. 3. Community: Engages customers in outdoor activities.– Emphasis on promoting an active and healthy lifestyle. – Use of technical fabrics for performance. – Building a community around outdoor activities.– Smaller product range compared to larger competitors. – Price point may not suit all budgets. – Limited physical store locations.
Fabletics1. Subscription Model: Offers a subscription-based service. 2. Athletic Apparel: Provides a range of activewear. 3. Kate Hudson: Co-founded by Kate Hudson.– Subscription model for discounted activewear. – Diverse selection of athletic apparel. – Co-founded by a well-known figure, Kate Hudson.– Requires commitment to a subscription. – Styles and designs may not align with individual preferences. – Some customers may experience challenges with the subscription model.
Beyond Yoga1. Yoga Focus: Specializes in yoga clothing. 2. Sustainable Practices: Committed to eco-friendly materials. 3. Size Inclusivity: Offers a wide range of sizes.– Yoga-centric apparel and activewear. – Commitment to eco-friendly and sustainable materials. – Inclusivity in sizing.– May have a narrower focus compared to brands offering broader athleticwear. – Pricing may not be suitable for all budgets. – Limited presence in physical stores.
Alo Yoga1. Yoga Lifestyle: Promotes a yoga-centered lifestyle. 2. Performance Fabrics: Uses high-quality materials. 3. Celebrity Endorsement: Popular among celebrities.– Strong emphasis on yoga as a lifestyle. – Utilizes premium performance fabrics. – Gained popularity through endorsements from celebrities.– May have a narrower product range compared to some competitors. – Premium pricing may not be affordable for all consumers. – Limited physical store locations.
Lorna Jane1. Activewear: Offers a wide range of activewear. 2. Innovation: Focuses on innovative design and fabrics. 3. Australian Brand: Originated in Australia.– Extensive selection of activewear. – Emphasis on innovative design and materials. – Recognized as an Australian brand.– May have limited availability outside of Australia. – Styles and aesthetics may not align with individual preferences. – Pricing may vary depending on the item.
GapFit1. Affordability: Offers budget-friendly activewear. 2. Variety: Provides a range of athletic clothing. 3. Accessibility: Available at Gap stores.– Affordable options for activewear. – Diverse selection of athletic clothing. – Accessible through Gap retail stores.– May not offer the same level of performance as premium brands. – Styles may not be as specialized for specific sports or activities. – Quality and durability may vary depending on the item.
Under Armour1. Performance Focus: Specializes in performance athletic wear. 2. Technology: Integrates technology into clothing. 3. Variety: Offers a range of sports apparel.– Strong emphasis on performance and technology. – Wide variety of sports apparel. – Established presence in the sports industry.– Styles and aesthetics may differ from Lululemon’s. – Pricing may vary depending on the item. – Focus on performance may not suit all lifestyle needs.
Nike1. Global Brand: A well-known and global sportswear brand. 2. Performance: Offers high-performance athletic wear. 3. Variety: Provides a wide range of products.– Recognized as a global sportswear brand. – High-performance athletic wear. – Diverse selection of sports and fitness products.– May have different design aesthetics compared to Lululemon. – Premium pricing for some products. – Focus on sports performance may not align with all lifestyle preferences.
Puma1. Sports Fashion: Combines sports and fashion elements. 2. Variety: Offers a range of sportswear. 3. Global Brand: Recognized as a global sportswear brand.– Fusion of sports and fashion in their products. – Diverse selection of sportswear. – Global recognition as a sportswear brand.– May have different design aesthetics compared to Lululemon. – Pricing may vary depending on the item. – Focus on sports performance may not suit all lifestyle needs.

Athletic Apparel Brands:

  • Nike: A globally recognized brand offering a wide range of athletic apparel and footwear.
  • Adidas: A multinational brand known for its sportswear, shoes, and accessories.
  • Under Armour: A performance apparel and equipment brand specializing in athletic wear.
  • Athleta: A women’s athletic apparel brand with a focus on performance and style.
  • Outdoor Voices: A brand offering activewear for recreation and everyday activities.

Yoga and Fitness Brands:

  • Liforme: A yoga brand known for its eco-friendly and innovative yoga mats and accessories.
  • Beyond Yoga: A brand offering stylish and comfortable yoga apparel for women.
  • Alo Yoga: A yoga brand with a wide range of apparel, including leggings, tops, and accessories.
  • PrAna: A sustainable brand offering yoga and outdoor apparel made with eco-friendly materials.
  • Manduka: A brand specializing in high-quality yoga mats, towels, and accessories.

Related Visual Stories

lululemon Revenue

lululemon-revenue
Consistent revenue growth for Lululemon over the 6-year period (2018-2023) Increased from 2.65 billion in 2018 to 3.29 billion in 2019, representing a growth rate of approximately 24.1%. Continued growth from 2019 to 2020, with an increase of 0.69 billion and a growth rate of around 21%. Moderate increase in revenue between 2020 and 2021, with a 0.42 billion increase and a growth rate of nearly 10.6%. Significant growth from 2021 to 2022, with an increase of 1.85 billion and a growth rate of around 42%. Strong growth from 2022 to 2023, with an increase of 1.86 billion and a growth rate of approximately 29.8%

lululemon Profits

lululemon-profits
Fluctuating net income for Lululemon over the 6-year period (2018-2023) Significant increase from 258.66 million in 2018 to 483.8 million in 2019, representing a growth rate of approximately 87% Continued growth from 2019 to 2020, with an increase of 161.79 million and a growth rate of around 33.4% Slight decrease in net income between 2020 and 2021, with a drop of 56.68 million and a decline rate of nearly 8.8% Substantial increase from 2021 to 2022, with an increase of 386.41 million and a growth rate of around 65.6% Decrease in net income from 2022 to 2023, with a drop of 120.52 million and a decline rate of about 12.4%

lululemon Stores

lululemon-stores
Distribution of stores across various countries in 2023: United States: 350 stores, largest market People’s Republic of China: 117 stores, second-largest market Canada: 69 stores Australia: 32 stores United Kingdom: 20 stores South Korea: 16 stores Germany: 10 stores New Zealand and Singapore: 8 stores each Japan: 7 stores France and Ireland: 4 stores each Spain: 3 stores Malaysia and Sweden: 2 stores each Netherlands, Norway, and Switzerland: 1 store each

lululemon Employees

lululemon-employees
Steady growth in employee count from 2019 to 2022 Increase from 19,000 employees in 2019 to 25,000 employees in 2020, representing a growth rate of approximately 31.6% Continued growth from 2020 to 2021, with an increase of 4,000 employees and a growth rate of around 16% Further growth from 2021 to 2022, with an increase of 5,000 employees and a growth rate of approximately 17.2%

lululemon Sales per Square Foot

lululemon-revenue-per-square-foot
In 2019, sales per square foot were $1,657 2020 data unavailable due to the impact of COVID-19 on sales figures and store operations Sales per square foot dropped to $1,443 in 2021, representing a decrease compared to 2019 Recovery in 2022, with sales per square foot increasing to $1,580, but still slightly lower than the 2019 level

lululemon Revenue By Geography

lululemon-revenue-by-geography
US: $5.65 billion, largest market Canada: $1.16 billion China: $0.681 billion Rest of the World: $0.611 billion

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