Home » World » Lululemon’s Sales in China Soar by 79% in Q1 2023, Plans to Expand Further

Lululemon’s Sales in China Soar by 79% in Q1 2023, Plans to Expand Further

Peking7 Mi.Y. (Xinhua) — Kevin MacDonald, CEO of Lulu Lemon (Lululemon) Canadian sportswear company Reveal revenue from sales in China first trimester (JanuaryMarch) more 79% year on year

Cheng Weixiong, founder of the company Brand management Shanghai Liangqi Co., Ltd. said the above growth was related to growing domestic demand for clothing.

Lululemon entered the Chinese market in 2016. 2013 Currently, there are branches 101 in 36 city ​​on mainland China

Lulu Lemon’s First Quarter Financial Report which was published on 2 Mi.Y. stated that the company Plan to open a branch store 30-35 in the global market in 2017. 2023 And most of the new stores are located in China.

Lulu Lemon aims to have a branch store. 220 in China within a year. 2026 and making China the largest market 2 of the company

(Compiled by Su Dan — Xinhua Silk Road,

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#Lululemon #Reports #China #Revenue #Grows #Quarter
2023-06-06 19:16:15

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