Lululemon posts impressive UK profits

Lululemon has filed its UK accounts, which shows an impressive growth in sales and profits as the ‘athleisure’ trend continues to grow.

The brands UK operation experienced a 38% growth in year-on-year sales to £40.8 million in the 12 months to January 31^st.  Post tax profits grew by 42% to £1.2 million.

The brand expanded its retail footprint in the UK with new stores in Guildford and Manchester, as well as a concession in the London Selfridges store.

The company has launched a podcast this week called ‘Sweatlife’.  It is collaboration with Verizon Media’s Makers, and will focus on physical and mental wellbeing.