The model was spotted at a tennis match with Timothée Chalamet and Kylie Jenner...
Lululemon Competitors or Alternatives
Lululemon's top competitors include Nike, Adidas and Under Armour.
Lululemon VS Nike
Nike president and CEO John Donahoe has a higher approval rating than that of Lululemon's CEO. With an annual revenue of $41.9B, Nike exceeds Lululemon's revenue of $7.5B. Lululemon's employee count totals 29,000 while Nike has an employee count of 79,100. Nike has 13 subsidiaries with its latest acquisition of RTFKT, Inc. occurring Dec 2021. Nike hired James Loduca as Chief Diversity, Equity, and Inclusion Officer in Mar 2023. While Chief Digital Information Officer, While Ratnakar Lavu left Nike in Feb 2023. Nike VP, General Manager, Whitney Malkiel stepped down in March 2023. It was announced in late Dec 2022 that Nike launched Swoosh, a new metaverse marketplace platform meant to create an inclusive community for athletes and the brand's consumers.
Lululemon VS Adidas
Adidas CEO Bjorn Gulden has an approval rating of 100 compared to the approval rating of Lululemon’s CEO Calvin McDonald who received an 83 approval rating. The employee count at Adidas totals 59,258 compared to 29,000 at Lululemon. Annual revenue at Adidas is $24B, whereas Lululemon’s annual revenue is $7.5B. Adidas has only one subsidiary, Runtastic GmbH, acquired in Aug 2015. In Feb 2023, Adidas Senior Vice President of Global Marketing, Vicky Free, stepped down. While Adidas welcomed Nathan VanHook as Vice President of Design for its Basketball Division. In March 2023, the Germany-based designer, manufacturer and distributor of apparel, footwear, and accessories announced in the launch of The Parley Pack – the brand’s first football boot pack designed to reduce plastic waste.
Lululemon VS Under Armour
Stephanie Linnartz, CEO at Under Armour has an approval rating of 82, just shy of Lululemon CEO Calvin McDonald’s rating of 83. Linnartz joined Under Armour in Feb 2023. This followed the departure of Colin Browne, Interim President & CEO during the same month. The employee count at Under Armour totals 17,500. Lululemon’s employee count is 29,000. With annual revenue of $7.5B, Lululemon exceeds Under Armour’s annual revenue of $5.8B. Under Armour has 4 subsidiaries with its latest acquisition of Gritness, Inc. occurring Jul 2015. Under Armour saw a revenue changed from $5.72B in Jun 2022 to $5.75B in Sep 2022. The latest Under Armour product launch was announced in India during Jun 2022 – running shoes named the HOVR Machina 3.
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Frequently Asked Questions about Lululemon
Who are Lululemon's top competitors?
Lululemon's top 3 competitors are Nike, Adidas, Under Armour.Who is similar to Lululemon?
Nike is the most similar to Lululemon. Adidas and Under Armour are also similar to Lululemon.
Are Lululemon and Nike competitors?
Yes, Nike is one of Lululemon’s top competitors.