Lululemon Athletica Enters New Market In Europe: Check Out Where

by Shivani Kumaresan, Benzinga Staff Writer

July 5, 2022 2:34 PM | 1 min read |

Lululemon Athletica Inc LULU is planning to launch in Spain by opening stores in Madrid and Barcelona.
It will also launch a local e-commerce site in Spain.
The company enters Spain as the first new market in Europe since 2019.
In September, lululemon will open its retail locations in Calle Serrano and Paseo de Gracia shopping districts.
Lululemon currently operates almost 40 stores and three local language sites in eight countries in Europe- France, Germany, Ireland, the Netherlands, Norway, Sweden, Switzerland, and the U.K.
Price Action: LULU shares are trading higher by 6.15% at $279.57 on the last check Tuesday.