lululemon: retail stores worldwide 2012-2022 | Statista (2024)

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Lululemon: retail stores worldwide 2012-2022 | Statista? ›

Number of Lululemon Stores (2016 -2021)

By the end of FY2021, Lululemon operated 521 stores, up from 491 operational stores in 2020.

Number of Lululemon Stores (2016 -2021)

By the end of FY2021, Lululemon operated 521 stores, up from 491 operational stores in 2020.

491

Lululemon Athletica / Number of locations (as of February, 2020)

Lululemon's international expansion (most importantly China) will increase Lululemon's addressable market and gain exposure to the 2nd largest activewear market.

Market cap: $47.33 Billion

As of April 2023 lululemon athletica has a market cap of $47.33 Billion. This makes lululemon athletica the world's 358th most valuable company by market cap according to our data.

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 UK .

Lululemon market size is largest in the US by far, however the brand is sold globally.

Its Company-operated stores include approximately 600 stores in 17 countries. Its retail stores are located primarily on street locations, in lifestyle centers, and in malls.

While Wilson acknowledged that the 'L' sound “does not exist in Japanese phonetics”, he stated the Lululemon was simply created for the 3 'Ls' and means “nothing more and nothing less”. Despite the arguably inappropriate theory that led to the name Lululemon, there's no denying its success.

How many stores does Lululemon have outside the US? ›

Chip Wilson and Lululemon's early international expansion

Back in October 2004, when Wilson first launched expansion outside North America, he selected Melbourne, Australia, as the debut location partly because Australians' active and outdoor-oriented culture paralleled that found on North America's West Coast.

According to Similarweb data of monthly visits, lululemon.com's top competitor in March 2023 is urbanoutfitters.com with 13.0M visits. lululemon.com 2nd most similar site is shopbop.com, with 4.1M visits in March 2023, and closing off the top 3 is aloyoga.com with 2.6M.

Right now, it's estimated that Lululemon commands only 2% of the global sportswear market (based on trailing-12-month revenue of $7.5 billion).

While there are many interesting companies in this industry, this analysis specifically compares the global market leader Nike to its smaller competitor Lululemon Athletica, which although smaller in size, is becoming very popular and could achieve impressive growth in the last few years.

Number of Nike stores globally 2009-2022. As of May 31, 2022, Nike operated a total of 1,046 retail stores throughout the entire world, which is just two stores less than the previous financial year. The number of Nike stores in the United States amounted to nearly 350 in that year.

The company has some major growth pillars it can rely on, like continuing to focus on men's apparel, international expansion, and its digital channel. Right now, it's estimated that Lululemon commands only 2% of the global sportswear market (based on trailing-12-month revenue of $7.5 billion).

Interactive chart of Lululemon Athletica Inc (LULU) annual worldwide employee count from 2010 to 2023. Lululemon Athletica Inc total number of employees in 2023 was 34,000, a 17.24% increase from 2022. Lululemon Athletica Inc total number of employees in 2022 was 29,000, a 16% increase from 2021.