Lululemon, the renowned Canadian activewear retailer, has announced its entry into Spain later in July.
This would be the retailer’s first new market in Europe since 2019.
Much to the delight of its Spanish lovers and loyalists, the retailer is coming up with a Spanish version of its e-commerce site later this month.
This will eventually be followed by the launch of two stores in September 2022 – one each in Barcelona and Madrid.
Lululemon has been putting efforts to drive its global growth strategy! Back in April this year, it had laid out a path to attain a yearly revenue of US $ 12.5 billion, which includes a target of quadrupling its international business.
And withing 3 months, the efforts have paid rich dividends as Lululemon enters Spain.
Founded in 1998, Lululemon today operates in around 40 stores across Europe, in France, Germany, Ireland, the Netherlands, Norway, Sweden, Switzerland and the UK.
