Lululemon posts 21% revenue growth on the Chinese mainland in Q1

Athleisure brand Lululemon Athletica Inc reported solid first-quarter results for fiscal year 2025. Net revenue on the Chinese mainland rose 21 percent year-over-year, or 22 percent on a constant currency basis, mainly boosted by its product offerings that mix performance and style.

Globally, Lululemon's total net revenue grew 7 percent to $2.4 billion, with international markets delivering 19 percent growth, reflecting robust demand outside North America.

Calvin McDonald, CEO of Lululemon, during the Q1 earnings call, said this performance in the Chinese market reflects the strength of their product assortment—combining high performance with high style—as well as brand and community initiatives that continue to deepen their connection with consumers. McDonald's said that the company still has significant room for growth in market share and brand awareness.

Product innovation continues to be central to Lululemon's strategies. In the first quarter, for women, the Define collection maintained its global momentum, while the newly introduced Daydrift collection has seen promising early traction. Performance lines like Zeroed In and ShowZero have emerged as standout offerings for men.

Looking forward, Lululemon is targeting five priority growth categories: yoga, running, training, golf, and tennis. Last month, the company held its largest yoga event in Beijing, drawing over 5,000 participants as part of its efforts to deepen consumer engagement and strengthen community sports.