Global sales growth forecast of top athletic wear companies 2019

Athletic apparel retailer lululemon athletica’s sales were expected to grow by 14.3 percent between 2019 and 2020. Sales of Nike were forecast to increase by 7.7 percent over the same period.

lululemon athletica: the new kid on the block

The growth of relative newcomer lululemon athletica has caught the attention of many in the athletic wear market. The company has increased its annual net revenue since 2008 and could report record revenue figures in 2019 with sales set to generate almost 3.5 billion U.S. dollars. With the athletic wear industry showing no signs of leveling off, lululemon has established one of the leading mass-market apparel brands worldwide and saw its brand value increase by 77 percent between 2018 and 2019.

Who are lululemon athletica?

Often credited with fueling the athleisure trend, lululemon reacted to consumer demand for comfortable, practical, and stylish athletic wear that is suitable for everyday occasions. With Yoga at its core, the company is best known for producing practical clothing with fabrics that wick away moisture and dry quickly. The Canadian company has developed a community of both men and women that is willing to pay a premium price for lululemon branded products.

Sales growth forecast of the leading athletic apparel, accessories and footwear companies worldwide in 2019*

Sales growth
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Sources

Release date

August 2019

Region

Worldwide

Survey time period

2019

Supplementary notes

* Sales growth forecast is for the NTM (next twelve months) of business as of August 20, 2019.

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