China turns growth engine for Lululemon Athletica Inc in Q3

Lululemon Athletica Inc's business in China emerged as one of its strongest global growth engines in the third quarter of fiscal year 2025, driven by surging demand for outerwear, successful product innovation and deeper penetration into lower-tier cities — helping to offset softer sales in the Americas.

For the quarter, Lululemon Athletica said net revenue rose 7 percent year-on-year to $2.6 billion. Revenue in the Americas declined 2 percent, while international revenue surged 33 percent.

China remained the standout. International performance was fueled by a 46 percent increase in revenue in the Chinese mainland, or 47 percent on a constant-currency basis, according to Chief Executive Officer Calvin McDonald.