Lululemon UK full-year profits & sales rise

Lululemon's sales and profits have risen over the year
The self-described yoga-inspired retailers profits and sales are up from last year.
// Lululemon’s sales and profits have risen over the year  
//  Store expansion across the UK boosted the results

Lululemon recorded an uptick in profits and sales in its UK market, which was boosted by a store expansion programme.

In its recent full-year results, profit in Lululemon’s UK wing increased by 42 per cent after tax totalling at £1.2 million.

The trading update covering the year to January 31 also showed turnover at the retailer increased 38 per cent year-on-year to £40.8 million.

During the period, the Canadian athletic apparel retailer opened two new UK stores in Guilford, Manchster as well a concession in Selfridges.

Employee size has also increased from 250 to 279.

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