Lululemon Awarded Patent for Branded Shoe Line

    • Lululemon is making progress as it looks to launch a branded shoe line next year.
    • The athleisure brand filed a patent to do so.

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Lululemon is preparing to launch a sneaker line with help from talent associated with the biggest names in athletic apparel.

The athleisure brand was awarded a patent on October 12 for its forthcoming shoe brand, which will lean on designers who previously worked for Nike, Under Armour, and Adidas.

The company has teased a move into footwear since at least 2019. Its branded shoes are scheduled to hit stores in “early 2022” according to CEO Calvin McDonald.

  • Lululemon saw huge growth in the second quarter, keeping the gains it made in online retail while seeing a major bounceback for in-person retail. 
  • The company posted $1.45 billion in second-quarter revenues, up 61% year-over-year and 64% from the same period in 2019.
  • Lululemon aims to double its menswear revenue to $1.4 billion by 2023.

Lululemon has offered shoes from APL since 2017. A Piper-Sandler survey from April found that Lululemon was the ninth-best-rated shoe brand among teenagers, despite not producing their own sneakers. Nike, Adidas, and Under Armour took the top three spots.

McDonald said in a December 2020 earnings call that the collaboration with APL showed strong potential for the company’s self-branded footwear sales.