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Lululemon, now a $US55b behemoth, wants you to wear activewear all day

Lululemon, now a $US55b behemoth, wants you to wear activewear all day

Nasdaq-listed Lululemon is selling so many leggings that it has joined the S&P 500. Having bounced back after a few stumbles, it’s a company with stretch goals. From the upcoming fashion issue out on March 22.

In May 2023, Lululemon invited customers to do something a little different. Say they owned a pair of leggings that were – how to put this delicately – inspired by Lululemon’s famed Align pants, they could come to a pop-up space in Los Angeles and swap them for the real thing. No catches, no questions asked, no terms or conditions: a straight swap.

“Yes! Dupe swap!” says chief brand officer Nikki Neuburger with a laugh. She pauses, as if wondering how to explain this curious marketing move, one that rewarded people who’d bought a cheap version of a cult product by gifting them the real thing. “Dupe culture is prevalent, we know that,” she says. “And Lululemon is one of the top dupe brands. I see that as a compliment – people are saying, ‘this is an awesome product, but maybe you don’t want to spend that much’.”

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Lauren Sams
Lauren SamsFashion editorLauren Sams is the fashion editor, based in Sydney. She writes about lifestyle including the arts, entertainment, fashion and travel. Lauren has worked as a features editor and fashion journalist for ELLE, marie claire and more. Email Lauren at lauren.sams@afr.com

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Original URL: https://www.afr.com/life-and-luxury/fashion-and-style/lululemon-now-a-us55b-behemoth-wants-you-to-wear-activewear-all-day-20240221-p5f6ms