Signal on the entrance to the Lululemon retailer in Midtown Manhattan.
Erik Mcgregor | Lightrocket | Getty Photos
Lululemon is partnering with the NFL to launch an attire assortment that includes the logos of all 32 NFL groups, the corporate and league introduced Monday. It can mark the primary time the retailer has provided formally licensed merchandise for the NFL or any of its franchises.
The gathering, set to launch Tuesday, will embody each males’s and ladies’s attire and equipment with NFL staff symbols. A few of Lululemon’s most notable merchandise — together with its Regular State males’s franchise and ladies’s types corresponding to Outline, Scuba and Align — are a part of the gathering.
Shares of Lululemon rose greater than 3% in morning buying and selling Monday.
Lululemon, lengthy recognized for its roots in yoga put on, has made a notable push into sports activities and efficiency lately. The retailer struck a partnership with the NHL final yr to launch team-branded gadgets. It has additionally grown its roster of sports-linked ambassadors to incorporate PGA golfers Min Woo Lee and Max Homa, ATP tennis professional Frances Tiafoe, NFL participant DK Metcalf and NHL participant Connor Bedard. Earlier this yr, the retailer made maybe its greatest splash thus far, naming F1 champion Lewis Hamilton as an envoy.
Celeste Burgoyne, president of Lululemon’s Americas division and world visitor innovation, stated the retailer sees a chance inside sports activities the place it may well present “the very best product for these followers within the premium area to have the ability to rejoice their groups.”
“It truly is about enabling our current friends to have the ability to now put on Lululemon in arenas and stadiums, however it’s additionally a few new visitor and increasing and actually connecting our worlds as a way to develop our visitor base,” she stated in an interview with CNBC.
Lululemon has struggled in current quarters. The corporate has been hit onerous by the influence of tariffs and different shifting shopper tendencies. However CEO Calvin McDonald, talking with CNBC final month, stated he sees a chance to innovate throughout the firm’s key classes and gadgets.
For the NFL, partnering with Lululemon on a brand new assortment is one other alternative for the league to broaden its attain for staff gear, in line with NFL Chief Income Officer Renie Anderson.
“We wish to be sure that we’re creating a spread, an assortment for all followers, from informal to the extra basic types,” Anderson instructed CNBC. “It is all part of that ecosystem of ardour and love for the game and your membership, and the power to specific your self that method, whether or not it is enjoyable methods with foam fingers or hats, or in a cool, informal, modern method.”
The brand new gadgets will likely be out there on the league’s e-commerce website and at staff retail areas, in addition to by way of Fanatics, which has a longstanding partnership with the NFL and holds the league’s shopper product licensing rights for fan gear.
Andrew Low Ah Kee, CEO of Fanatics Commerce, stated the sports activities business has traditionally typically overserved followers in sure informal product classes, like T-shirts and hoodies, however that there’s now “an actual demand and urge for food for really premium.”
“The jersey is really the uniform of sport,” Low Ah Kee instructed CNBC. “So once we take into consideration a shopper’s closet, we expect there is a function for jerseys, however we expect there is a function for lots of different attire as effectively.”
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