lululemon is Opening a Yoga Studio in SoHo
lululemon, the athletic apparel chain for fit men and women, will be opening it’s first yoga studio in SoHo, New York. The Canada-based retailer is known for holding yoga classes in stores among the merchandise. The 9,230-sq.-ft. store at 520 Broadway has plenty of space for an actual studio. The SoHo Lululemon store is just a 5 minute walk from the ALO Yoga SoHo store which also has their own studio. For anyone living in the area, they’re in luck with accessibility to brand sponsored yoga instructors and ambassadors.
“This is a particularly interesting project from a construction perspective and we’re excited to use our retail expertise to ensure it is a truly memorable addition to the space,” said Matthew Schimenti, president of Schimenti Construction, the company hired to complete the build out.
How is lululemon Doing?
lululemon recently reported that revenue was up 25% to $724 million in the second quarter, due mainly to online growth and increasing sales across China. The company ended the quarter with 415 stores.
Schimenti Construction is the main company behind multiple NY flagship store builds. SoHo stores include the Nike flagship store at 529 Broadway and REI at 303 Lafayette.
I personally can’t wait! Bring it on Lululemon.
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Source: CSA