After eight years, Lululemon Athletica Inc. will be shutting down almost all of its Ivivva stores. The stores, which offers yoga and athletic wear for girls, will be shutting down 40 out of 55 locations. According to CTV News, the closures follow years of operational losses.
As of right now, the majority of Ivivva stores are based in the United States, with only 11 locations in Canada. While Lululemon hasn’t stated which locations will close yet, they have confirmed that all Ivivva Showrooms will shutter, including one based in Canada, and that all of the closures will happen by August 20th if this year. Of the 15 remaining Ivivva stores, half will be converted to Lululemon outlets, leaving only 8 freestanding Ivivva locations across North America.
But fans of the yoga and athletic wear line need not fret, the Vancouver-based retailer will continue to sell the girls’ collection online.
Are you surprised that Ivivva stores are closing? Let us know in the comment section.
Featured Image: Instagram/@Ivivva
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