lululemon(US:LULU) Jie Fang Ri Bao·2025-11-13 01:35Core Insights - Shanghai is a preferred investment destination for foreign businesses and multinational companies, emphasizing the importance of boosting sports consumption to foster new growth points in consumption and promote the integration of national fitness and health [1] - Lululemon is recognized as a significant player in the sports industry, having established its presence in Shanghai in 2013 and being designated as a regional headquarters for multinational companies in 2020 [2] Group 1 - The Mayor of Shanghai, Gong Zheng, highlighted the city's commitment to enhancing sports consumption and creating an innovative environment for businesses, aiming to develop Shanghai into a global sports city [1] - Lululemon's CEO, Calvin McDonald, acknowledged Shanghai as a crucial business hub and expressed gratitude for the city's support, indicating plans to deepen investment and collaboration in community development and health initiatives [1] Group 2 - Lululemon is the second-largest market for the company globally, indicating the strategic importance of the Chinese market for its growth [2] - The company aims to leverage the China International Import Expo to introduce new products, technologies, and services to the Shanghai market [1]