Lululemon is being considerate, and as inflation bites customers, it has launched a new program for people to trade in or resell their used workout clothes. Customers will be given an option to return their gently used jackets, tops, and leggings as per the announcement.
According to CNBC, Lululemon is rolling out this program after a successful trial in California and Texas that started in May 2021. The company created this scheme due to the rising consumer prices and its commitment to sustainable business.
Lululemon's "Like New" trade-in and resell program will officially debut this month and is said to be powered by Trove, a resale technology provider. Under the program, customers will be allowed to trade their old Lululemon-branded clothing apparel and exchange them for a gift card that can be claimed at any of the company's store outlets in the United States.
People can also buy anything from the retailer's selection of used items that can be found in a different category on the company's website. Customers can expect to find new items in this section every day.
"At lululemon, we are deeply committed to creating quality products built to last and that are better for people and the planet. Bringing lululemon Like New to all U.S. guests is a major step toward a circular eco-system and achieving our Impact Agenda goals to reduce our environmental footprint," Lululemon's president, Americas and Global Guest Innovation, Celeste Burgoyne, said in a press release. "We have seen incredible momentum from our pilot program and we look forward to welcoming new guests nationwide."
Maureen Erickson, Lululemon's senior vice president of Global Guest Innovation, said that their "Like New" program would help them attract customers who are looking for good shopping deals. Through the resale, the company believes, it will also get more sales and bolster repeat customers as well.
Lululemon will also help in reducing the amount of trash that goes to the landfills by recycling slightly used clothes. Starting April 22, people can simply head to any of the brand's 394 stores and trade in their workout tops and leggings.


South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 



