Friday, September 2, 2016

Lululemon Reaches a 'Turning Point' With Rise in Profits

Lululemon's plans to double revenue to $4 billion by 2020 is still on track. On Thursday, the Canadian athletic retailer reported that in the three months ending July 31, net sales increased 14 percent to $514.5 million and, thanks to inventory control and better product margins, the gross profits ...

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