Revenues up but income down for Lululemon - sportstextiles: Lea SportsTextiles

News

Revenues up but income down for Lululemon

11/12/2017
Yogawear brand Lululemon has reported revenues of just over $1.7 billion for the first nine months of 2017, an increase of 10.9% compared to the same period in 2016. Net income for the nine-month period, however, fell by 16.9% to $138.9 million.

Chief executive, Laurent Potdevin, called the company’s performance “robust”.

In August, Lululemon began a closure programme of stores under the ivivva brand.


Related stories:

Strong Q2 for Lululemon as new CEO takes over 31/08/2018
Strong growth for Lululemon in first quarter 01/06/2018
Lululemon collaborates with London fashion students again 14/03/2018
Lululemon founder reduces his stake in the company 22/02/2018
Lululemon CEO resigns 06/02/2018
Lululemon expects boost from US tax reform 09/01/2018

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.