Lululemon says it’s on track for $4 billion by 2020
28/03/2018
Profits were up by 17% to $1.4 billion. The company ended the year with 404 stores but pointed out on releasing the results that its online direct-to-consumer sales increased by 27% in 2017.
Chief operating officer, Stuart Haselden, said at the time of the announcement: “We are seeing strong momentum across our business as we now move into 2018, which is further positioning us to achieve our 2020 revenue goal of $4 billion.”
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