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Lululemon revenues rise 37% in 2012

21/03/2013

Despite the furore surrounding the recall of sub-standard pants this week, Canadian yogawear brand Lululemon has reported net revenue for the fourth quarter of fiscal 2012 up 31% to $485.5 million and for the full year up 37% to $1.4 billion. Lululemon CEO Christine Day said: "The fundamentals of our business are strong, we delivered excellent...

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