News

Lululemon cuts revenue forecast

13/01/2014

Canada-based yogawear company Lululemon has decreased its revenue forecast for the fourth quarter of the year following disappointing sales in January. It said revenues will be in the range of $513 million to $518 million compared with its previous estimates of $535 million to $540 million John Currie, lululemon's CFO, said: "We were on track to ...

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