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Lululemon hopes to break $2bn this year

09/06/2015
Lululemon hopes to break $2bn this year

Canadian yoga brand Lululemon says it has been “striking a strategic balance” between growth and investments with an eye on breaking the $2 billion revenue mark this year. Sales for the first quarter rose 10% to $423.5 million while profit grew 5% to $205.9 million. CEO Laurent Potdevin said the figures were higher than expected. "We drove...

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