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