Lululemon reports jump in sales
09/06/2016
Yogawear brand Lululemon recorded net revenue of $495.5 million in the first quarter of 2016, up 17% on the first quarter of last year. This prompted the Canada-based company to raise its forecast for 2016. Total comparable sales, which include comparable store sales and direct to consumer, increased by 6% and gross profit was up 16% to $239.1...