News

Lululemon returns to growth

30/03/2017

Athletic apparel brand Lululemon increased its net revenue to $2.3 billion (US) its 2016 fiscal year (which ended on January 29, 2017). This represents growth of 14% compared to the figure for 2015. Profits before tax for the year increased by 20%, the Vancouver-based company said, reaching $1.2 billion. Chief executive, Laurent Potdevin, said...

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