TORONTO, Canada — Lululemon Athletica Inc., having won over millions of women with its high-priced yoga gear, wants to keep growth going by chasing men.
VANCOUVER, Canada — Lululemon is on the hunt for a new CEO. The yoga clothing company that made headlines earlier this year for its see-through pants snafu said Monday that CEO Christine Day will step down as head of the company after a successor is named. Day has held the CEO spot for more than five years.
In a three-part report, BoF examines New York City’s ever-shifting retail landscape. Today, we consider the rise and recasting of the Meatpacking District.
NEW YORK, United States — Yoga wear maker Lululemon Athletica is reporting fourth-quarter results that beat Wall Street expectations. But the Canadian company said Thursday that its decision this week to pull its popular black yoga pants off the shelves because the fabric showed off too much of their wearers will dent their financial results for this year.
VANCOUVER, Canada — Lululemon Athletica Inc. fell after it said a shortage of a women’s pants line will have a “significant” effect on financial results and will mean its first-quarter revenue will be lower than forecast.