1. Department: Consumer Durables

Lululemon is confident in its prospects

Lululemon Athletica offered an outlook that was better than expected by analysts as the yoga-inspired retailer sees demand for its activewear remaining strong. The company sees sales growing 15 percent this year as it continues to try to rid itself of excess inventory. Lululemon’s inventory levels are up 50 percent over last year.

View Original Article
https://retailwire.com/
Do you like RetailWire's articles? Follow on social!