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If you were thinking about taking up a few hot yoga classes or looking to begin your “Pilates Princess” journey to kick off the new year, there is one brand that seemingly wants no part in outfitting “certain demographics” for these endeavors: Lululemon. In an interview with Forbes, brand founder Chip Wilson minced few words… Continue reading Can We Still Shop At Lululemon?
Moderating food and gas prices are helping consumers to shift their spending to discretionary items.
The top five sustainable U.S. equity mutual funds in Barron’s annual survey returned an average 35%, including dividends, against the S&P 500’s gain of 26%.
The customer is always right… And certainly never fat. You’d think Chip Wilson would have got the memo by now. After all, the billionaire founder of athleisure wear brand Lululemon was forced to step down in 2013 after saying in a Bloomberg TV interview that the only reason the brand’s leggings occasionally went see-through was because “some women’s bodies just actually don’t work for it. It’s really about the rubbing through the thighs, how much pressure is there.”
Lululemon raised its fourth-quarter sales and profit forecasts on Monday, in a sign that deeper discounts and deals spurred more customers.