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Gianna Bryant who has the nicknames Mambacita and Gigi died in the helicopter crash that also killed her father, Kobe, in January 2020. Vanessa Bryant had been working with Nike on a deal to sell the shoes, she explained, but the partnership was nixed when she didn t re-sign her husband s contract with the sneaker giant. The Mambacita shoes were not approved to be made in the first place, Bryant said on her Instagram account. I do not know how someone else has their hands on shoes I designed in honor of my daughter, she said. A representative from Nike did not immediately respond to CNBC s request for comment. ....
Its stock rose less than 1% on the news in extended trading. Here s how Lululemon did for the period ended May 2, compared with what analysts were anticipating, based on a Refinitiv survey: Earnings per share: $1.16 adjusted vs. 91 cents expected Revenue: $1.23 billion vs. $1.13 billion expected Net income grew to $145 million, or $1.11 per share, from $28.6 million, or 22 cents per share, a year earlier. Excluding one-time charges, Lululemon earned $1.16 a share, better than the 91 cents per shares that analysts estimated. Revenue rose to $1.23 billion from $652 million a year earlier, when its stores were temporarily shut. That came in ahead of expectations for $1.13 billion. On a two-year basis, sales grew 57%. Lululemon also said its men s business grew faster from 2019 levels than its women s. ....