Thursday, September 12, 2013

Lululemon lowers forecasts, shares plunge $LULU


Lululemon lowers forecasts, shares plunge $LULU

The company took a hit earlier in March when it was forced to recall its most popular yoga pants, because they became see-through when customers would bend over.
In the wake of that, the company's top product executive left the company, and in June, the company announced that CEO Christine Daywould also be leaving the company when a replacement was found. No announcement has yet been made on her successor.

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