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Lululemon Athletica Inc. sees revenue rise 9 percent in Q3

Sports and lifestyle brand Lululemon saw its revenue increase by 9 percent in the third quarter. The company (officially called Lululemon Athletica Inc.) recorded a turnover of 2.4 billion dollars. The company saw the biggest growth in international net sales, which increased by 33 percent. Sales in the Americas as a whole (North, Central and...

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Following French retailer Kiabi, Lululemon hit by organized theft of one million dollars

After the 100 million euros embezzled by the former treasurer of Kiabi, it is Lululemon's turn to be the victim of a million-dollar scam orchestrated by a couple from Minnesota. While Aurélie B. allegedly abused her role to empty Kiabi's accounts, Lululemon thieves set up an ingenious system to steal merchandise from the store. Two cases that...

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