Thursday , 22 January 2026

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Lululemon gains most in 6 months as sales begin to recover

Bloomberg Lululemon Athletica Inc. kicked off its biggest rally in almost six months after pulling out of a slump and announcing plans to revamp its line of girls’ apparel. After slow sales spooked investors earlier this year — a problem that Chief Executive Officer Laurent Potdevin blamed on poor web traffic and a dull product assortment — the company posted …

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Canada Goose defies brick-and-mortar gloom

Bloomberg Canada Goose Holdings Inc., making a retail push during a shaky time for the industry, said its first two brick-and-mortar stores have “far surpassed” expectations, contributing to stronger results in its inaugural quarter as a public company. Sales gained 22 percent last quarter, the maker of down parkas and other luxury goods said. While the Toronto-based company posted a …

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Abu Dhabi’s trade in pearl, gemstones hits AED4.7bn

ABU DHABI / Agencies The total value of Abu Dhabi’s trade in pearl, gemstones and precious metals amounted to AED4.7 billion during the Q1 of 2017 from AED3.3 billion during the corresponding period last year, a growth of 42.4 percent, according to figures released by Abu Dhabi Statistics. The growth is driven by entrepot, including the non- oil commodities coming …

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