SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »Lululemon reports rise in e-commerce business
Bloomberg Lululemon Athletica Inc reported a surge in its e-commerce business as quarantined consumers flocked to comfy apparel like yoga pants. Chief Executive Officer Calvin McDonald said he is “cautiously optimistic†about the second half of the year. In an echo of retailers including Gap Inc and Nike Inc, Lululemon’s comparable online sales excluding currency impacts rose 157% in the ...
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