ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Lululemon rises after annual outlook exceeds expectations
BLOOMBERG Lululemon Athletica Inc shares jumped after the company gave an annual outlook that surpassed analysts’ expectations, driven by high demand for activewear, even as it deals with nagging inventory issues that ate into margins. The stock rose 16% in early trading in New York. If the gain holds, it would be Lululemon’s biggest rise since March 2020. The retailer …
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