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Lululemon Athletica raises full-year earnings forecast

  Bloomberg Lululemon Athletica Inc raised its full-year outlook, the latest sign that consumer demand among high-income shoppers remains strong even as inflation hurts purchasing power in other demographics. The maker of yoga pants and high-priced exercise attire now sees its full-year sales in a range of $7.87 billion to $7.94 billion, up from the previous range that had $7.71 ...

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Bed Bath & Beyond names interim CFO

  Bloomberg Bed Bath & Beyond Inc. promoted its chief accounting officer to interim chief financial officer after the death of former finance chief Gustavo Arnal. Laura Crossen, the company’s senior vice president of finance and chief accounting officer, has taken over the position, Bed Bath & Beyond said in a statement. She will continue as principal accounting officer. Arnal, ...

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Defiant Putin says his war in Ukraine will strengthen Russia

Bloomberg President Vladimir Putin said Russia will emerge stronger from his invasion of Ukraine as he lashed out at US and European “sanctions fever” in response to the war. “I’m sure that we’ve lost nothing and won’t lose anything,” Putin said at the Eastern Economic Forum in Vladivistok on Wednesday, after he was asked about the conflict in Ukraine by ...

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