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Lululemon aims to double sales by 2026, targeting more men

  Bloomberg Lululemon Athletica Inc outlined a new five-year plan intended to double sales to $12.5 billion by 2026, in part by expanding its offerings to men. The athletic-wear retailer aims to double the revenue it gets from men’s products and its digital channel, while quadrupling international sales from 2021 levels, the company said in a statement. Executives are meeting ...

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Poland’s air traffic control spat threatens 600 flights

  Bloomberg Poland’s simmering industrial dispute over working conditions for air traffic control staff threatens to disrupt more than 600 flights a day if a deal can’t be reached, Europe’s airspace-management body warned. Capacity for services to Warsaw could be cut to just 170 a day if the situation worsens, leaving around 340 at risk of cancellation, while 300 of ...

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Frasers to pay its incoming CEO $27m

  Bloomberg Frasers Group Plc’s new chief executive officer will receive a $27 million payment just days before he takes charge of the British retail group. The company behind Sports Direct and House of Fraser said it was awarding the payment to Michael Murray for his previous consultancy work at the group. Murray is not formally employed by Frasers but ...

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