Canada's Lululemon plans expansion as revenue increases

09/11/2009 | Google

Lululemon Athletica said it had to bolster inventory to meet increasing demand as revenues jumped 14% in the summer quarter. "We are very encouraged by the overall results we are seeing," said Lululemon CEO Christine Day. The clothing retailer, based in Vancouver, British Columbia, said it plans to open about 15 stores next year.

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