Lululemon expects post-holiday discounting

Canada's lululemon athletica expects to do post-holiday markdowns to get rid of remaining merchandise, after more than a year of inventory shortages amid fast-growing demand for its upscale yoga togs, the company said. "Last year we didn’t have any product to do the holiday sales. This year, we anticipate we’ll be in a more normal markdown post-holiday mode," said CEO Christine Day.

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