Lululemon profit up 22%

The athletic apparel retailer saw its revenues jump 20 percent to $782.3 million (£462.51 million) thanks to product innovation and international expansion.

“Lululemon continues to see strong momentum across the entire business, I’m inspired by our teams who are executing at high levels, and I want to thank everyone across the globe for their passion and dedication to the brand. I look forward to the opportunities ahead of us, and delivering on our Power of Three five-year vision.” – Calvin McDonald – Lululemon Chief Executive

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