Online consignment and thrift store thredUP has compiled a list of brands that earn consumers the most cash when they're resold.» Read More
Stocks, stuck in their own zigzag pattern, remain vulnerable to the whims of unusually volatile currency markets in the week ahead.
Jim Cramer is preparing for next week and sees that one key datapoint from China will determine the direction of the market.
TORONTO, March 17- When retailer Lululemon Athletica pulled its "Define Jacket" off the shelves in 2013, customers were dismayed. Some Wall Street brokers have turned negative on the stock ahead of Lululemon's next earnings report on March 26, but many longtime shoppers have regained enthusiasm. They say a wider selection of styles, colors and prints are at the...
It's not often that the price of a pair of running shorts costs more than a yearlong gym membership.
After months of promotions, retailers are finally trying to break consumers' addiction to discounts. Will shoppers call their bluff?
TORONTO, March 5- Kit and Ace, a Canadian apparel start-up backed by the billionaire founder of Lululemon, will open stores in London, Australia and Japan this year, ahead of schedule, prompted partly by choice real estate, one of its senior executives said. The ramp-up in Kit and Ace's growth plans comes as Lululemon Athletica Inc founder Chip Wilson, who announced...
Best Buy has a new tactic that Brian Sozzi says could be good news for sales. Plus, get ready: The Dyson robots are coming.
A retail expert says that retailers will start planning ahead for similar scenarios by crafting contingency plans.
Remember New Coke, or Lululemon's sheer pants? Blunders can lead to disastrous results. Here's how CEOs can recover, experts say.
As oil prices fall, it becomes harder for energy companies to maintain profitability.
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One analyst said Chip Wilson's exit from Lululemon won't derail its turnaround, which has finally started to take shape.
Feb 2- Lululemon Athletica Inc founder Chip Wilson said on Monday he is quitting the board of directors of the yogawear retailer, hit nearly two years ago by a major recall, because the company was back on track with a strong management team. Kit and Ace plans to open at least 100 stores across North America by 2019.. Wilson, who founded Lululemon in 1998, withdrew...
Take a look at some of Monday's midday movers:
TORONTO, Feb 2- Canadian yogawear retailer Lululemon Athletica Inc's founder Chip Wilson has no immediate plans to trim his stake in the company, said a spokesman for Wilson on Monday. Lululemon, founded by Wilson back in 1998, said earlier on Monday that its founder was stepping down from the company's board of directors. A spokesman for Wilson told Reuters on...
Feb 2- Lululemon Athletica Inc founder Chip Wilson, a sometimes controversial figure who helped build the Canadian yogawear retailer into an international success story, said on Monday he was resigning from the company's board. "I believe that now is the right time to step away," Wilson said in a statement. Shares in Lululemon fell 1.4 percent at $65.34 on the...
Feb 2- Canadian yogawear chain Lululemon Athletica Inc's founder Chip Wilson said that he was stepping down from the company's board of directors. "I believe that now is the right time to step away from the board," Wilson said in a statement on Monday. Wilson stepped down as Lululemon's chief innovation and branding officer in 2012, but returned to its board in the...
Retailers with a store footprint heavily skewed to the Northeast are most at risk to losing sales because of the snowstorm.
Some of the names on the move ahead of the open.
Companies making headlines before the bell Friday: