Lululemon Plans Men’s Stores by 2016 to Sustain Growth
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Lululemon Athletica Inc., having won over millions of women with its high-priced yoga gear, wants to keep growth going by chasing men.
The chain will start opening standalone men’s stores by 2016, Chief Executive Officer Christine Day said today in a presentation at a William Blair & Co. conference in Chicago. Her comments followed an announcement earlier this week that she’s retiring from the Vancouver-based company once the board finds a successor.