Lululemon’s online sales offset declines in store traffic
Stephanie Crets
Active apparel retailer lululemon Athletica Inc. reported its third quarter earnings and revenue that beat expectations as its online sales boomed. Its revenue rose 22% year over year to $1.12 billion for its third quarter ending Nov. 1. And its ecommerce business had a 93% year-over-year growth. Plus, its online sales accounted for 43%, or […]