Retail News

Lululemon CEO expects momentum to continue after the pandemic

CNBC 12/15/2020

Lululemon Athletica CEO Calvin McDonald said on CNBC on Tuesday that he expects the company’s sales growth to continue, especially in digital, even after the arrival of the coronavirus vaccine. The retailer has benefited from consumers seeking to get more active and has seen 94 percent growth in its online business in its third quarter, which ended 11-1.

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