But the February resignation of Laurent Potdevin, who the company said behaved unprofessionally , has threatened to distract from these efforts. NEW YORK — Lululemon Athletica Inc.’s sales accelerated faster than expected last quarter, helped by booming e-commerce orders, sending the shares on their biggest rally in almost 10 months. One sales driver in the quarter was Lululemon’s relaunched website, which improved shoppers’ experience and increased conversion. The retailer also opened pop-up stores in the quarter to capture holiday sales and Lululemon said 40 per cent of those shoppers were new to the brand. Vancouver-based Lululemon has interviewed a number of candidates for the post, Murphy said on a call with analysts on Tuesday.
Source: thestar March 28, 2018 13:07 UTC