'Sheer'-ly You Must be Joking: lululemon (LULU) Puts Clients Through 'Bent Over' Test Before Refund Given
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lululemon (LULU) Updates on Black Luon Production; No Guidance Change
April 3, 2013 5:03 PM EDTlululemon athletica inc. (NASDAQ: LULU) provided an update on its black luon production issues.
After an evaluation of lululemons previously disclosed black luon production issues, the company concluded that the current specification and testing protocols for the signature fabric luon that were developed in 2006 have not materially changed. However, production of luon is a complex process with a number of different inputs, and fabric is the key factor. While the fabric involved may have met testing standards, it was on the low end of... More
lululemon (LULU) Updates on Black Luon Production; No Guidance Change
April 3, 2013 5:03 PM EDTlululemon athletica inc. (NASDAQ: LULU) provided an update on its black luon production issues.
After an evaluation of lululemons previously disclosed black luon production issues, the company concluded that the current specification and testing protocols for the signature fabric luon that were developed in 2006 have not materially changed. However, production of luon is a complex process with a number of different inputs, and fabric is the key factor. While the fabric involved may have met testing standards, it was on the low end of... More
lululemon athletica (LULU) Slammed on Q1 Warning
March 18, 2013 5:51 PM EDTlululemon athletica, Inc. (NASDAQ: LULU) is trading down a quick 12% after announcing a shortage of luon pants and cutting its outlook. The firm sees Q1 revenues of $333 million to $343 million versus the cosnensus of 353.66 million.... More
UPDATE: lululemon (LULU) Sees Shortage of Luon Pants, Crops; Cuts Outlook
March 18, 2013 5:44 PM EDT(Updated - March 18, 2013 5:46 PM EDT)
lululemon athletica inc. (Nasdaq: LULU) notified guests that we expect a shortage in our supply of black Luon pants and crops.
We have determined that certain shipments of product received from our factories and available in store from March 1, 2013 do not meet our technical specifications. The items affected are certain styles of womens bottoms in our signature black Luon fabric. The ingredients, weight and longevity qualities of the pants remain the same but the coverage does not, resulting in a level of... More
