Shares of Lululemon Athletica—founded in 1998 and based out of Vancouver—dropped 4%  on 9th September 2011. This was despite a 40% increase in its sales and 76% increase in its profits in the second quarter. It is expected that high labour and material costs will put pressure on Lululemon’s profit margin in the third quarter; … Continue reading Lululemon continues to grow despite increasing competition