BCBusiness
If there was any lingering doubt that CEO Laurent Potdevin had moved Lululemon Athletica past its troubles that started in 2013 with see-through tights, dismissive statements by the founder, boardroom infighting and stagnant same-store sales, it was banished in December. The company’s stock punched through its trading range of the past few years with a 17.4-per-cent gain on the back of quarterly results that exceeded analysts’ expectations.
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