Lululemon Cuts 2014 Guidance as Sales Weaken

Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a constant dollar b

Lululemon CFO to Retire

Lululemon Athletica Inc. CFO John Currie has notified the company of his plans to retire by the end of the fiscal year. Lululemon will hire an executive search firm to find his replacement…

GoPro IPO Focusing on $3 Billion Valuation

GoPro Inc expects to raise up to $427.2 million in its initial public offering, according to an updated filing with the Securities & Exchange Commission. The company said it plans to offer 17.8 million Class A shares priced between $21 and $24 each…

New Balance Introduces Authors Collection

New Balance is introducing a series of sneakers for their “Made in USA” collection that pays tribute to some of the greatest American novels ever written. Specific color combinations and choice materials will tell the story behind each shoe…

Fox Head Inc. Names Millenacker as GM for US

Fox Head Inc. has named Michael Millenacker as general manager, USA. Millenacker will be assuming the leadership and management of all Fox US Business and will be reporting directly to Nick Adcock, CEO…

L.L. Bean to Reopen Pop-up Shop in Natick Mall

L.L. Bean will be reopening its Natick Mall pop-up shop in Massachusetts June 30. The retailer opened its first-ever pop-up store in Natick for the 2013 holiday season activity at the kiosk-type shop exceeded expectations…