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New Balance Undergoes Furloughs

New Balance Undergoes Furloughs

New Balance has decided to furlough a "portion" of its retail, factory and office workers because of the coronavirus pandemic. The decision will not impact factory workers in Lawrence and Maine who are producing general use face masks for first responders.

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Lululemon’s Hot Streak Continues

Lululemon’s Hot Streak Continues

Lululemon Athletica Inc. continued its recent roll, delivering first-quarter sales and earnings that surpassed guidance and slightly increasing its outlook for the year. Highlights included 26 percent growth in men’s, a ramped-up push on the run category and 70 percent expansion in China.

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