Top Stories Continued
Lululemon holds a tremendous opportunity in footwear that could potentially eclipse its apparel business if the right customer is reached, Powell said. "With the sensibility of the brand and their extremely loyal following, they could use that to their advantage,” he said. Starting a shoe business is difficult, but Lululemon could start its own or potentially acquire an existing brand — and its approach would likely be much more focused and targeted than Under Armour Inc. UAA 3.61% , which has made a largely unsuccessful push into footwear, in the industry expert's view. “It is hard to start a footwear brand, but not impossible. Under Armour is frankly doing too many things. They have too many irons in the fire. I would guess Lululemon would be much more focused in footwear."
Survey found that older, more educated and more risk-averse people will experiment with legal weed
Geneva Watch Group has named Timex Group Canada the Canadian distributor of Kenneth Cole timepieces.
Empire Company Limited ("Empire"), together with its wholly-owned subsidiary Sobeys Inc., today announced key leadership appointments as the company focuses on the next phases of its three-year transformation plan. "It has been a year of solid progress in rewiring the fundamentals of our business – stabilizing margins, creating a lower-cost national structure, and setting clear strategies in areas such as ecommerce and discount," said Michael Medline, President & CEO. "We are now sharpening our leadership focus as we rally the team for stronger growth."