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Kuehn Law Encourages Investors of Lululemon Athletica Inc. to Contact Law Firm
LULUlululemon(LULU) GlobeNewswire News Room·2024-10-03 16:27

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Lululemon Athletica Inc. due to misrepresentation and failure to disclose critical operational issues [1] Group 1: Company Issues - Lululemon is reportedly struggling with inventory allocation and color palette execution issues [1] - The launch of the Breezethrough product has underperformed [1] - Sales in the Americas region are stagnating [1] - Positive statements regarding the company's business and prospects were misleading and lacked a reasonable basis [1]