Lululemon Responds But Can They Go Beyond A Press Release?

Two days after the initial scandal that caused shares to plummet, lululemon just sent out its response via press release at 9 pm ET on Thursday. According to inside sources, board members felt that lulu "should not have let this happen" (the scandal and NY Times quotes from company executives) and said that LULU will "learn from this experience."
Two days after the initial scandal that caused shares to plummet, lululemon just sent out its response via press release at 9 pm ET on Thursday. According to inside sources, board members felt that lulu should not have let this happen (the scandal and NY Times quotes from company executives) and said that LULU will learn from this experience.

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