Shares of Lululemon Athletica Inc. fell more than 15 percent in morning trading as the Vancouver-based marketer of yoga and active apparel lowered its fourth-quarter sales and earnings guidance based on a weak start in January.
Shares declined $9.10, or 15.3 percent, to $50.50 in the first two hours of Nasdaq trading Monday.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)