BoA Daily Highlights: Fabletics, Lululemon, and Nike stock news

businessof_athleisure_news21

Fabletics still getting people heated (Daily Mail)

“The company offers shoppers discounts of up to 50 per cent if they sign up for so-called ‘VIP membership’. But many dissatisfied customers claim they have been duped into taking VIP membership without realising they are actually agreeing to an ongoing subscription of £44 a month.”

More talk on growth for Lululemon (Seeking Alpha)

“Revenue and earnings growth are expected to continue to grow at an above-market rate through new store openings and a redesigned e-commerce platform.”

Speculation on Nike (The Motley Fool)

“Nike is coming to the end of an $8 billion share repurchase plan. Of that amount, $7.2 had been deployed by the end of the second quarter, and the company expects to use the whole amount by the end of fiscal 2016. The board has already approved a $12 billion four-year plan that will commence when this happens.”

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Aimee Laurel

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