Lululemon: ‘Low Appetite’ for Takeover, Credit Suisse Says
July 08, 2014 at 11:09 AM EDT
Lululemon Athletica’s (LULU) shares have been pounded as sales have slumped and earnings remain under pressure. Its ousted founder Chip Wilson has also been making noise about seeking control once again. Against that backdrop, Credit Suisse analysts Christian Buss and Phan Le ponder whether another company could seek to acquire Lululemon: REUTERS In our view, [...]