Genetically modified salmon could be served in restaurants by late next year.
Lululemon Athletica, known for its yoga pants, quietly closed its men’s stand-alone stores in New York City and Toronto even as it plans to more than double its men’s business in the next five years.
The retailer found that guests respond better to Lululemon “as a dual-gender brand,” said spokeswoman Erin Hankinson.
The small-format men’s location in Toronto, dubbed “The Local,” opened in December 2016 complete with merchandise, a ping-pong table and cold-brew coffee. It closed last year, Hankinson confirmed. The New York City men’s location in Manhattan’s swanky Soho neighborhood, which opened in 2014, was consolidated into a larger format store about four blocks away.
The Vancouver, Canada-based retailer said in the spring it expects to more than double its men’s revenues by 2023. In the last few months, the upscale athleticwear maker has announced plans to introduce shoes and rolled out personal care products for men and women. — Bloomberg News