Celebrity favourite sportswear brand Lululemon pockets £700,000 furlough cash despite earning bumper profits

Britain USA show Celebrity CEO

06.11.2021 - 05:17

Reading now: 988

msn.com

msn.com:

Video: Lululemon CEO on why it bought fitness company Mirror: The more they 'sweat with us, the more they spend' (Yahoo!

Finance)Lululemon’s shares jumped 15 per cent on the Nasdaq in October after a strong update to American investors in September.

Earnings worldwide jumped 88 per cent to $1. 2billion (£890million) in the three months to April. In the year to January it made £45.

9million in the UK, down from £52. 1million a year earlier because of store closures, Companies House documents show. The firm said it received £704,572 to furlough staff between March and September 2020 while stores were closed.

Report this news

Reason

Indicate the reason

Related News

Man who grew up next to UK’s most-haunted town says he’s 'met the Black-Eyed Child'

paranormal investigator says he has seen the infamous Black-Eyed Child — and has been called a 'real-life ghostbuster'.Lee Brickley, who hunts ghosts and writes books on them for a living, claims he has been having experiences with strange and shadowy figures since he was a young boy.

www.dailystar.co.uk 4:31

Lee Brickley Britain county Chase reports career man Town

In Honor of ‘House of Gucci,’ Here Are Our Fave Lady Gaga Looks

House of Gucci press tour began with a bang on November 9th in London. As the cast posed for photos on the red carpet, all eyes were on Lady Gaga, who dazzled the crowd with her elegance and power.House of Gucci follows the union of fashion mogul Maurizio Gucci (Adam Driver) and Patrizia Reggiani (Lady Gaga) and the betrayal and revenge that leads to Maurizio’s murder.

hollywood.com 4:07

Jared Leto Jeremy Irons Maurizio Gucci Patrizia Reggiani London Pop awards Celebrity

Robbie Williams and Holly Willoughby lead celebrities signing letter to Boris Johnson over scam adverts

Robbie Williams, Holly Willoughby, Richard Branson, Deborah Meaden and many more celebrities have joined forces in signing a letter urging Boris Johnson to put paid scam adverts in the upcoming Online Safety Bill.Financial journalist Martin Lewis, who has been campaigning against fake ads using his face to lure users for a long time, now wants tech giants to be held responsible under new laws.Speaking to PA news agency, Mr Lewis said: ‘It isn’t for me to fix this problem, it isn’t for Richard Branson or for Robbie Williams or Deborah Meaden, we are having our names ripped off to rip off vulnerable people.’Phillip Schofield, Dawn French, Lorraine Kelly, Davina McCall, Bradley Walsh, Rob Brydon, as well as Dragons’ Den stars Duncan Bannatyne

metro.co.uk 3:59

Holly Willoughby Phillip Schofield Boris Johnson Martin Lewis Robbie Williams Richard Branson Lorraine Kelly Davina Maccall Rob Brydon Bradley Walsh Duncan Bannatyne Dawn France Deborah Meaden France county Williams and

Emmerdale fans search for clues as Chloe's identity teased with sinister car chase

Emmerdale ended on a cliffhanger at the end of Tuesday's episode when Chloe Harris and Kerry Wyatt were followed by a mysterious driver in a car after she secretly met Noah Dingle. Viewers have been desperate to find out the true identity of both Chloe and her father, who is a dangerous man and currently in prison while monitoring her every move at home on CCTV.