Abercrombie pops on reports that American Eagle is working on a buyout bid >>> READ MORE

LULU: Lululemon Launches New Non-Workout Clothing Line

It has launched a line of women's casual clothes


Lululemon Athletica (LULU) is taking a step beyond yoga-wear.

lululemon stock LULU
Source: Flickr

The Vancouver-based company has introduced a line of casual wear for women on the go. The “&Go” line includes pants, tops and sundresses, priced between $50 and $200. LULU customers appeared enthusiastic. Half of the 12 items in the “&Go” line sold out online just hours after LULU launched them, Business Insider notes.

New Line of Ashton Kutcher Smartphones to Launch in 2014
New Line of Ashton Kutcher Smartphones to Launch in 2014

LULU debuted the “&Go” line on Tuesday. The products can be found both at brick-and-mortar LULU stores and at its online shop.

Shares of LULU stock fell almost 2% in Friday mid-day trading. Over the past twelve months, LULU stock has dropped more than 20%.

More Lululemon News:

Article printed from InvestorPlace Media, http://investorplace.com/2014/03/lulu-lululemon-launches-new-non-workout-clothing-line/.

©2017 InvestorPlace Media, LLC