Jefferies

Lululemon Problems Are Multifold and Pressing, Say Jefferies Analysts

Lululemon is straying far from its yoga roots, and it could hurt the business, analysts say.In a Wednesday note, Jefferies analysts identified several issues with the Vancouver-based athleisure brand’s offerings. The analysts visited two Lululemon stores, one in Westport, Connecticut, and another in Coral Gables, Florida, to weed out product…