CNBC Television published this video item, entitled “The markdown cadence across all apparel is worsening meaningfully, says Wells Fargo’s Boruchow” – below is their description.
Ike Boruchow, Wells Fargo senior retail analyst, joins ‘Squawk on the Street’ to discuss what it’ll take for Boruchow to get more constructive on Lululemon’s rating, how the holidays will fare for Lululemon, and more.
CNBC Television YouTube Channel
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About This Source - CNBC Television
CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
Lululemon Athletica (LON: 0JVT) is an American-Canadian multinational athletic apparel retailer domiciled in Delaware and headquartered in Vancouver. It was founded in 1998 as a retailer of yoga pants and other yoga wear, and has expanded to also sell athletic wear, lifestyle apparel, accessories, and personal care products.
Wells Fargo & Company ( NYSE:WFC ) is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and internationally.