Apparel Makers Get Caught With Their Pants Down
Its was a rough week for apparel makers and retailers. Lululemon Athletica (LULU) reported a quality issue with some of its pants while True Religion (TRLG) announced the departure of its CEO. Guess ' (GES) quarterly earnings fell as it discounted more of its clothing. The once hot apparel sector has been cooling off from its summer peak. On Monday, Lulu said there would be a shortage of its Luon pants and crops this quarter because of a quality
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