Lululemon cuts annual outlook, citing 'negative' media commentary and disappointing product launches

Lululemon‘s troubles are far from over.  The athletic apparel retailer lowered its full-year guidance and issued a weak current quarter outlook on Thursday as interim CEO Meghan Frank blamed “negative commentary in the media” and recent product launches that failed to wow shoppers. “We experienced spikes of negative commentary in the media and on social…

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Post Malone Cancels First Few Weeks of ‘Big Ass Stadium’ Shows With Jelly Roll, Citing Need to Finish New Album: ‘We Ain’t Ready for Tour Just Yet’

Post Malone‘s “Big Ass Stadium Tour Part 2” just got smaller. The artist took to social media Friday night to announce that he was canceling the first few weeks of his outing in stadiums with Jelly Roll, saying that he wants to get his forthcoming album finished before hitting the road in earnest. The cancellation…

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S&P revises Kazakhstan’s credit outlook, citing reforms and fiscal stability

Shorouk Express BAKU, Azerbaijan, August 23. On August 22, S&P revised the outlook for Kazakhstan’s sovereign credit rating from “Stable” to “Positive” while affirming the rating at “BBB-,” the Ministry of Economy of Kazakhstan said, Trend reports. According to the ministry, the agency’s decision reflects Kazakhstan’s steady progress in advancing institutional and economic reforms, including…

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