Lululemon athletica (NasdaqGS:LULU) is facing a consumer lawsuit in California that challenges its use of reference prices on discounted items. The complaint alleges that Lululemon used former prices that did not reflect actual recent selling prices, creating the appearance of larger discounts. The case adds to broader legal scrutiny of how major retailers communicate pricing and promotions to shoppers. Lululemon athletica has built its brand around premium athletic and leisure apparel,...
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Lululemon (LULU) Faces California Lawsuit Over Alleged Misleading Discount PricesSourcing Journal51d agobearish
Lululemon Faces Lawsuit For Fake Reference PricesThe lawsuit was filed in California, which has a law that bans deceptive reference prices.