NasdaqGS:LULULuxury
Lululemon Athletica (LULU) Could Be 24% Undervalued On Its Growth Narrative
Impact of Syntetica Funding on lululemon athletica Stock
Lululemon athletica (LULU) has joined a $30 million Series A round for French recycler Syntetica, backing technology aimed at processing mixed post consumer nylon waste into reusable material for textiles.
The funding will help Syntetica build its first commercial demonstration facility, a step that ties lululemon athletica more closely to nylon recycling efforts that could interest investors focused on supply chain and materials...