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Lululemon to shut 40 ivivva stores following Q1 sales growth slow

London - Premium activewear retailer Lululemon Athletica Inc is set to close 40 of 55 ivivva stores for girls and convert half of the remaining stores into Lululemon branded stores. The Vancouver-based company aims to complete the most of the ivivva store closures, which sell girls activewear, by the end of its third quarter this October....

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