It might be. According to this article from Live Trading News, Lulemon is going to face some strong competition from Green AppleYoga News, Lululemon, Green AppleLululemon the Vancouver-based yogawear retailer expects to hit $1 billion in revenue during fiscal 2012, as productivity at its U.S. stores, once a cause for concern among investors, climbs closer to that seen in its highly profitable Canadian outlets.While Lululemon’s sales have soared along with its share price, investors have been concerned that competition might start to slow its ascent.“We’re not feeling it or seeing it on a global basis or even store by store,” Chief Financial Officer John Currie told the Reuters Global Consumer and Retail Summit on Monday, when the stock hit an all-time high.“But you know, it’s a competitive marketplace. So, the next competitor … we have to worry about them just like we do about Nike and Adidas.”One Competitor is gearing up their very own IPO.Yoga Wear IPOGreen AppleGreen Apple has seen triple digit growth for 3 years, Green Apple utilize the only the highest quality of Certified Organic Cotton and Certified Organic Bamboo in our apparel.They strive to create a better, more exciting, & more environmentally sound product at a better price.Green Apple CEO Cris Smith is 100% committed to coming up with new & innovative ideas to give customers more options for their healthy lifestyle.It is a scientific fact that the chemicals in the fabrics you wear soak into your skin and are absorbed by your body when you sweat.Synthetic fibers made from petroleum by-products, such as nylon & polyester, have been liked to numerous health problems as sever as breast cancer in addition to their negative impact on the environment.Unfortunately, most people are unaware of the chemical side effects of the clothing they wear and the alternatives are not always readily available.Green Apple is gearing up to roll out across the world over the next 6 months.Shayne HeffernanShayne Heffernan oversees the management of funds for institutions and high net worth individuals.Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.www.livetradingnews.comFor More Information ContactChutinush Taksinapinunt ANISTABusiness Development DirectorHeffernan Capital ManagementInfo@Heffcap.comwww.heffcap.comSuite 53 Athenee Tower 63 Wireless Road, Lumpini, Pathumwan, Bangkok 10330 THAILANDTel: +66 2 126 8045Fax: +66 2 126 8080Mobile: +66 8 5997 0635Email : info@heffcap.comNew York347 5th Avenue, Suite 1402-508 NY, NY 10016Tel: +1 646-403-9881Fax: +1 646-403-8014Singapore3 Raffles Place #07-01 Bharat Building Singapore 048617Tel: +65 6329 6408Fax: +65 6329 9699Info@Heffcap.comGet the Updates Daily
