Lululemon: Takeover Target?

It seems that beleaguered yoga-apparel retailer Lululemon has now become a potential takeover target in the apparel retail industry, given the drastic decline in share price and the ongoing troubles in its operations. Lululemon is likely to fall prey to the acquisition aspirations of giant sports-related apparel retailers like Nike Inc., V.F. Corp. and Columbia Sportswear Co, all of which are looking to expand into the yoga product line. Though a