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Lululemon's profit plunges 60 pct.

Lululemon's profit plunges 60 pct.

Struggling athletic apparel retailer Lululemon Athletica issued a weak quarterly outlook and cut its full year forecast after a 60 percent plunge in profits. The company's CFO is retiring. Fred Katayama reports.

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Lululemon's profit plunges 60 pct.

Struggling athletic apparel retailer Lululemon Athletica issued a weak quarterly outlook and cut its full year forecast after a 60 percent plunge in profits. The company's CFO is retiring. Fred Katayama reports. Newslook