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Lululemon Rises as CEO Seeks to Speed Up Global Expansion

Lululemon Athletica Inc. rose the most in 11 months after new Chief Executive Officer Laurent Potdevin said he plans to speed up the yoga-wear retailer’s move into new markets around the world.

The shares climbed 6.2 percent to $51.20 at the close of trading in New York for the biggest gain since April 22. Vancouver-based Lululemon has slid 13 percent so far this year.