The Lululemon Athletica Inc. yoga pants that revealed more than muscle tone are back.
The company is restocking its Luon black yoga pants in stores and online this month after they were pulled in March for being too sheer, Lululemon said on its website.
The company raised the standards of the Luon fabric and put the material through 15 tests of specific components, including colorfastness and burst strength.
The company disclosed March 18 that some of the Luon garments didn't meet its standards because they became too sheer when wearers bent over. Lululemon offered full refunds or exchanges to customers who bought the pants after March 1.
Anheuser-Busch InBev completes Grupo Modelo purchase
Anheuser-Busch InBev has completed its $20.1 billion purchase of Mexican brewer Grupo Modelo. The world's largest brewer has been trying for almost a year to buy the half of Modelo that it did not already own. The Department of Justice initially blocked the deal, concerned that it would hurt U.S. beer shoppers' choices, but signed off on the combination after AB InBev agreed to sell Modelo's entire U.S. business to a wine maker, Constellation Brands Inc.
Constellation will sell Modelo brands, including Corona, in the U.S., effectively replacing Modelo as a competitor to AB InBev. AB InBev expects that deal to close Friday.
Amazon and Viacom expanding their deal
Amazon.com Inc. and Viacom Inc. are expanding a deal that will bring hundreds of shows from Viacom's Nickelodeon, MTV Comedy Central and other channels to Amazon's video steaming service. Financial terms were not disclosed. The multiyear deal comes just days after the expiration of New York-based Viacom's licensing deal with Netflix Inc. Netflix had been paying Viacom for the right to show a broad range of its programming, but the companies couldn't come to an agreement before the deal expired at the end of May.
Delta dropping Memphis as hub airport
Delta Air Lines Inc. is dropping Memphis, Tenn., as a hub airport. The airline said the Memphis hub was not making money. It's cutting daily flights there to 60 per day from the current 96. It's also cutting 230 jobs. The reductions begin on Sept. 3, right after Labor Day weekend and the end of the busy summer travel season. Most of the flying to be cut is on 50-seat regional jets, which Delta is phasing out.