RE: Seeing footlocker miss big over the pond.2 Jun 2023 07:57
Lulelemon is doing great and a comentator wrote this;
Although many caution signals are coming out of the consumer environment, Lululemon has two key factors working in its favor. The first is its core customer is higher income and has been able to weather inflation pressures more easily. And two, despite discretionary spending pulling back, data suggests that some consumers have shifted their view on activewear, loungewear, and footwear from a discretionary purchase to a necessity over the last few years.