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[Post 429] How Lululemon Dominates High End Active Wear
By Sonicericsg  •  November 16, 2022
Summary What began as a small Canadian yoga wear company for women, is today a multibillion-dollar activewear brand with 600 stores in the U.S. and Europe, and a diversified portfolio extending into menswear, an at-home fitness program, Mirror, and footwear. Lululemon posted at 29% increase in revenue in the second quarter from a year earlier. But there are some potential concerns ahead. For one, high inflationary times and a looming global recession could threaten the company's financial outlook. There are also countless smaller brands gaining market share. Some of those include some of the more established brands such as Alo and Athleta in brick-and-mortar. But also e-commerce companies growing from a strong social media following such as Gymshark, Fabletics and Alphalete....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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