Description: Lululemon, one of the few brands that has seemed immune to consumer cutbacks, surprised observers by lowering its profit forecast. While fourth-quarter sales have been strong so far, people gravitated toward its sale items, pinching the bottom line.
Source: MediaPost.com
Date: Jan 10, 2023
Questions for discussion:
- What are the concerns about the company and the decisions made by management over the holiday shopping period?
- Do you think the company is changing its image and orientation towards consumers?
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