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Likefolio: Lululemon 'Lost Touch' with Consumers, Needs Innovation
Manage episode 485829356 series 3645668
Megan Brantley from Likefolio shares their consumer sentiment data on Lululemon (LULU), which reports earnings next Thursday. She notes that unique visits have fallen as niche and upstart brands like Rhone and Fabletics compete with LULU. Megan argues that they’ve “lost touch” with what their consumers want with failed product launches, and a lack of innovation is hurting the company. However, she notes that their data does not include Lululemon’s international growth.
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7368 episodes
Manage episode 485829356 series 3645668
Megan Brantley from Likefolio shares their consumer sentiment data on Lululemon (LULU), which reports earnings next Thursday. She notes that unique visits have fallen as niche and upstart brands like Rhone and Fabletics compete with LULU. Megan argues that they’ve “lost touch” with what their consumers want with failed product launches, and a lack of innovation is hurting the company. However, she notes that their data does not include Lululemon’s international growth.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
7368 episodes
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