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How Lululemon Dominates High End Active Wear
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How Lululemon Dominates High End Active Wear
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. Chapters: 1:45 - The rise of high-end athletic wear 4:39 - Fierce competition 8:10 - The future of athletic wear » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC How Lululemon Dominates High End Active Wear
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