Will people buy Lululemon during a recession?
Thinking of buying LULU puts. They seem to be doing fine but I wonder if the upper middle class will still stick to $130 yoga pants during a recession when you can get a similar quality for half the price at Nike, Adidas, Under Armour, etc. PE ratio: 36 Mkt cap: 36B Thoughts?
TC or ….
152k non tech
I will keep on buying their hoodies and city sweats
I disagree that those other brands live up to the same quality
At least in SF, without LuLu a good chunk of people has nothing else to wear! Sounds fairly recession proof to me
I love staring at them booties in Lulu so please keep buying/wearing them
Keep saying this till left create a campaign for replacement of Lulu with PJs!
As a white woman...I will still buy Lulu. They have mastered lightweight buttery leggings and no other brand compares to them yet
See I knew it!
Yes, bc prices will fall
You don’t get extreme brand loyalty I guess, Lululemon will be just fine
Best to buy from outlet store if you live in the vicinity. Lulu sells previous season products at their outlet stores. They moved away from low quality outlet only lproduct line years ago.
White girls are recession proof
As a bf of one I can confirm.
As a white man, can also confirm lol