Lululemon (LULU) is up 30% y/y and has been increasing. Amber Focault, Strategist and Head of Products for Cardify and Chris Wang, Research Director of Runnymede Capital Management, discuss the future of Lululemon as well as other retailers with high customer enthusiasm and brand loyalty such as Nike (NKE) and Under Armour (UAA). While Lululemon’s sales may decrease after the full reopening of the U.S. currently, Americans are eager to get out and spend money. At present, Lululemon’s average basket size is at a rich $250 per customer. Tune in to find out more.
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