Lululemon - Yoga and Leisure Apparel Manufacturer Impresses with Strong Numbers Thanks to Recovery in China!
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Business Driver: Lululemon (LULU) has established itself as one of the most recognized players in the premium segment of yoga and fitness apparel. After struggling like many other premium brands in the sports and leisure fashion sector due to the overall lackluster consumer demand, the outlook is improving in some core markets in its international business. Recently, the company reported a revenue increase of 46% in China, while it also saw higher sales outside of its home market. On December 12, Lululemon impressed with a strong Q3 result....
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