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Tuesday, Dec 11
2012, 10:06 AM
Has Lululemon (LULU +0.3%) lost its competitive edge? With a host of retail and apparel...
Has Lululemon (LULU +0.3%) lost its competitive edge? With a host of retail and apparel companies jumping into Lululemon's niche market, the company's brand loyalty will be tested to the hilt. Gap, Athleta, and Lole could all undercut Lululemon's pricing and pressure margins. On the flip side, the entrance into the market of more players could tip off that the yoga craze is no passing fad. And with retail stores churning out an Apple-like $1.9K per square foot in revenue, LULU is still a growth story.