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“If they can convert some of those customers that brought in the dupe with a fraction of the cost, that is an incredibly efficient use of marketing dollars,” she said, adding that other brands should look to Lululemon’s initiative as a lesson.
Lululemon’s actions, especially regarding sustainability, do not match the values it claims to champion.
Lululemon’s Q2 showing is nothing short of impressive.
Source: https://investorplace.com/2023/10/7-consumer-discretionary-stocks-outpacing-the-markets-slumps/