Lululemon Athletica: The Athleisure Leader

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(00:01:40) - (First question) - An overview of Lululemon

(00:02:37) - Lululemon's success lies in branding, innovation, and community involvement

(00:05:03) - Evaluating their growth story and investment potential from it’s launch up to today

(00:09:07) - Chip Wilson’s history and influence

(00:16:03) - Management transitions, operational issues, and turnaround under new leadership

(00:19:11) - Lululemon's success lies in its functional product and strong brand message

(00:22:23) - Fending off competition through unique branding and customer engagement

(00:25:41) - Lulu aims to grow men's business to complement women's dominance and reach

(00:27:56) - China offers significant growth potential for Lululemon

(00:31:45) - Focusing on vertical integration and limited wholesale channels

(00:33:31) - Lulu's higher gross margins stem from product mix and DTC focus

(00:36:18) - Increased capital expenditure is primarily allocated to store openings

(00:39:28) - Mirror acquisition didn't meet expectations, unlikely to repeat such deals

(00:41:40) - Significant risks for Lululemon's future

(00:43:58) - Lessons learned from studying Lululemon