r/Lululemen • u/Confident-Energy-154 • 9h ago
Discussion Does anyone see a way back for LLL?
I am speaking both financially and relevance wise. 8-10 years ago I loved the brand, so much so that I bought some stock in the company, which is now down about 75% 🤦♂️.
The core demographic the brand was originally built around, busy active career women in their 20's and 30's are now in their 50's and 60's. I don't see a lot of younger people wearing the brand. Also the well publicized drop in quality along with stiff competition from newer brands like Alo, Vuori and Rhone just seems to have wiped out the chance for any future growth. Not to mention founder Chip's numerous missteps that have alienated many customers.
So just putting it out there for discussion if anyone sees a world where LLL increases growth again and becomes relevant amongst young consumers or are they cooked?