Lululemon is a case study in excellence in not just retail, but the value of building out communities within the customer base and delivering omni-channel to a high standard. There’s no debate about whether this is a good business.
But of course, investing is about what you get and what you pay for it. With a recent slowdown at Lululemon, the high valuation multiple suffered a nasty unwind. Is this an opportunity for investors to jump in at a better price point, or is caution still needed?
Welcome to Magic Markets Premium.
