Lululemon started life as a Yoga brand. These days, it looks more like an early-stage Nike, with new product launches targeting various sports. They also have a growing men’s range, as well as an enviable global expansion track record.
Lululemon is a force to be reckoned with, but that’s why it trades at such high multiples. With the share price having turned the corner after a tough year, is there still an opportunity to climb in?
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