1 Thing Lululemon Athletica Does Better Than Anyone Else
There are a lot of similarities between the growth that Lululemon Athletica (NASDAQ: LULU) is experiencing now and the growth that Nike (NYSE: NKE) was experiencing about 30 years ago. The main difference between the two is that Nike generates most of its revenue from footwear and Lululemon makes virtually all its money from apparel. Lululemon is quickly gaining market share against Nike and Adidas (OTC: ADDY.Y) (OTC: ADDDF) in apparel.