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LULU Sep 2024 310.000 call
| Previous close | 68.95 |
| Open | 70.10 |
| Bid | 60.15 |
| Ask | 62.20 |
| Strike | 310.00 |
| Expiry date | 2024-09-20 |
| Day's range | 68.95 - 70.10 |
| Contract range | N/A |
| Volume | |
| Open interest | 12 |
- Yahoo Finance Video
Why the denim comeback is bad news for LuluLemon: Analyst
Wide-leg and denim styles are making a comeback in the fashion world. However, as the trend returns, questions arise about its implications for athleisure companies like Lululemon (LULU). Barclays' Consumer Discretionary Analyst Adrienne Yih joins Market Domination to discuss the potential impact of this fashion shift. Yih notes that denim is experiencing a resurgence after nearly 17 years — with jeggings, skinny jeans, and athleisure dominating recent trends. She suggests that the economy is in the "early adoption to mass adoption" phase of wide-leg denim, signaling a shift in consumer preferences. While athleisure companies like Lululemon offer wider-leg options for comfort, Yih emphasizes that "the actual trend is grounded in denim." Consequently, she believes consumers will spend more on brands specializing in denim offerings, such as American Eagle (AEO). For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
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In this article, we discuss the top 11 luxury clothing stocks to invest in now. To skip the detailed analysis of the luxury goods industry, go directly to the Top 5 Luxury Clothing Stocks to Invest in Now. Brand Affinity Guides Spending Behavior In an interview with CNBC on March 7, the CEO of luxury […]
ZacksLululemon (LULU) Stock Drops Despite Market Gains: Important Facts to Note
Lululemon (LULU) closed the most recent trading day at $363.96, moving -0.2% from the previous trading session.
