Description: Lululemon overcame some serious setbacks to report an almost 50-per-cent jump in quarterly profit to $57.2-million, resulting in its shares soaring more than 12 per cent.
Source: The Globe and Mail
Date: September 07 2012
Questions for Discussion:
- Explain how Lululemon managed to overcome some of earlier setbacks?
- What does the following statement imply: “However, while others may try to mimic parts of our business, it is impossible to copy a personality …”?
- Is it OK for companies to artificially raise demand by limiting their production?
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