Clothing retailer Lululemon Athletica (NASDAQ:LULU) benefited from significantly less-seasonal offerings, potent brand name, and a immediate-to-customer infrastructure that shields it from wholesale distribution backlogs and improved stages of price discounting.
From Spiros Segalas (Trades, Portfolio)’ Harbor Capital Appreciation Fund 2020 shareholder commentary.
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Sydnee Gatewood
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my lifestyle, but also have roots in New Mexico and Colorado. Stick to me on Twitter! @gurusydneerg
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