4.6 • 716 Ratings
🗓️ 5 December 2018
⏱️ 5 minutes
🧾️ Download transcript
Today is Wednesday, December 5, and we’re looking at Lululemon vs. Outdoor Voices.
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0:49.3 | One, three. Wondry. I'm David Brown, and this is Business Wars Daily on this Wednesday, December 5th. |
1:09.3 | You'd think that with as much competition as there is in |
1:12.5 | athleisure wear, the company's selling it would be donning boxing gloves, not yoga pants. |
1:18.3 | Athleisure, that is, comfy, stretchy clothes designed for athletes but worn everywhere, |
1:23.3 | has been a consistent bright spot in the fashion world for many years. |
1:34.8 | The champion in this ring so far has been Lulu Lemon, which is 20 years old and still growing. |
1:40.2 | Its biggest success this year, an enormous jump in e-commerce sales and profits, |
1:43.2 | after streamlining its online experience. |
1:47.0 | But Lulu Lemon, which began in brick and mortar stores, |
1:51.8 | faces numerous challengers, from Under Armour to the Gaps Athleta. |
1:57.9 | One startup is getting a lot of attention, the digital native company Outdoor Voices. |
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