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Lululemon is certainly ahead of the game. I read that Lululemon’s profit margins are by far the highest amongst its peers. With an average operating income margin of 20% over the last 5 years, it is 8% higher than Nike, 12% higher than Adidas, and an astonishing 20% higher than Under Armour.
A few weeks ago, I went to Lululemon here in Mexico City, with no intention of buying anything. After browsing, a store clerk came up to me and started giving me information I didn't know about the clothes, what they were made of and how they could help me; she defo knew her stuff. I ended up leaving the shop paying 600 dollars. The attention to detail and customer service is quite good.
Thank you for tuning in and backing our channel. We're dedicated to delivering fresh content each week. If you enjoy our videos, a quick SUBSCRIBE takes under 5 seconds and significantly boosts our channel's growth. Your support means the world to us. Here's the link to subscribe: ruclips.net/channel/UCExAz6wkwZlHkGMazoPgp5A
Great video! I wonder how Lululemon competes with Alo Yoga and Vuori
Lululemon is certainly ahead of the game. I read that Lululemon’s profit margins are by far the highest amongst its peers. With an average operating income margin of 20% over the last 5 years, it is 8% higher than Nike, 12% higher than Adidas, and an astonishing 20% higher than Under Armour.
Thank you for sharing this :)
A few weeks ago, I went to Lululemon here in Mexico City, with no intention of buying anything. After browsing, a store clerk came up to me and started giving me information I didn't know about the clothes, what they were made of and how they could help me; she defo knew her stuff. I ended up leaving the shop paying 600 dollars. The attention to detail and customer service is quite good.
That certainly seems to be the Lululemon culture which also plays a vital role in their success.
Didn't know that Lululemon has such an empowering employee centric culture.
it certainly does! Thank you for commenting. We love hearing from our viewers :)
A 32 year old single woman named osha, who has 1 1/2 to exercise, travels , owns a condo and is engaged 😂
😋 'promo sm'