What’s going on? 3 of America’s biggest airlines (United Airlines, American Airlines, and Southwest Airlines) warned that a rise in coronavirus cases will impact profits this winter. What does this mean? The Delta variant has been on the rise in the US, which is likely to put everyone off their vacations, which is apparent through the…
Tag: airline
Ep 173: Lululemon’s blooming 2Q result and the global supply chain disruption
What’s going on? Lululemon (high-end athleisure brand) reported better-than-expected 2Q earnings of $1.5b, a 61% climb yoy. What does this mean? Lululemon’s ecommerce business unsurprisingly had a great run in 2Q. What’s astonishing is the return of bricks-and-mortar shopping, with Lululemon’s store sales almost returning to pre-pandemic levels. Lululemon’s on track to achieve its 2023 revenue target by the…
Ep 64: Thomas Cooked
What’s going on here? Thomas Cook, the world’s oldest travel company, has abruptly shut down, leaving 500,000 stranded passengers around the world feverishly Googling “max number of days it’s ok to wear the same socks.” All 21,000 of its employees’ jobs at risk. FYI: The 178-year-old U.K.-based firm specialized in low-cost package vacations, bundling flights and accommodations in over…
with HT 