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…