What’s going on? The UK economy grew only 0.1% in July, 1/10 of the rate in June. What does this mean? While June was the end of a notably strong 2Q, which saw the UK economy grow 5%. T Things are now very different in 3Q, however: The government has withdrawn various economic support measures The supply…
Tag: supply chain
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 149: The disappointing sales but promising ecommerce business of Adidas and Inditex
What’s going on? Adidas and Inditex (owner of Zara and Bershka) reported lower-than expected annual results, but their ecommerce businesses seem to take off. What does that mean? With so many stores shutting down last year, Inditex’s revenue and profit fell short of investors’ expectations; the latter by over 20%. Since sales haven’t improved much…
Ep 103: Coronavirus is affecting everything, even Diet Coke
What’s going on here? Coca-Cola said it depends on Chinese suppliers for sweeteners that are a key ingredient to the popular diet soda. The company also warned of possible supply chain issues in the long term, should the outbreak continue to grow. What does that mean? Coke says it is implementing procedures to procure the…
with HT 