Lululemon Global Sales Rise 30% in Q4

Lululemon Global Sales Rise 30% in Q4

Assessment

Interactive Video

Business

University

Hard

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The video discusses Lululemon's consumer outlook, highlighting optimism despite margin declines. It covers inventory management improvements, with less discounting and better sales. The company focuses on expanding its online presence and integrating Mirror, a hardware acquisition, as part of its long-term strategy.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Lululemon's expectation regarding high-end consumers if the economy weakens?

They will switch to lower-end brands.

They will be the most affected.

They will remain relatively unaffected.

They will stop purchasing entirely.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Lululemon's inventory management improved recently?

By reducing store traffic.

By closing several stores.

By increasing discounting.

By better selling through their stock.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is Lululemon facing despite improvements in inventory management?

Declining online sales.

Lack of new products.

Rising costs.

Decreasing store traffic.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which area is Lululemon focusing its expansion efforts?

Increasing discount offers.

Opening more physical stores.

Expanding its online channel.

Reducing product lines.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Lululemon's approach towards its acquisition of Mirror?

Immediate profit generation.

Short-term market exit.

Long-term strategic play.

Complete business integration.