Lululemon CEO Upset

[u/Positive-Grape5126]

I'll save you the read:

1) People are tightening their belts due to economic and political uncertainty and expensive leggings are not at the top of the list of necessities

2) People are more and more... GASP... Buying second hand clothes !!!!!

[u/Ughasif22]

Lulu hasn’t been innovative in a long time. They just release the same things in different colors. How many ppl need the same sweater or tights in multiple colors. Also the quality has gone way down and the price has gone up. They aren’t inclusive in sizes either and mostly only work on the skinny and small chested.

I like Lulu but I’ve only bought 2 things in the last 2 years. A belt bag and a sweatband.

[u/jdelarunz → u/Ughasif22]

The trouble with being "innovative" is that it's often shorthand for change for changes sake. How innovative do you need to be with yoga leggings? The anticonsumption take is that we favor items that are high quality and long-lasting, and that don't keep changing for no reason other than to drive new purchases of the latest fashion. But that's not necessarily good for the company's bottom line.

[u/BlergingtonBear → u/jdelarunz]

We've also reached a place where perpetual growth is untenable — I don't know that these companies know how to chase the bottom line in this climate. 

clothing companies overproduced, flooding the world with product, so now the second hand market is just too saturated. I don't see how they can kick up. 

They long term devalued their brand and offering by chasing short term churn. Now with the SheIn & Temus of the world, I don't know that the clothing sector can recover in a meaningful way. 

[u/Axel_Rosee → u/BlergingtonBear]

You can guarantee higher quality secondhand! Why would anyone pay premium prices for worse products?

Especially since the fashion industry has eaten itself alive with how quickly cycles have become in the last few years.

Outside of the fast fashion world, It's way more about personal style now, too, and putting together outfits with unique, interesting pieces.

The industry hasn't caught on yet, and just continues to shovel slop for insecure young adults, until they too burn out.

[u/Apprehensive-Log8333 → u/Axel_Rosee]

Second hand online shopping has become too easy for us, the customers. Corporations are probably thinking of ways to cash in on that too.

[u/Axel_Rosee → u/Apprehensive-Log8333]

Omg don't get me started on secondhand online shopping, cause they already have!! are you familiar with Goodwill's model? The reason you can't find anything good in stores anymore is because they sell all the "high value" items online.

Selling donated clothes for a profit, while further contributing to climate change. It's disgusting. Vile, even.

[u/ReadyAgent9019 → u/Axel_Rosee]

Don’t forget their mistreatment of disabled employees whom they legally pay less than minimum wage, all while parading around how good of a company they are for hiring them

Seriously fuck goodwill

[u/Axel_Rosee → u/ReadyAgent9019]

Yesssss speak on it!!!!

[u/BubbleWrap027 → u/Axel_Rosee]

Agreed. I would consider supporting the online prices if I knew it was going to support the charitable work. But it doesn’t. It allows them to keep their enormous overhead, roughly 30%. There are better charities to donate and buy from that have a much lower % of donations that they keep for their admin costs.

[u/Halospite → u/Axel_Rosee]

Outside of the fast fashion world, It's way more about personal style now, too, and putting together outfits with unique, interesting pieces.

The industry hasn't caught on yet, and just continues to shovel slop for insecure young adults, until they too burn out.

Depending on where you live, new stuff can be boring AF. Here in Aus fresh fashion is pretty bland. I went to the UK a year and a half ago and went to a factory outlet and was amazed by all the different colours their clothes were.