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Lululemon Gives Rivals Perspiration and Inspiration

Lululemon Gives Rivals Perspiration and Inspiration

Lululemon Athletica Inc. shares are not far off the record they hit in June, and for good reason. Plus, as I noted earlier this week, the short-term outlook for clothing retailers is better now than it has been in years, and Lululemon is well-positioned to take advantage. The recent sizzle at Lululemon makes for a good occasion to step back and acknowledge just what a force it has become in the apparel business — and why that should be simultaneously scary and encouraging for other players in the specialty format.