Charity L. Scott

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56 appearances 2 recordings 1 series first heard Dec 2019 last heard Feb 2022

Charity L. Scott’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Lululemon Puts the Spotlight on Men's Clothing · 12 Dec 2019 podcast

So their total revenue for men's apparel grew 38 percent in the third quarter.

And they cited strong sales in outerwear, pants and underwear.

They've taken a special interest in workwear for men.

So everything from polo shirts and pullovers to pants that look like workwear, normal khakis.

But according to some of them in the I spoke to, they feel like you're wearing sweatpants.

Yes, I can imagine that many men would enjoy the comfort of wearing sweatpants without being judged for it.

One of the men that I spoke to said that he bought a pair of pants for about $128.

And while he wants to buy another pair of pants, he really couldn't see himself spending that kind of money on anything other than their pants.

And even doing that was a bit of a stretch.

Well, the truth is it really hasn't.

The CEO, Calvin McDonald, has said that Lululemon feels like the quality of their clothes justifies the price.

So from their perspective, it's worth the price that they're selling it at, and they think that they'll be able to continue to find customers willing to pay that.

So the company has said that they want to move into categories like personal care products.

They're actually already selling deodorant.

So I think we'll continue to see them expand in this area.

Thank you.

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