Cramer thinks that Lululemon and Nike are to blame for weaker outlooks as other luxury brands go out of business

Lululemon Athletica

Canadian athletic apparel retailer

NY Post

Apr 4, 2024, 5:50 PM

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Lululemon falters as other luxe brands go out of business: Is this the end of status athletic wear?

Lululemon, HOKA and On Cloud are faltering in sales. Some brands are shuttering as brands struggle with innovation and a challenging market. Hokea and On Cloud are two brands with cult-like consumer following. Lululesmon is one of the most popular activewear brands in the world.

CNBC

Mar 22, 2024, 4:49 PM

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Kings no more – Cramer suggests Lululemon and Nike have themselves to blame for weaker outlooks

CNBC's Jim Cramer suggests Lululemon and Nike have themselves to blame for weaker outlooks. "They still act as if they're kings. I don't think they're king anymore," Cramer said Friday. Cramer: "They're kings anymore"

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