Lululemon Industry Case Questions
Questions for Lululemon case:
Ques#1 A) Use the case data and information to identify consumer trends in Lululemon’s industry.
B)Using the 2022 Consumer Trend report, (the trend report is posted in the modules) identify at least 3 consumer trends relevant to Lululemon customers. Use case data and information and the trend report for support.
Ques#2 As stated in the case, Lululemon is targeting 2 new consumer markets: 1) men and 2) the teen footwear market. Use case data and information to support Lululemon’s decision to target these new target markets.
Ques #3 In addition to the new market development growth strategy discussed in the case, which other growth strategies would you recommend for Lululemon? Use the product/market growth matrix and case data and information to make this strategic recommendation for growth.
Ques #4 What are Lululemon’s sustainable competitive advantages? Use case data and information for support.