Aug. 20 at 8:26 PM
$LULU The recent trio of departures of people who were clearly not helping anything shouldn't be seen as a loss to the company. Gives the new CEO an opportunity for decision-making consolidation among people who are hungrier for success and accomplishment, including herself. All these people all these years had a really easy time coasting when things were going well especially when colossal mistakes such as the
$500 million Mirror acquisition flop were completely forgiving. Now that they've hit the wall, they threw in the towel. Bring in the new blood! The hardest thing is establishing a brand. From that point, selling clothes IS NOT ROCKET SCIENCE, it just requires better decision-making than what this company has done over the past ~3 years. Fumbling the ball with other things like the breezethrough line-up and other products that were completely out-of-style are rookie mistakes that should never have happened.
