Professor Elam

Wed Sept 12 2012

I frequently mention the upstart success of Lululemon LULU as an example of a hot stock sporting a hihg P/E ratio. Thankfully this company has removed the stigma of having to attend yoga class attired in run of the mill department store togs that scream, Clearance Sale! I know this comes a a big relief to female TAMUSA students……

Now LULU has sued Calvin Klein for marketing a knock off yoga pant that mimics its features. LULU's pant

goes for $98, Calvin is in the game for $19.95, gee accounting classes, what does that do for LULU's gross margin at those different price oints.