Can Lululemon get new life from the Amex Platinum card? Don’t count on it, analysts say.
Lululemon’s Amex Platinum Lifeline? Analysts Say It’s No Game-Changer for the Struggling Retailer Lululemon Athletica’s stock has been in freefall this year, shedding nearly 40% amid slumping sales and whispers of a brand identity crisis among younger shoppers. Enter American Express’s shiny new Platinum Card perk: a $300 annual credit for Lululemon purchases. It sounds … Read more