weaker geographic coverage than key rivals in performance$-$based sports apparel$$namely Nike, adidas, and Under Armour

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product line breadth remains significantly smaller than global market leaders Nike and adidas$$lululemon$$s main strength is in yoga and fitness apparel for women

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Lululemon$$s offerings in sports apparel and leisure$/$casual wear for women, men, and youth are comparable to Nike, Adidas and Under Armour

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weak retail merchandising skills and store operations capabilities

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slow growth in direct$-$to$-$consumer sales $($e$-$commerce$)$ via the company$$s website

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poor leadership that has delivered unimpressive financial and operating results

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