Small, independent companies like Lucy and Prana have popped up to compete with Lulu, and entrenched apparel giants like Nike,Under Armour, Nordstrom,Victoria's Secret, and Gaphave also launched their own athleisure lines. Gap's Athleta chain is a virtual carbon copy of Lululemon, and it has quickly grown to 120 stores since Gap acquired it in 2008. However, there are a number of signs that the industry has quickly reached maturity. Party's over Due in part to self-inflicted wounds such as a massive pant recall, but also because of industry competition, Lululemon's growth has slowed down dramatically from its heady, post-recession days. The stock peaked in 2013, and though shares briefly rose north of $80 sell last year, they quickly fell again. In fiscal 2012, Lululemon's sales per square foot were $2,058, but that number fell25% to $1,541 in fiscal 2015, which ended last February, a clear indicator of market saturation. In addition,NikeandUnder Armour both plummeted by more than 20% last year as margins have thinned in the greater sportswear industry. Industry observers see the market hitting "peak athleisure." The Robin Report said the fashion trend was "rolling over,"and other sources say that retail buyers are buying more denim and less activewear, reversing a long decline in denim. Activewear is never going to go away, of course, but the idea of high-end athleisure as fashion that Lululemon essentially created seems to be fading, and with it the need for more producers of such garments. Where's the disruption?
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The U.S. Department of Justice still is reviewing the case. Loehmann, who is white, fired within seconds of arriving outside a recreation center where the black boy was playing with a replica Airsoft-type gun that shoots nonlethal plastic pellets. Loehmann and his partner had gone to the recreation center after a man called 911 to report that a "guy" was pointing a gun at people. The boy's mother, Samaria Rice, and her attorney said it's "disappointing and disheartening" that Loehmann won't face discipline for his use of force. She said Loehmann and his partner, Frank Garmback, who was driving the patrol car that skidded to a stop a few feet from Tamir, should be fired. "I think this process has taken entirely too long," Rice said. The city on Friday said disciplinary hearings will be held over the internal charges recommended against both Loehmann and Garmback. A city spokesman said the officers could face a suspension or be fired. Loehmann was accused of lying on his รองเท้าส้นสูง Cleveland police application in the know and failing to mention problems he had while working for another police department. Garmback was accused of driving his cruiser too close to Tamir and failing to report the time he arrived at the scene.
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