From Lululemon to Lattes: Taking the Pulse of the U.S. Consumer

Athleisure stocks like Nike, Lululemon, and Adidas peaked in late 2021, when the market over-valued the “forever-remote” lifestyle. After four years of underperformance, is the pain finally over — and how much of a threat are the smaller brands now nipping at their heels?

Join us on 25 November as our strategist Paul, fresh back from a US trip, discusses the strength — and contradictions — of the U.S. consumer, from Chipotle’s warning that young consumers are feeling squeezed to Starbucks’ upbeat view of strong youth demand. We’ll explore what Americans are still spending on, what they’re cutting back, and what these shifts mean across athleisure, dining, and discretionary sectors.

Register here.

Speakers' Profiles

Paul De Vierno, Strategist, Executive Director, UOBKH Wealth Management

Paul De Vierno is the strategist of UOB Kay Hian's Wealth Management team. He has 40 years' investment experience in the capital markets and commodities. Paul held positions in the UK, Geneva, Singapore and the US for the world's largest commodities trading firm. Prior to joining UOB Kay Hian, Paul had managed the Asian office for a US$7 billion private equity fund.