The Risks of Lulu-Lulman's Performance in the Economy

Lulu has been growing at 25 plus percent now for the last three years, like I mentioned earlier. Would you say that's a pretty mature market though for them? I mean, if that growth rate sustained over time at some point, you hit a wall? Yeah, well, so they're expanding into China. It's obviously got its risk in China, obviously with the government and how they handle the US businesses. But we think it's doable for them. And they guided for 15 percent revenue growth in 2023, which was in line with what we expected. We think maybe not quite 25 percent annually for the next few years but 15 percent sounds pretty much in line.