ReportWire

Tag: LULU

  • Lulu Wang wanted the mystery at the end of Prime Video’s Expats

    Lulu Wang wanted the mystery at the end of Prime Video’s Expats

    In the end, we know about as much as when we started. Expats, whose first episode started with some open-ended reunions — first a more charged one between Margaret (Nicole Kidman) and Mercy (Ji-young Yoo), and later a calmer, sadder meet-up between Hilary (Sarayu Blue) and Margaret — has left off with those same characters coming together, and the same indefinite feeling permeating their meetings.

    [Ed. note: This post will now start discussing spoilers for the end of Expats.]

    What we still don’t know is what happened to Gus, or what Mercy is going to do next with her own baby, or even, technically, how these women all feel about each other at the end of the day. But that’s exactly how showrunner Lulu Wang wanted the adaptation of Janice Y.K. Lee’s 2016 novel The Expatriates to feel. As she tells Polygon, she sees the ending as its own sort of beginning, and the mystery that drives so much of the pain in Expats was never the point she wanted to leave us with.

    This conversation has been edited and condensed for clarity.

    Polygon: So, starting off, how did you think about and approach the tone of the ending for each of the characters?

    Lulu Wang: I think I wanted it to feel both, like, macro and micro. Both large in scope of the world, and global, but also so deeply personal. It’s a mother looking for her child. But it’s also all of us looking for a way to move on, to grieve, to find closure, to be happy, to find forgiveness, to be gentler on ourselves.

    So I think visually, it was always really important to me that I have that really long take of Margaret walking through the city with her backpack on. And in many ways, she becomes part of the city; she’s now no longer able to separate herself from the streets and from the people and from the elements, because her son is out there somewhere. And for Mercy it was about getting to realize that she just wants to be loved. We hate her so much, she does all of these things, and she makes all of these choices. But that moment of her where we really realize she’s just a kid, and her mother brings her soup — I think that’s one of the most heartbreaking [bits] of, like, Oh, wow, she’s really young. She’s just a kid and she’s dealing with these really adult situations. And for Hilary, just breaking free, you know, we always envision her ending having a lot of color, and I wanted her to almost, like, yeah, she’s lost everything, but in a way she’s coming back to life. And she’s this butterfly and she, you know, goes from very monochromatic to embracing a lot of color.

    Photo: Jupiter Wong/Prime Video

    I’m curious how you thought about establishing the tone of the series directorally. What was it you felt like early on you gravitated toward in terms of getting the mood just right for what you were looking for with this adaptation?

    I didn’t want it to be a plot-driven series where we were watching to solve the crime. I wanted it to really be an exploration of grief — I wanted it to feel like the book, because that’s what the book felt like. It was this tapestry of characters, of all of these different backgrounds, and against this very complex setting. And there are all of these different ways that people are trying to cope in different ways.

    And so I think that really looking to the book, and I would pull out sentences, and then I would talk to my DP, and we would watch films together — we watched this great French series called Les Revenants, “the return,” which is a zombie series about the return of the dead. But it’s not what you would think. It’s really about grief and about time passing. We would watch foreign films, like this Icelandic film called A White, White Day. We watched Nashville, which is one of my favorites. We also looked at a lot of photographs.

    So just putting together those images, I think we wanted to have there be a sense of a haunting, and have an emptiness.

    That haunting really comes through, and I’d love to know what formed in your mind’s eye as you were thinking about how to show an absence or illustrate, if not a total emptiness, that lack?

    I think we talked a lot in the writers room about ambiguous loss, and about not having closure, and all of the different ways in which we carry trauma that is not visible. It’s not always as simple as, OK, this person died. And now I’m grieving. Sometimes you never get closure, you never get to say goodbye. Sometimes you’re grieving the loss of time. Sometimes you’re grieving the loss of memory […] where the person is still there, but they’re not there in the way that you know them. So how do you relate to them? And how do you grieve?

    I think that’s why — and I did this with The Farewell also — [I focused on] really looking at space, and having the ability to do wide shots, where people are really isolated in the frame.

    Margaret (Nicole Kidman) standing alone at the top of a plane jetway

    Photo: Atsushi Nishijima/Prime Video

    Mercy (Ji-young Yoo) sitting in a waiting room alone

    Photo: Jupiter Wong/Prime Video

    Lulu Wang standing at a table with Ji-young Yoo and Nicole Kidman behind the scenes of Expats

    Photo: Glen Wilson/Prime Video

    Margaret, for example, she seeks out in her grief a place where she can be alone. And the emptiness of that room gives her comfort somehow, because she’s able to be someone else. She’s not constantly reminded of the tragedy. And so that was a really pivotal image for us was having Nicole in a practical location in Hong Kong. She had to go up the seven flights of stairs. It was her first day of shooting. I was like, Oh my god, she’s gonna hate me. This is Nicole Kidman. I’m having her trek up the stairs, there’s no elevator. We’re in this tiny room, and there’s windows everywhere so that we can really see Hong Kong and all the windows and all the lives inside of all of those windows, you know? And she’s here in this tiny box of a room, and there’s this weird purple bathtub. Like something kind of almost Murakami-esque, right, about the strange places we find ourselves in and the strange feelings we get from them.

    Definitely. And to your point about almost dodging the mystery of it, I’m curious how you build the final sort of confrontation between all these women. There’s this sense in the finale of it as a staccato conversation, these bits and pieces chopped up.

    In a way, it’s like a visual voice-over, I suppose. I wanted it to feel like they were addressing the audience; I wanted to play with this [idea that] everything they were saying, the other woman could also be saying almost those same things. It’s a specific conversation, but it’s also a universal conversation; it’s endings and beginnings. It’s apologies, and not being able to find the words to apologize. They all have been the other woman in different situations. And the series deals a lot with perpetrators and victims. And we always empathize with victims, it’s easy to identify with them. But it’s much more difficult to actually have compassion for the people who commit the acts and make the mistakes. And it was really important to us that all of these women were perpetrators and victims at the same time — but in different stories. In someone else’s story they are the perpetrator; in their own story, they are the victim. And to be able to hold all of those truths at once — it just felt like having that symmetry of their faces linked them.

    Expats is now streaming on Prime Video.

    Zosha Millman

    Source link

  • U.S. stocks end higher after job report, and Dow scores longest weekly winning streak since February 2019

    U.S. stocks end higher after job report, and Dow scores longest weekly winning streak since February 2019

    U.S. stocks closed higher Friday, with the Dow Jones Industrial Average scoring its longest weekly winning streak since February 2019, as investors digested the latest job report.

    How stock indexes traded

    • The Dow Jones Industrial Average
      DJIA
      rose 130.49 points, or 0.4%, to close at 36,247.87, its highest closing value since Jan. 12, 2022.

    • The S&P 500
      SPX
      gained 18.78 points, or 0.4%, to finish at 4,604.37, marking its highest close since March 29, 2022.

    • The Nasdaq Composite
      COMP
      climbed 63.98 points, or 0.4%, to end at 14,403. 97, scoring its highest closing value since April 4, 2022.

    For the week, the Dow eked out a gain of less than 0.1%, the S&P 500 edged up 0.2% and the Nasdaq advanced 0.7%. All three major indexes rose for a sixth straight week, according to Dow Jones Market Data.

    What drove markets

    U.S. stocks ended higher Friday as investors parsed a stronger-than-expected job report.

    The U.S. Bureau of Labor Statistics said Friday that the economy added 199,000 jobs in November, while the unemployment rate fell to 3.7% from 3.9%. Economists polled by the Wall Street Journal had forecast that 190,000 jobs would be added in the month.

    “It’s nice to see that a soft landing still can take place,” Yung-Yu Ma, chief investment officer at BMO Wealth Management, said by phone Friday. But the market had been getting “too optimistic” about potential interest-rate cuts by the Federal Reserve in the early part of next year, he added.

    The job report is “perhaps a wash” for markets as “average hourly earnings growth came in a little on the high side,” Ma said. That could contribute to inflationary pressures and push a Fed pivot on rate cuts further out in 2024 than markets were expecting. 

    “The Fed can probably be patient for a while,” he said. Fed Chair Jerome Powell may “strike a bit more of a hawkish tone” after the central bank’s monetary-policy meeting next week, potentially pushing back against some of the enthusiasm for earlier rate cuts, Ma said.

    Average hourly earnings rose 0.4% in November, up 4% year over year, the job report shows.

    “Even though the headline 199,000 new jobs created is just slightly above consensus estimates for 190,000 new positions, the lower unemployment rate of 3.7%, coupled with higher-than-expected average hourly earnings, caused a jump higher in Treasury yields,” Quincy Krosby, chief global strategist at LPL Financial, said in emailed comments.

    The yield on the 10-year Treasury note
    BX:TMUBMUSD10Y
    climbed 11.5 basis points Friday to 4.244%, according to Dow Jones Market Data. That’s below its high this year of about 5% in October.

    Meanwhile, the stock market’s so-called fear gauge remained low, with the CBOE Volatility Index
    VIX
    declining to 12.35 on Friday, FactSet data show.

    See: The VIX says stocks are ‘reliably in a bull market’ heading into 2024. Here’s how to read it.

    In other economic data released Friday, the University of Michigan’s gauge of consumer sentiment rose to a preliminary reading of 69.4 in December, its first increase in five months. Inflation expectations also moderated, the university’s survey of consumer sentiment showed.

    Such a big swing for a single reading of the survey is unusual, said Claudia Sahm, a former Federal Reserve economist who now runs a consulting business. “These data usually don’t move like that,” she said during a phone interview with MarketWatch.

    Next week’s economic calendar will include a reading on U. S. inflation from the consumer-price index as well as the outcome of the Fed’s two-day policy meeting, scheduled to conclude Dec. 13.

    Meanwhile, the S&P 500 notched a sixth straight week of gains, its longest such winning streak since the stretch ending Nov. 15, 2019, according to Dow Jones Market Data. The Dow Jones Industrial Average logged its longest stretch of weekly gains since February 2019.

    Companies in focus

    Steve Goldstein contributed.

    Source link

  • Micron, Peloton, GameStop, Workday, Nike, CarMax, and More Stock Market Movers

    Micron, Peloton, GameStop, Workday, Nike, CarMax, and More Stock Market Movers


    • Order Reprints
    • Print Article
    [ad_2]
    Source link

  • LULU Stock Price | lululemon athletica inc. Stock Quote (U.S.: Nasdaq) | MarketWatch

    LULU Stock Price | lululemon athletica inc. Stock Quote (U.S.: Nasdaq) | MarketWatch

    lululemon athletica inc.

    lululemon athletica, Inc. engages in the business of designing, distributing, and retailing technical athletic apparel, footwear, and accessories. It operates through the following segments: Company-Operated Stores, Direct to Consumer, and Other. The company was founded by Dennis James Wilson in 1998 and is headquartered in Vancouver, Canada.

    Source link

  • Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This Week

    Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This Week

    Data on the U.S. consumer and housing market, plus several notable earnings reports, will be this week’s highlights. Barring any surprises, federal financial regulators’ Congressional testimony will be the main event on the banking front.

    On Wednesday, Fed Vice Chair for Supervision Michael Barr and Federal Deposit Insurance Corp. Chairman Martin Gruenberg are scheduled to testify before the House Financial Services Committee. They’ll discuss the collapses of Silicon Valley Bank and Signature Bank and efforts to maintain confidence in the U.S. banking system.

    Source link

  • UPDATE: Lululemon stock slides premarket after yoga gear maker revises Q4 guidance

    UPDATE: Lululemon stock slides premarket after yoga gear maker revises Q4 guidance

    Lululemon Athletica Inc.
    LULU,
    +1.02%

    revised its fourth-quarter guidance on Monday by raising its revenue guidance. tweaking its per-share earnings guidance to a tighter range and lowering margin guidance. The yoga wear company now expects revenue to range from $2.660 billion to $2.700 billion, up from prior guidance of $2.605 billion to $2.655 billion. It expects EPS of $4.22 to $4.27 compared with prior guidance of $4.20 to $4.30. The company expects gross margins to decline 90 basis points to 110 basis points, compared with prior guidance of a rise of 10 basis points to 20 basis points. “However, the company now expects that it will further leverage selling, general and administrative expenses 100-120 basis points compared to its previous expectation of 30-50 basis points of leverage,” the company said in a statement released ahead of an investor conference. Lululemon stock slid 12% premarket, and is down 7% in the last 12 months through Friday’s close, while the S&P 500
    SPX,
    +2.28%

    has fallen 17%. Under Armour stock
    UA,
    +3.70%

    and Nike Inc.
    NKE,
    +3.24%

    fell in sympathy, The former was down 2.6% premarket and Nike was down 1.5%.

    Source link

  • Lululemon stock drops 10% after mixed quarterly results, soaring inventories

    Lululemon stock drops 10% after mixed quarterly results, soaring inventories

    Lululemon Athletica Inc. stock fell more than 10% in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results and saw inventories soar.

    Lululemon
    LULU,
    +0.59%

    earned $735 million, or $2 a share, in the third quarter, compared with $541 million, or $1.44 a share, in the same quarter last year. Adjusted for one-time items, Lululemon
    LULU,
    +0.59%

    earned $1.62 a share.

    Revenue rose 28% to $1.9 billion, the company said. Same-store sales were up 22%.

    Analysts polled by FactSet expected Lululemon to earn $1.97 a share on revenue of $1.81 billion. Same-store sales were expected to rise 19.1%.

    “We are proud to have delivered another quarter of strong sales and earnings growth, despite an operating environment that remains dynamic,” Chief Financial Officer Meghan Frank said in a statement.

    The retailer said inventories ended the quarter up 85% to $1.7 billion, compared with $900 million at the end of the third quarter of 2021.

    “The company believes its inventories are well-positioned to support its expected revenue growth in the fourth quarter,” it said.

    Lululemon guided for fourth-quarter revenue between $2.605 billion and $2.655 billion, and adjusted EPS between $4.20 and $4.30.

    For the full year, the company expects revenue between $7.944 billion and $7.994 billion, and adjusted EPS between $9.87 and $9.97. FactSet consensus calls for EPS of $9.92 on sales of $7.935 billion.

    Analysts were relatively upbeat about Lululemon heading into the results, saying the company was able to keep its prices higher, even as other retailers cut their prices.

    Retailers have slashed prices on clothing in an effort to clear shelves and entice customers, following an inflation-induced shift in consumer spending to necessities. But Raymond James analysts, in a note this week, said they found that Lululemon “didn’t have broad-based promotions” in the third quarter, or the fourth quarter so far.

    They said that the company leaned on its “We Made Too Much” section to iron out its inventories. And they noted a jump in downloads for Lululemon’s app. However, they said business in China “could be a curveball” amid that nation’s COVID-19 restrictions.

    Piper Sandler analysts, in October, also said that Lululemon remained more insulated than other clothing retailers from big markdowns.

    Lululemon stock is down 4% so far this year. The S&P 500 Index
    SPX,
    +0.75%
    ,
    by comparison, has slid 17% over that time.

    Claudia Assis in San Francisco contributed to this report.

    Source link