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Alo Yoga is planning to double its brick-and-mortar presence in 2023.

Is This Alo Yoga’s Moment?

It’s a good time to be Alo Yoga. The 16-year-old brand, known for its Airbrush leggings and a wide variety of crop tops, has long been the fashionable upstart in an athleisure category dominated — and arguably invented by — Lululemon. But the retail giant is suddenly looking vulnerable. It downgraded its profit forecast in …