Two-speed demand at BBW: collector-facing drops look hot (exclusive Lloromannic launch, Kitsune sequel, claimed same-morning sell-out) while broad retail declines

Narrowed. The two-speed pattern is real but in a different shape than the seed claim. The documented hot side is drop-driven, customizable/dressable demand in episodic launch windows: the Aug 6 Halloween launch set the company's highest-ever non-fourth-quarter sales week and third-highest U.S. e-commerce week (management on the Q2 call); the Jumping Spider sold out about a day after launch (community-corroborated; official post unverified) with ~5x eBay…