Lululemon Lowers Outlook Amid Weak Demand and Trade Policy Impact
Lululemon Athletica Inc. is grappling with weak demand and the effects of new trade policies, leading to a reduced outlook. The company's shares have plummeted by 20%, resulting in a staggering $22 billion loss in market value this year.
Lululemon Lowers Outlook Amid Weak Demand and Trade Policy Impact
Lululemon Athletica Inc. is grappling with weak demand and the effects of new trade policies, leading to a reduced outlook. The company's shares have plummeted by 20%, resulting in a staggering $22 billion loss in market value this year.
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The latest update landed just 18 minutes ago
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