Dossier
athleisure industry
Coverage of athleisure industry in the Nexus archive.
- Lululemon slashes its forecast as product misfires and bad buzz batter the brand
Lululemon has revised its annual revenue forecast downward to a potential 1% decline, reversing from previous expectations of 2% to 4% growth. The company cited product misfires and negative public sentiment as key factors impacting its performance.