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LULULEMON BRAND ISSUES
Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...- US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investorsLululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO...
- Stock trader’s guide to navigating supply disruption by Iran warThe prospect of a prolonged Iran war and surging oil prices is forcing investors to reassess risks across sectors from airlines and shippin...
- S&P 500, Nasdaq trade lower, Dow rises as Broadcom adds to AI bubble angstThe S&P 500 and the Nasdaq opened lower on Friday as Broadcom's latest results added to concerns about an AI-fueled bubble, dampening optim...
- US stocks trade higher on last trading day of November, futures resume trade after outageWall Street indexes climbed Friday after a CME Group outage, which had temporarily frozen global trading, was resolved. Major indexes saw g...
- When people slim down, businesses bulk upThe rising popularity of weight-loss drugs like Mounjaro and Wegovy is poised to create new opportunities for various sectors beyond pharma...
- US stock market futures edge higher as Trump-Musk tensions ease — Dow, S&P 500, Nasdaq 100 futures point up as Wall Street waits to see which way the camel sits ahead of key jobs reportUS stock market today saw a fresh bounce as futures for the Dow, S&P 500, and Nasdaq moved higher, driven by easing tensions between Presid...
- On TikTok, Chinese manufacturers open a new line in trade war with USChinese manufacturers are leveraging TikTok and other social media platforms to directly appeal US consumers, offering luxury goods at sign...
- Trump taking shots at a rival, but Americans are flocking to its shopping appsAmerican shoppers are increasingly turning to Chinese e-commerce apps like DHgate, Taobao, and Shein for deeply discounted goods, driven by...
- Birkin, Lululemon, and TikTok: How China is using the tariff war for luxury goods to go direct from factory to your feedChinese factories are turning to TikTok to directly market luxury goods like yoga pants and handbags, claiming they come from the same prod...
- Southeast Asia rushes to avert tariff pain by enticing TrumpSoutheast Asian nations like Vietnam, Cambodia, and Indonesia are seeking negotiations with the US to avoid Trump's severe tariffs on their...
- Exclusive: Advent set to acquire jewellery retailer Orra at nearly Rs 1,750 crore: sourcesUS buyout fund Advent closes in to pick up around 51-75% in Rosy Blue company; may announce deal soon. People familiar with the situation t...
- Climate goals face BC election backlash in home of GreenpeaceJohn Rustad's campaign focuses on removing environmental targets and promoting natural-resources development, which contrasts sharply again...
- Waste from Adidas, Walmart, other brands fuelling Cambodia brick kilns: reportWaste from at least 19 international brands including Adidas and Walmart is being used to fuel kilns in brick factories in Cambodia, and so...
- Entrepreneurs are vying to fix one of fashion’s fossil-fuelled secretsDyeing clothes is very carbon intensive where a lot of hot water is used. Most countries which use this process of dyeing uses cheap coal a...
- Blackstone's edtech bet; GlobalBees and Spinny score bigFrom Blackstone's newest edtech bet to GlobalBees's $150 million fundraising and the latest on the Pegasus spyware, here's a quick look at ...
- BlissClub lands $2.25 million in seed funding led by Elevation CapitalBlissClub will use the funds to grow the team, for product development and marketing
- Algae-sequin dresses, dyeing clothes with bacteria: How tech is helping fashion industry clean up its woeful environmental recordSome experts are sceptical that such initiatives can lead to large-scale transformation.
- The future of luxe: Health to become ultimate luxury, a new era of frenzy in M&A to dominate coming yearsBy 2030, Erwan Rambourg expects LVMH to hold 90 to 100 brands, up from 76 today.
- Yoga pants’ recall: Least a company can do to protect its bottomlineOne batch of Canadian company Lululemon’s exercise bottoms arrived on shelves too transparent for comfort, even though there was no change.
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