Lululemon Stock (LULU) Hammered as Tariff Strategy Backfires
Shares of athletic apparel retailer Lululemon (LULU) hit their lowest level in eight months today following President Trump’s announcement of a ...
‘China plus one’ bets unravel as Southeast Asian economies get steep ‘Liberation Day’ tariffs
Companies that embraced supply-chain diversification by moving some operations to economies geographically close to China now ...
US tariffs on Vietnam would be a blow to Nike and other sportswear brands
Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on ...
From Lululemon gear to AirPods, South-East Asia’s role in global supply chains put at risk by Trump tariffs
South-East Asian nations have been among the hardest hit by the latest Trump tariff rout across the globe, which has dealt a ...
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Lululemon Stock (LULU) Hammered as Tariff Strategy Backfires
Lululemon started moving production to Vietnam in 2016 and cut its reliance on Chinese manufacturing by nearly half within three years. However, many of the countries it diversified into now face ...