3 min
Stephanie Batchelor: Milford Asset Management spokesperson on Lululemon shares plummeting 40 percent Best of Business
-
- Business
Former market darling Lululemon's been having a rough year, with shares plummeting 40 percent in 2024.
The famed athleisure brand is experiencing a drop in popularity after five years of steady growth.
Milford Asset Management's Stephanie Batchelor says this is down to inventory missteps and people turning away from discretionary spending.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Former market darling Lululemon's been having a rough year, with shares plummeting 40 percent in 2024.
The famed athleisure brand is experiencing a drop in popularity after five years of steady growth.
Milford Asset Management's Stephanie Batchelor says this is down to inventory missteps and people turning away from discretionary spending.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
3 min