Lululemon athletica designs and retails technical athletic apparel, footwear, and accessories, employing 38,000 staff and operating globally. Founded in 2007, it offers products for various athletic activities and connected fitness subscriptions.
LULU has been in the news recently: Lululemon Athletica's shares dropped over 12% as 90% of its products face a substantial 46% tariff due to sourcing primarily from Vietnam. The new tariffs, announced by Trump, are expected to raise prices for U.S. consumers and affect brands like Lululemon, which sources 40% of its products from the region.
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