Lululemon stock collapses: Soft sales in China reveal negative impact of viral drum controversy
Lululemon stock collapses: Soft sales in China reveal negative impact of viral drum controversy
The apparel brand appears to have paid dearly for a public fumble in May at a time when it is looking to China for growth. Shares are down 42% this year.
[Photo: Isabella Falsetti/Bloomberg via Getty Images]
Shares of Lululemon Athletica (Nasdaq: LULU) are down more than 20% in premarket trading on........
