Lululemon fans furious as tariffs threaten to drive prices even higher amid stock plunge
1. Lululemon warns of price increases, citing tariffs and low consumer spending. 2. Sales grew only 1%, missing the 3% forecast amid economic uncertainty. 3. 40% of products come from Vietnam and 28% from China, hit by tariffs. 4. Lower store traffic and consumer confidence reported by Lululemon executives. 5. Customer backlash is growing over prices and manufacturing choices.