Global sportswear companies are experiencing a simultaneous decline in stock prices due to inflation, slowing consumption, and intensifying competition. In particular, discount wars among brands and changes in leggings market trends have negatively impacted the performance of companies like Lululemon. The industry predicts that this market slump will continue until the second half of next year.
Global sportswear companies are experiencing a simultaneous decline in stock prices due to inflation, slowing consumption, and intensifying competition. In particular, discount wars among brands and changes in leggings market trends have negatively impacted the performance of companies like Lululemon. The industry predicts that this market slump will continue until the second half of next year.