Lululemon Footwear Arrives Amid Challenges for Nike and Adidas – Sourcing Journal

Lululemon made its much-anticipated footwear debut Tuesday as Cowen downgraded Nike on supply fallout from Russia’s Ukraine invasion. Adidas, meanwhile, shook up Asia-Pacific leadership ahead of Wednesday’s earnings report showing a marked decline in China, where last year’s consumer-led and state-sanctioned boycott of Western brands speaking out against Xinjiang sourcing continues to hamper the German…

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