24H｜Lululemon Shares Tumble 10% After Trump Announces Reciprocal Tariffs

Dow Jones

04-03

Lululemon Athletica thought it was safe from President Trump's tariffs. That wasn't the case.

The Vancouver-based company doesn't make its yoga pants and running shorts in Canada, which previously gave it a competitive advantage over other Canadian companies that do manufacture domestically, such as Canada Goose.

The company, however, produces nearly 90% of its athletic gear in Vietnam, Cambodia, Sri Lanka, Indonesia and Bangladesh.

Shares fall 10% in overnight trading after President Trump announced reciprocal tariffs of 46% on Vietnam, 49% on Cambodia, 44% on Sri Lanka, 32% on Indonesia and 37% on Bangladesh.

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That wasn&#39;t the case. </p><p>The Vancouver-based company doesn&#39;t make its yoga pants and running shorts in Canada, which previously gave it a competitive advantage over other Canadian companies that do manufacture domestically, such as Canada Goose. </p><p>The company, however, produces nearly 90% of its athletic gear in Vietnam, Cambodia, Sri Lanka, Indonesia and Bangladesh. </p><p>Shares fall 10% in overnight trading after President Trump announced reciprocal tariffs of 46% on Vietnam, 49% on Cambodia, 44% on Sri Lanka, 32% on Indonesia and 37% on Bangladesh. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87c7da8bba9fafe4ab16878644bb9a7d\" title=\"\" tg-width=\"839\" tg-height=\"832\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LULU","symbol_name":"lululemon athletica","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524444235","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524444235","pubTimestamp":1743644067,"columns":[{"name":"政策监管","id":32,"label_key":"policyRegulatory"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1735 ET - Lululemon Athletica thought it was safe from President Trump's tariffs. 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