Lululemon Slumps as Shein’s Valuation Reset Bites
Friday, September 4, 2026 · 9 min
Lululemon’s 9% comp decline puts incoming CEO Heidi O’Neill on the clock, while Shein’s Hong Kong listing keeps testing public-market faith in fast fashion. The day’s fashion-business reset spans activewear, ultra-fast fashion, recommerce, and luxury’s limits on institutional redemption.
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Lululemon’s 9% comp decline puts incoming CEO Heidi O’Neill on the clock, while Shein’s Hong Kong listing keeps testing public-market faith in fast fashion. The day’s fashion-business reset spans activewear, ultra-fast fashion, recommerce, and luxury’s limits on institutional redemption.
In this episode
- Lululemon’s identity crisis continues, with comp sales down 9%, as it prepares to welcome new CEO — Modern Retail
Former Nike executive Heidi O’Neill will have her work cut out for her as she prepares to take over as CEO of Lululemon starting Sept. 8. Lululemon reported second-quarter earnings on Thursday that came in below expectations, and executives faced plenty of questions from Wall Street analysts about whether the activewear brand had correctly diagnosed the challenges it faces. Net revenue was down…
- Shein shares slide over 3% after lacklustre Hong Kong trading debut - The Business Times — The Business Times
Why Shein’s underwhelming IPO debut raises concerns about its future growth - Inside Retail Australia The listing ceremony for online retailer Shein at the Hong Kong Stock Exchange. (Source: Reuters/Tyrone Siu) By Tong Van September 2, 2026 Text Size - Share on Facebook - Share on Twitter - Share on LinkedIn - Share on Email Shein’s first day as a Hong Kong-listed company offered a sobering…
- Fresh from €14.6 million Seed round, eComID acquires Nilum to push into recommerce - Houston News Network — Houston News Network
Fresh from €14.6 million Seed round, eComID acquires Nilum to push into recommerce - Houston News Network # Fresh from €14.6 million Seed round, eComID acquires Nilum to push into recommerce Sep 3, 2026 - 05:00 12871 eComID, a Stockholm-based startup that claims to be building the “shopping passport for the future of commerce”, has acquired Nilum, another Stockholm-based startup…
- Luxury Briefing: How John Galliano’s 15-year rehabilitation reached its limit at the Met — Glossy
One month after announcing “John Galliano: Horizons,” the Metropolitan Museum of Art canceled what would have been only its third solo Costume Institute exhibition devoted to a living designer. The decision reversal won’t likely halt Galliano’s return to fashion. His reputation has survived a criminal conviction, after which he worked his way back to the industry’s highest level and secured his…
- Perfect Corp. Launches 3D Jewelry Try-On With QWEEN | PERF Stock News — Stock Titan
Perfect Corp. Launches 3D Jewelry Try-On With QWEEN | PERF Stock News Perfect reported $69.2M in revenue and $4.6M in net income for fiscal 2025. See the full PERF financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing. # QWEEN Launches Hyper-Realistic 3D Jewellery Virtual Try-On for Indian Shoppers with Perfect Corp. QWEEN expects to…