Lululemon's 2025 struggles illustrate how quickly premium fashion brands can fall from grace when multiple challenges converge. The athleisure giant faces declining sales as fashion trends shift toward baggy styles, core customers reject new product lines, and economic pressures make luxury athletic wear less appealing. Combined with supply chain vulnerabilities, increased competition, and the commoditization of technical athletic wear, Lululemon's premium positioning is under serious threat. The company's experience offers critical lessons about maintaining cultural relevance, authentic growth strategies, and the fragility of fashion dominance in an increasingly volatile retail landscape.

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