Haley Zimmerman and Wang XueqiaoJul 6, 2026 – 4.00pmNew York/Shanghai | Lululemon is struggling with slowing sales in China, a market that has helped the company offset quality problems, unpopular designs and an angry founder – until now.Wall Street analysts say the China slowdown may signal a deeper challenge ahead. Rival activewear brands are expanding rapidly on the mainland just as Lululemon may be approaching saturation in its largest markets. A pair of social media controversies in May and June dented the brand’s reputation.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles