Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTWill AshworthTue, June 23, 2026 at 5:23 PM GMT+2 7 min readLululemon Athletica inc_ storefront by- Robert Way via iStockOne of the top retail stories of 2026 has to be the total collapse of Lululemon's (LULU) market cap. At the start of the new year, the leisure apparel brand's equity was valued at over $24 billion. It's now less than $12 billion. As someone who believes Lululemon remains a Canadian success story, even I'm starting to lose patience with a company and board that seems hell-bent on destroying shareholder value.More News from BarchartD-Wave Just Unveiled a Major Quantum Breakthrough. QBTS Stock Looks Ready for Another Surge.Micron Technology Earnings: Bull Put Spread Trade