Lululemon shares slide as tariffs and weaker sales take their toll

Lululemon shares fell sharply on Thursday after the company warned over the impact on its business of US President Donald Trump's tariffs and his decision to close a duty-free loophole.The Canadian company says the US levies and the ending of the so-called de minimis exemption will cost it about $240m (£178.4m) this year. The policy had allowed companies to ship online orders worth $800 or less into the US…