Former market darling Lululemon's been having a rough year, with shares plummeting 40 percent in 2024.

The famed athleisure brand is experiencing a drop in popularity after five years of steady growth.

Milford Asset Management's Stephanie Batchelor says this is down to inventory missteps and people turning away from discretionary spending.

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Former market darling Lululemon's been having a rough year, with shares plummeting 40 percent in 2024.
The famed athleisure brand is experiencing a drop in popularity after five years of steady growth.
Milford Asset Management's Stephanie Batchelor says this is down to inventory missteps and people turning away from discretionary spending.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Stephanie Batchelor: Milford Asset Management spokesperson on Lululemon shares plummeting 40 percent

Denmark is moving ahead on plans to introduce a carbon tax on agriculture, with cattle farmers facing additional charges as a result.

The bill suggests that farmers would be taxed at 300 DKK ($70) per ton of CO2 equivalent emitted from 2030, moving to 750 DKK ($177) by 2035.

The Country's Jamie Mackay says the farmers will be unlikely to take this lying down - and they love a good protest.

LISTEN ABOVE

Denmark is moving ahead on plans to introduce a carbon tax on agriculture, with cattle farmers facing additional charges as a result.
The bill suggests that farmers would be taxed at 300 DKK ($70) per ton of CO2 equivalent emitted from 2030, moving to 750 DKK ($177) by 2035.
The Country's Jamie Mackay says the farmers will be unlikely to take this lying down - and they love a good protest.
LISTEN ABOVE

Jamie Mackay: The Country host on Denmark's plan to introduce a carbon tax on agriculture

International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come.

BMI predicted the nation's GDP would grow by just 1 percent this year, down 0.2 percent from previous estimates.

NZ Herald business editor at large Liam Dann unpacked this research further.

LISTEN ABOVE

International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come.
BMI predicted the nation's GDP would grow by just 1 percent this year, down 0.2 percent from previous estimates.
NZ Herald business editor at large Liam Dann unpacked this research further.
LISTEN ABOVE

Liam Dann: NZ Herald business editor at large on New Zealand's economic outlook being downgraded by experts

Meridian Energy's Investor Day data indicates more power companies are looking to embrace growth in a changing market.

New Zealand's electricity demand is expected to grow between 50 percent and 75 percent, meaning the sector needs new methods of generation.

Milford Asset Management's Jeremy Hutton unpacks the results and announcements.

LISTEN ABOVE

Meridian Energy's Investor Day data indicates more power companies are looking to embrace growth in a changing market.
New Zealand's electricity demand is expected to grow between 50 percent and 75 percent, meaning the sector needs new methods of generation.
Milford Asset Management's Jeremy Hutton unpacks the results and announcements.
LISTEN ABOVE

Stephanie Batchelor: Milford Asset Management spokesperson on Lululemon shares plummeting 40 percent

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