2026 is the year the Apparel & Luxury trade died.
By Vlad from Bastion on
The median YTD return among the 30 largest companies is -17%. Only seven remain positive.
Five of the most striking collapses:
🧘 Lululemon -50% $LULU 🏃 On -41% $ONON 👟 Nike -39% $NKE 🥂 LVMH -33% 👜 Hermès -31%