The insight: Lululemon athletica is confident about its ability to grow in China, despite strong headwinds that are tanking both consumer and business confidence.

• The premium athleisure brand sees “a lot of untapped opportunity in China,” country managing director San Yan Ng said at the Future China Business Forum, especially in second- and third-tier cities.
• That’s largely due to booming demand for products and services related to health and wellness, which helped lift lululemon’s mainland China sales by 37% year over year (YoY) in the most recent quarter.