Century City, California- A view of the Fabletics location at Westfield Century CitygettyLululemon once was the undisputed consumer favorite in the rapidly growing athleisurewear market. Sporting the Lululemon logo became a status symbol, owing to its performance attributes, fashion-forward styling and premium pricing—leggings start at about $100. But recently it’s been caught in what investment analyst HSBC called a “downward spiral” after repeated product quality issues and being caught behind emerging st ...