lululemon appoints Heidi O'Neill as CEO
She plans to drive re-acceleration through product innovation and operational improvements to rebuild the brand.
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Technical athletic apparel, footwear, and accessories retailer
lululemon.comLast updated
In short: lululemon appointed Heidi O'Neill as CEO while downgrading its financial guidance amid slowing U.S. sales and multiple legal challenges.
She plans to drive re-acceleration through product innovation and operational improvements to rebuild the brand.
Revenue fell 4% to $2.4 billion with a diluted EPS of $2.92. The company revised its full-year outlook lower and provided tariff refund details.
San Yan Ng takes over Regional President duties for China and APAC, while Jeffrey Hang joins as Senior Vice President to accelerate growth and strengthen market presence.
The 1M sq ft facility supports North American e-commerce using AutoStore robotics to boost speed and agility while creating employee growth opportunities.
On an earnings call on Sept. 9, Lululemon Chief Financial Officer Meghan Frank said the company's sales were negatively impacted by several headwinds, including a...
On September 3, Lululemon Athletica (NASDAQ:LULU) told investors its troubles run deeper than one...
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