SEARCH

    Language Settings
    Select Website Language

    GDPR Compliance

    We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policies, and Terms of Service.

    dailyadda

    Lululemon leadership transition: CEO Calvin McDonald to step down in January; athletic wear brand wrestles with dropping sales

    4 hours ago

    Lululemon CEO Calvin McDonald is stepping down January 31 amid a challenging sales year, with the board seeking a successor. The athletic wear brand reported a 2% net revenue decline in the Americas and a 13% profit fall in its third quarter, facing increased competition and market shifts. Shares rose over 10% following the announcement.
    Click here to Read More
    Previous Article
    Gold price prediction: What's the gold outlook for December 12, 2025? Here's what investors should do
    Next Article
    ‘Tariffs are hurting American businesses’: Lawmakers warn Trump; claim policies straining US–India ties

    Related Business Updates:

    Comments (0)

      Leave a Comment