Lululemon CEO to Step Down in January as US Sales Decrease

Date:

Calvin McDonald, CEO of Lululemon Athletica, on the floor of the New York Stock Exchange on March 29, 2023. Brendan McDermid/ReutersLululemon Athletica’s CEO will step down in January after seven years at the helm of the premium workout and athleisure wear company, the Canadian brand announced Thursday.Calvin McDonald’s departure, expected on Jan. 31, comes amid disappointing U.S. sales, increased competition, and criticism about the company’s direction.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Kenya Arrests Chinese National for Attempting to Smuggle Over 2,000 Live Ants in Flight Luggage

Samples of garden ants are seen in Nairobi, Kenya,...

Canada Keeps Russia Sanctions as US Faces G7 Pushback Over Oil Sanctions Pause: Carney

Prime Minister Mark Carney participates in a joint news...

China Used Iran and Others for Years to Distract the West, and Thats About to Change

ViewpointsOpinionTwo F/A-18 Super Hornets launch from the flight deck...

ATL Host Jan Jekielek Launches New Book, Killed to Order, Exposing CCPs Organ Harvesting

For more than 20 years, what has been done...