Lululemon

Lululemon apologises after Great Wall drum sparks China backlash

Social media users object to the use of a Japanese drum at a site widely viewed as a symbol of Chinese national identity

The settlement stands to remove a significant distraction before the company's new CEO arrives in September.

Companies & Markets

Lululemon settles dispute with founder by shaking up board

The company will add a former ESPN executive and sneaker maker On’s previous co-CEO as directors

Lululemon has ceded share to upstarts like Alo Yoga and Vuori.

Consumer & Healthcare

Lululemon names former Nike executive O’Neill its next CEO

The new CEO must now drive growth as the company loses its grip on the athleisure market

Lululemon has been grappling with a lack of design freshness, softer customer spending and competition from larger rivals.

Consumer & Healthcare

Lululemon’s disappointing outlook adds urgency to CEO search

The company is focused on improving full-priced sales in the Americas

Lululemon is operating without a permanent CEO and is facing pressure from activist investor Elliott Investment Management.

Consumer & Healthcare

Lululemon founder Chip Wilson ramps up pressure on board amid proxy fight

Wilson’s campaign comes as the company’s shares have lost nearly half of their value over the past 12 months

Lululemon Athletica is facing customer backlash after complaints that its newly launched "Get Low" leggings are see-through and not squat-proof.

Companies & Markets

Lululemon founder slams board after see-through leggings fiasco

LULULEMON Athletica founder Chip Wilson lashed out over the company’s latest product flop, calling it a “total operational failure” that he blamed on the company’s board of directors.

The Lululemon Get Low collection (above) remains available in the physical North America stores, and in other markets.

Consumer & Healthcare

Lululemon pauses online sales of sheer leggings that are not ‘squat proof’

This is its latest setback as it tries to win back customers, revive growth, and find a new CEO

Lululemon, valued at US$25 billion, now likely faces an expensive and drawn-out board dispute over the position of CEO.

Companies & Markets

Elliott takes over US$1 billion stake in Lululemon: source

The hedge fund is now one of the company’s biggest investors

Known for its pricey leggings and athleisure clothing, Lululemon’s sales have struggled in the US as it lost ground to upstart brands and private-label replicas.

Companies & Markets

Lululemon CEO McDonald to step down, shares rise 10%

LULULEMON Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up about 10 per cent in extended trade on Thursday...

Lululemon’s stock has plummeted more than 50 per cent this year.

Consumer & Healthcare

Lululemon faces new threat with debut of Nike-Kardashian line

NikeSkims offers lower prices across critical categories such as track jackets, sports bras and leggings

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