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Stock impact report

Next Lululemon head will have to refashion the retailer for success: experts [Yahoo! Finance Canada]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
These days, he comes across fewer Lululemon loyalists. "Don't get me wrong, I still see Lulu, but I see a lot more Alo now than I ever have," said Kopke, who worked at Lululemon in various management roles from December 2001 to January 2009. Competition from Alo — the California-based brand donned by just about every Gen Z who likes to downward dog and celebs such as Hailey Bieber and Kaia Gerber — is just one of the problems Lululemon is facing as it prepares for a leadership shakeup. In the last two years, Lululemon's rivals have upped their game, while the Vancouver-based retailer has been criticized for a lack of new styles, had to remove a leggings line that failed with customers, and saw its stock tumble by almost 60 per cent. None of the missteps escaped the notice of Chip Wilson, Lululemon's estranged founder, who used a full-page Wall Street Journal ad to blame CEO Calvin McDonald for a decline Wilson equated to a "plane crash." When McDonald announced in December he Show less Read more
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