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Stock impact report

Will Money Talk? Elliott Takes $1 Billion Stake in Lululemon, Pushes for Ralph Lauren Exec to Be Next CEO [Yahoo! Finance]

Ralph Lauren Corporation (RL) 
Last ralph lauren corporation earnings: 2/4 08:01 am Check Earnings Report
US:NYSE Investor Relations: investor.ralphlauren.com
Company Research Source: Yahoo! Finance
The activist is in a position to make moves, and with a stake reportedly valued at more than $1 billion, Elliott's input might have more sway with the Lululemon board than that of Wilson. And with Lululemon CEO Calvin McDonald planning to step down on Jan. 31, the timing seems perfect for the activist to exert some pressure for the slumping yoga-inspired athletic brand. More from WWD The Latest Beauty Executive Moves at Revlon, L'Oréal and More Ganni Strengthens Leadership With Three New Executives Berta de Pablos-Barbier to Step Up as Pandora CEO Ahead of Schedule The Wall Street Journal first reported that Elliott has been working with Jane Nielsen as a potential CEO candidate. Nielsen is a seasoned executive with a good reputation among the Wall Street crowd. A former chief financial officer at Tapestry Inc., she left in 2016 to join Ralph Lauren Corp. as its CFO and chief operating officer. Nielsen left the company this past April. That was about the time when Elliott a Show less Read more
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