lululemon athletica: The Search For A Brand-Revitalizing CEO Is On
Company Overview - lululemon athletica inc. (LULU) is experiencing a significant transition as CEO Calvin McDonald is stepping down due to ongoing weaknesses in the U.S. market performance [1] Leadership Changes - The departure of CEO Calvin McDonald indicates a strategic shift within the company as it seeks to address its current challenges in the athleisure market [1] Market Performance - The U.S. performance of lululemon has shown continued weakness, prompting leadership changes to potentially revitalize the brand's market position [1]