Activist investor wants Ralph Lauren veteran to lead Lululemon

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Just days after Lululemon announced CEO Calvin McDonald would step down, Elliott Investment Management has acquired a more than $1 billion stake in the company and is pushing for former Ralph Lauren executive Jane Nielsen to become CEO of the activewear brand, according to a person familiar with the matter. Nielsen served as Ralph Lauren’s chief operat ...