Lululemon's stock falls, as a weak outlook underscores the need for a transformation

Core Viewpoint - The yoga-wear maker is undergoing a leadership change as the founder attempts to revamp the board by appointing a former Levi's CEO as a new director [1] Company Summary - The company has reported its results amid efforts to shake up its board structure [1] - The appointment of a former Levi's CEO is part of a strategy to enhance governance and potentially improve company performance [1]