Lululemon's chairman, Dennis "Chip" Wilson, sold stock worth $50 million just days before shares slumped following CEO Christine Day's resignation, according to a Reuters report.
Lululemon reported results for the first quarter ended May 5, but the news of the day was CEO Christine Day's resignation after five and a half years.
Lululemon Athletica, manufacturer of yoga-inspired athletic apparel has announced that its chief product officer, Sheree Waterson, will be leaving the company effective April 15.
A major renovation may be underway at Lululemon’s flagship store in Manhattan, but the fast growing retailer isn’t missing a beat.
Executives at Amazon, Kohl’s, Crocs and lululemon have been named recipients of the National Retail Federation’s annual awards.