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Lululemon Founder Resigned As Chairman

2013/12/12 5:54:00 33

LululemonFounderResigns

< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Yoga dress < /a > manufacturer LululemonAthleticInc. (NASDAQ:LULU) today formally appointed the new chief executive officer. The former TOMSShoes president will be appointed in January next year. He also has a board seat at the same time. At the same time, the group announced that the Brand Co founder ChipWilson will resign from the non executive chairman of the board of directors. At present, about 9% of the shareholding of the group will remain a board seat.

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< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201312/12/20131212055804_sj.JPG "/" < > > "


< p > last March, after LululemonAthleticInc. (NASDAQ:LULU) suffered the recall of pparent yoga pants, the group was badly hurt.

In addition to the immediate resignation of former chief product officer ShereeWaterson, CEO ChristineDay also announced his resignation in mid June, which has led to a sharp fall in stock prices, so far, all recovered but at a distance of over $80.

LululemonAthleticInc. (NASDAQ:LULU) said it would not leave immediately in January, but to ensure seamless pition until the end of the financial year.

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< p > the last 9 months, "a href=" //www.sjfzxm.com/news/index_c.asp "Lululemon" /a > AthleticInc. (NASDAQ:LULU) "Misery" is far more than that, because the recall of pparent yoga pants was also fraudulent by many natural persons and corporate shareholders, while LululemonAthleticInc. (NASDAQ:LULU) also repeated the problem of quality during this period. At the beginning of November, the unauthorized remarks of the co founder, who were interviewed by Bloomberg, further pushed the brand of deep quality disturbance to the seal of public opinion.

"Some women are not suitable for our yoga pants," ChipWilson told reporters in an interview with TrishRegan.

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< p style= "text-align: center" > < img border= "0" alt= "" align= "center" style= "" width: ";


< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > ChipWilson < /a > founded Lululemon in 1998, then the brand rapidly developed into the most lethal Yoga wear brand in the world. However, it is now facing the competition of many sports brands and fast fashion brands, including UnderArmourInc (NYSE:UA) Andemar, NikeInc (NYSE:NKE) Nike, Adidas (Adidas), and (()) brand.

MichaelCasey, chairman of the board of directors, who took over ChipWilson as chairman of the board.

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"P > MichaelCasey's announcement on the 10 day welcomed LaurentPotdevin. He said that LaurentPotdevin's clothing and retail experience in the past 20 years will help him lead the group to a better direction.

LaurentPotdevin started her career in LVMH and served as an executive in BurtonSnowboards, Burton and other brands.

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< p > on Tuesday, hand news stimulated LululemonAthleticInc. (NASDAQ:LULU) up nearly 2%, and LululemonAthleticInc. (NASDAQ:LULU) will release its three quarter earnings on Thursday, December 12th.

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