Lululemon Athletica Inc. said that chief product officer Sheree Waterson will be leaving Lululemon effective April 15, in what it described as a “leadership change in the product organization.”
The National Retail Federation's 102nd Annual Convention & Expo, also referred to as Retail's BIG Show, opened on Sunday, with more than 27,000 attendees from more than 70 countries around the globe.
Canadian yoga apparel retailer lululemon athletica will open a four-month pop-up location on Third Avenue, between 66th and 67th Streets in Manhattan, according to Douglas Elliman's Retail Group.
Prudential Douglas Elliman's Retail Group said it has arranged a long-term lease for LUMAS Galleries at 1100 Madison Avenue, between 82nd and 83rd Streets.
Lululemon Athletic Inc. reported that profit for the fiscal first quarter surged 40% to $46.4 million, compared with $33.4 million last year, but lowered second quarter and full-year forecasts have alarmed investors.
Lululemon Athletica said on Friday that Dennis J. Wilson, its founder and former CEO, would step down from his current position as chief innovation and branding officer of the yogawear company at the end of January.
Yoga apparel retailer and manufacturer Lululemon athletica reported Thursday that net income for the quarter ended Oct. 31 rose to $25.7 million, compared with $14.1 million in the year-ago period.