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Former Toms president steps into CEO role at Lululemon
Lululemon has named former Toms president Laurent Potdevin as the company’s CEO and elected him to its board of directors. Potdevin succeeds Christine Day, who has served as the company’s CEO since 2008 and announced her intention to resign in June 2013.
Potdevin will become a director when he assumes his duties as CEO in January 2014. Day is expected to remain with Lululemon through the end of the company’s fiscal year to ensure a smooth transition.
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Jared returns to social media for holiday sweepstakes
Jared is launching its "12 Days of Giveaways" sweepstakes for Facebook fans and Twitter followers now through Dec. 13. The campaign, introduced last year, gives customers the chance to enter to win daily prizes featuring brands available at Jared.