lululemon Announces Organizational Changes to Elevate Design and Innovation

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UBS Cuts Price Target After lululemon athletica (LULU) Eliminates CPO Role

October 22, 2015 12:02 PM EDT

UBS maintained a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $55.00 (from $59.00), following the elimination of the role of Chief Product Officer. Analyst Michael Binetti believes that this change adds questions to a story that has had a high-level of... More

lululemon athletica (LULU) Appoints New EVP, Creative Director

October 21, 2015 4:16 PM EDT

lululemon athletica (NASDAQ: LULU) announced strategic changes to its organizational structure that further elevate and reinforce the Companys design and innovation-driven brand focus.

Lee Holman, formerly Senior Vice President, Womens, has been appointed as lululemons Executive Vice President, Creative Director, effective immediately. In this new role, Mr. Holman will oversee both Mens and Womens product design and will report directly to lululemons CEO, Laurent Potdevin.

Standing out requires a fierce commitment to constant innovation in functional performance. Our unwavering dedication to a singular design vision and craftsmanship... More

lululemon athletica (LULU) Names Lee Holman as Creative Director

October 21, 2015 4:16 PM EDT

lululemon athletica inc. (NASDAQ: LULU) today announced strategic changes to its organizational structure that further elevate and reinforce the Companys design and innovation-driven brand focus.

Lee Holman, formerly Senior Vice President, Womens, has been appointed as lululemons Executive Vice President, Creative Director, effective immediately. In this new role, Mr. Holman will oversee both Mens and Womens product design and will report directly to lululemons CEO, Laurent Potdevin.

Standing out requires a fierce commitment to constant innovation in functional performance. Our unwavering dedication to a singular design vision and... More