Barclays Reiterates Equalweight Rating on Lululemon Athletica Inc. (LULU)

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lululemon Announces Evolved Structure of Product and Brand Teams

May 21, 2024 4:55 PM EDT

Elevates Global Creative Director and establishes Chief Brand & Product Activation Officer role

Announces departure of Chief Product Officer

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced it is implementing an updated and more integrated organizational structure, in conjunction with the departure of Sun Choe, Chief Product Officer, who has resigned and will leave the company later this month to pursue another opportunity.

The strategic organizational changes are intended to support the companys near- and long-term growth plans, accelerate product... More