Lululemon CEO McDonald Is Stepping Down
Lululemon Athletica Inc. said Chief Executive Officer Calvin McDonald is stepping down as the pricey yoga-wear brand looks to reignite growth amid pressure from upstart competition and it founder. Chief...
By Bloomberg Markets · Bloomberg Markets
Lululemon Athletica Inc. said Chief Executive Officer Calvin McDonald is stepping down as the pricey yoga-wear brand looks to reignite growth amid pressure from upstart competition and it founder. Chief Financial Officer Meghan Frank and Chief Commercial Officer André Maestrini will serve as interim co-CEOs. BTIG Analyst Janine Stichter joins "Bloomberg The Close." (Source: Bloomberg)