Pressure from the founder, a change of CEO, and better-than-expected results are driving Lululemon’s performance.
A Canadian sportswear brand founded in 1998, Lululemon gained fame from its yoga pants. But internally, the atmosphere at the company was never exactly zen. This was reflected in the…
Nike appoints new CEO as sportswear giant’s sales come under pressure | Nike
Nike is bringing back the former senior executive Elliott Hill to replace John Donahoe as chief executive as the sportswear brand attempts to revive sales amid rising competition. Hill, who…