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Lululemon Athletica Announces Leadership Appointments

Lululemon Athletica Announces Leadership Appointments

Lululemon Athletica Inc. announced several leadership appointments, including company veteran Celeste Burgoyne becoming the first executive to serve at the president level in her role leading the Americas and Global Guest Innovation teams. The company also announced the hire of longtime Adidas executive André Maestrini to serve as EVP, International and lead the company’s international expansion. (Read More)

Columbia Sportswear’s Q3 Profits Slump 47 Percent

Columbia Sportswear’s Q3 Profits Slump 47 Percent

Columbia Sportswear reported earnings fell 47 percent in the third quarter as revenues were down 23 percent. Both sales and EPS came in  below Wall Street's consensus targets. Looking forward, the company predicted fourth-quarter earnings would decline between 20 and 35 percent as sales slump in the range of 8 to 11 percent. (Read More)

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