Founder Chip Wilson Steps Down from Lululemon’s Board

Lululemon Athletica Inc. Founder Chip Wilson announced that he is stepping down from Lululemon's board of directors. Under Wilson, Lululmeon became one of the fastest growing apparel brands in history and helped ignite the current athleisure trend…

TJX Companies Adds Former Raytheon CEO to Board

The TJX Companies Inc. elected William H. Swanson to its board of directors, saying the former Raytheon Co. chairman and CEO would add valuable international experience as it continues to expand its off-price retail operations abroad…

USA Cycling Hires Korn Ferry to Find Next CEO

USA Cycling, the national sanctioning body for cycling competition, has retained the executive recruitment firm Korn Ferry to assist in the search for a new CEO to succeed Steve Johnson, who announced last month that he will step down from his post this f

NFL Reports Major Drop in Concussions

The National Football League reported the number of recorded concussions dropped 25 percent during the 2014 regular season, when the league adopted several rules to…

Fairweather Ski Works Wins $40K Grant

Fairweather Ski Works has been awarded a $40,000 grant by The Nature Conservancy after winning its Path to Prosperity contest, which seeks to encourage entrepreneurs building businesses around sustainable use of natural resources in Southeast Alaska…

RSG Acquires Raleigh Running Outfitters

The Running Specialty Group (RSG), which is owned by The Finish Line, acquired Raleigh Running Outfitters. The addition adds to its October-2014 acquisition of Capital RunWalk, also in greater Triangle area…