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Fanatics Appoints Nike Exec As CFO
Fanatics appointed Michener (Mich) Chandlee as chief financial officer. Chandlee, who brings to Fanatics nearly 30 years of global finance experience – including the last 18 years with Nike – will oversee the business and financial planning, accounting, investor relations, purchasing, tax, treasury and divisional finance for the company.
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Lululemon’s Hot Streak Continues
Lululemon Athletica Inc. continued its recent roll, delivering first-quarter sales and earnings that surpassed guidance and slightly increasing its outlook for the year. Highlights included 26 percent growth in men’s, a ramped-up push on the run category and 70 percent expansion in China.
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