Reported 5 months ago
The article discusses the departure of Lululemon's Chief Product Officer, Sun Choe, and the impact on the company's stock. Choe will be leaving to pursue another opportunity, and her responsibilities will be transferred to another executive. Following the announcement, Lululemon's stock dropped nearly 6%, with analysts expressing concerns about the company's future growth and competition challenges. Analysts have revised their outlook on Lululemon's stock, with price targets being adjusted and concerns raised about the company's narrative and potential future growth issues.
Source: YAHOO