Reported 5 months ago
Lululemon's Chief Product Officer, Sun Choe, is leaving the company to pursue a new opportunity, prompting a series of organizational changes at the Canadian active brand. The company does not plan to fill Choe's role, instead opting for new leadership structures to support growth and innovation initiatives. Effective immediately, Jonathan Cheung will take on a key role in driving product design and innovation, while a new team combining merchandising and brand functions will be established. The departure comes as Lululemon anticipates slower growth rates for 2024, with first quarter earnings results set to be reported on June 5.
Source: YAHOO