Abercrombie & Fitch Shares Drop as Holiday Sales Miss Expectations
Abercrombie & Fitch stock plunged after disappointing holiday sales results, triggering a broader selloff in retail stocks including American Eagle and Urban Outfitters.
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Lululemon Founder Launches Board Battle Amid Company Struggles
Chip Wilson nominates three new directors as Lululemon faces CEO transition and stock decline. The founder aims to overhaul the board amid mounting pressure for change.
Elliott Invests $1B in Lululemon, Eyes New CEO
Activist investor Elliott Management acquires over $1 billion stake in Lululemon and proposes retail veteran Jane Nielsen as potential CEO to help turn around the struggling athletic wear brand.
Lululemon CEO Calvin McDonald Steps Down, Company Raises 2025 Outlook
Lululemon announces CEO Calvin McDonald's departure after 7 years. Board appoints interim co-CEOs and raises annual revenue forecast to $11B despite slowing growth challenges.
Lululemon Teams Up with NFL to Launch Fan Apparel Line
Lululemon partners with NFL and Fanatics to launch fan apparel for all 32 teams, expanding beyond yoga wear into sports merchandise starting October 28.
Lululemon Stock Alert: Why Analysts Are Hitting the Pause Button
Lululemon stock was downgraded. Analysts think competition is too tough and future profit predictions are "too high," creating financial risk.