Nike's quarter showed contradictions in the mix. Revenue came in at $11.28 billion, essentially flat year over year at 0.1%, but Wholesale revenues rose 5% to $6.5 billion while NIKE Direct fell 4% to ...
Lululemon's stock is still down sharply year to date, even after a powerful rebound over the past month. The shares remain well below their 52-week-high, reflecting investor skepticism around ...
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Did Lululemon just make a $2 billion mistake?
Lululemon stock fell 13% after it announced former Nike exec Heidi O'Neill as its next CEO. Both Luluemon and Nike have struggled in recent years. O'Neill has a strong resume, but is also seen as ...
Wall Street gave Heidi O’Neill an uncordial welcome as the next chief executive officer of Lululemon Athletica Inc., trading shares of the company down 13.3 percent to $141.66 at the close of trading ...
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