The Manila Times on MSN
Lululemon CEO hire from Nike fails to impress investors, shares sink
INVESTORS in Lululemon Athletica expressed disappointment on Thursday after the athletic apparel maker picked its new CEO from struggling rival Nike, dropping shares about 12 percent to their lowest ...
Company faces proxy fight, market share losses and activist pressure Heidi O'Neill's Nike tenure leaves analysts, investors cautious O'Neill to start as CEO in September after months-long search ...
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