Lululemon Athletica appointed Heidi O’Neill, a former top Nike executive, as its new CEO starting September. She replaces Calvin McDonald, who resigned under pressure as the company faces challenges including a 38% stock decline over the past year and competition from brands like Alo Yoga and Vuori. Founder Chip Wilson has criticized the company's management and initiated a board fight. Investors reacted negatively to the CEO news, pushing the stock down over 6% in after-hours trading.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
