UBS Cuts Price Target After lululemon athletica (LULU) Eliminates CPO Role
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lululemon Announces Organizational Changes to Elevate Design and Innovation
October 21, 2015 4:15 PM EDTLee Holman Appointed as Companys Creative Director
VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced strategic changes to its organizational structure that further elevate and reinforce the Companys design and innovation-driven brand focus.
Lee Holman, formerly Senior Vice President, Womens, has been appointed as lululemons Executive Vice President, Creative Director, effective immediately. In this new role, Mr. Holman will oversee both Mens and Womens product design and will report directly to lululemons CEO, Laurent Potdevin.
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