Lululemon CEO ‘Out With the Old and In With a New’

In an effort to distance itself from a year full of missteps, Lululemon Athletica Inc. has named a new CEO. Company founder Chip Wilson will step down as chairman of the yoga wear company and Laurent Potdevin will be taking his place. Potdevin was most recently the president of TOMS Shoes. He took a leading role in the global expansion of that company, expertise Lululemon is excited to bring on board. They hoped to expand worldwide this year, but news of expansion was trumped by news of … [Read more...]

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