Lululemon CEO Hire From Nike Fails to Impress Investors, Shares Sink

Lululemon CEO Pick Heidi O’Neill Faces Skeptical Wall Street

Heidi O’Neill, the former Nike exec named as CEO at Lululemon, faces Wall Street skepticism as analysts await her strategy for the brand's turnaround.

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 per cent to their lowest level since 2020.

Lululemon shares tumble 12% after former Nike exec named new CEO

Lululemon Athletica Inc.'s share price slid by almost 12 per cent a day after the retailer named a new CEO.

Lululemon sees largest market dip in years after announcing former Nike exec as CEO

Lululemon Athletica shares tumbled about 12% to their lowest level since March 2020