- Shares of Lululemon (LULU +0.2%) are having a very bouncy day off the news the retailer found a new CEO.
- The entrance of Lauren Potdevin to the top job at Lululemon is being overshadowed a bit by the exit of founder Chip Wilson who created a stinging backlash and potential overhang with his disparaging comments on the size of women's bodies.
- Looking forward, Credit Suisse say the experience of Potdevin at Toms is a positive for the lifestyle brand.
- Lululemon trades 14% off its YTD high, but some traders think the CEO hole was keeping the stock range-bound. Positive pricing checks on the retailer's holiday mix and a vibrant online business supports the case that margins are holding up.
From other sites
at CNBC.com (Mar 26, 2015)
at Investor's Business Daily (Feb 5, 2015)
at Nasdaq.com (Feb 5, 2015)
at Investor's Business Daily (Feb 2, 2015)
at MarketWatch.com (Jan 16, 2015)
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