Virginie Viard is set to leave the luxury brand, marking the departure of one of the few women to lead the artistic direction of a major fashion house.
Sportswear companies moved to clear out leftover inventory to make room for new product lineups ahead of a summer packed with major sporting events, but analysts say any sales benefit will likely take time.
Lululemon is seeing sales grow in North America, but at a far slower pace than the past, raising concerns from investors about its future growth potential.