Lululemon sinks after new CEO hire from Nike fails to impress investors - Reuters
Lululemon sinks after new CEO hire from Nike fails to impress investors Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Heidi is an inspiring leader and proven, consumer-driven brand strategist, with a rare ability to both imagine a new future for a brand and to create the structure and processes to deliver on that vision."
— Marti Morfitt , Executive
"I am humbled by the opportunity and energised by what the team is already building."
— Heidi O’Neill , Executive
"We feel the responsibility to this organisation, and the consumers and shareholders, to get into action and keep the team focused, despite what might be going on around Lululemon."
— Meghan Frank , Executive
"lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential."
— Heidi O’Neill , Executive
"Heidi is an inspiring leader and proven, consumer-driven brand strategist, with a rare ability to both imagine a new future for a brand and to create the structure and processes to deliver on that vision."
— Marti Morfitt , Executive
"My job will be to build on that foundation - to accelerate product breakthroughs, deepen the brand's cultural relevance, and unlock growth in markets around the world."
— Heidi O’Neill , Executive
Key People
André Maestrini is one of the interim co-CEOs leading Lululemon.
Calvin McDonald is the former CEO of Lululemon.
Chip Wilson is the founder of Lululemon.
Heidi O’Neill is the new CEO of Lululemon, having previously worked at Nike for over 25 years.
Jane Nielsen is a former executive at Ralph Lauren and was the preferred candidate for Lululemon's CEO position by Elliott Management.
Martha Morfitt is the executive chair of Lululemon.
Marti Morfitt is the Executive Chair of Lululemon.
Meghan Frank is one of the interim co-CEOs leading Lululemon.
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMi3wFBVV95cUxQVGJwRnpHTU9WNlRnTXRENXFkQ0d6REoyOWFpOGxJRzRDT1M3X0dITGh4M1VKM0NOeUE1YkszZ09tSWQ4V0RvSlN5dHRGMTFSLXoxaHdGMFZaUmVYUmxHeUdXY2xJbHpSajhnUURCUmlibjY5YVBBRjFaRU5QYUNPejZYd0pnMi1hV3gyV014Qk1hM2xubVVDcUNvSlJHcU5UemxSZ0l2NXVYdXllNlUybFNtR1F5WnEzZFYwQnJxU2hTUUttQllYN09zcHgzLVYtdU5IWjgxNFFaS0lycmZB?oc=5" target="_blank">Lululemon sinks after new CEO hire from Nike fails to impress investors</a> <font color="#6f6f6f">Reuters</font>
Heidi O'Neill, former Nike executive, appointed as Lululemon's new CEO, effective September 8, 2026, to enhance global sales strategy.
Heidi O'Neill, former Nike executive, named Lululemon's next CEO, effective September 8, 2026, amid leadership transition and investor pressure.
Lululemon appoints Heidi O'Neill, former Nike executive, as its next CEO, effective September 8, 2026, amid declining sales and investor pressure.
Lululemon appoints Heidi O'Neill as CEO, effective September 8, 2026; stock falls 5.3% in after-hours trading following the announcement.
Heidi O'Neill, former Nike executive, appointed as Lululemon's new CEO, effective September 8, 2026, amid leadership transition and investor pressure.
Heidi O'Neill, former Nike executive, appointed as Lululemon's new CEO, effective September 8, 2026, amid investor unrest and declining growth.
Similar Stories
Related coverage based on topic and tags
Lululemon puts Nike veteran in charge of product as CEO O'Neill looks to right ship - Reuters
Lululemon puts Nike veteran in charge of product as CEO O'Neill looks to right ship Reuters
October 7, 2026 at 09:20 PMWebull sinks after CNBC reports US House panel flagged China ties - Reuters
Webull sinks after CNBC reports US House panel flagged China ties Reuters
October 7, 2026 at 05:31 PMMattel investor Ariel pushes for sale as turnaround stalls - Reuters
Mattel investor Ariel pushes for sale as turnaround stalls Reuters
October 5, 2026 at 10:46 PMUniqlo owner Fast Retailing posts record profit as Western sales overtake China - Reuters
Uniqlo owner Fast Retailing posts record profit as Western sales overtake China Reuters
October 8, 2026 at 06:40 AMUK's Pennon seeks £550 million fresh capital as new CEO overhauls utility; shares drop - Reuters
UK's Pennon seeks £550 million fresh capital as new CEO overhauls utility; shares drop Reuters
October 7, 2026 at 10:33 AMLevi Strauss lifts annual profit outlook on tariff refunds, holiday demand - Reuters
Levi Strauss lifts annual profit outlook on tariff refunds, holiday demand Reuters
October 7, 2026 at 10:10 PM