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Lululemon Stock Slides
Description
Lululemon announced Heidi O'Neill as its next CEO, effective September 8th, 2026, following a comprehensive search. O'Neill spent 25 years at Nike in product design, brand strategy, marketing, and global operations. Shares fell 7.60% to $154.03 in premarket trading. Meghan Frank and André Maestrini will continue as interim co-CEOs until September. O'Neill will focus on product innovation, brand relevance, and global growth.
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