Lululemon athletica announces leadership change

"Over the last three years we have returned to being a design-led organisation fuelled by innovation, at the intersection of function and fashion. We are thankful for Holman's contribution during this journey. We have developed deep bench strength across the product organisation and are excited to realise the powerful opportunities ahead of us as we connect with a growing collective of guests living an active, mindful lifestyle," said Laurent Potdevin, chief executive officer of Lululemon.

"The strength of our performance reinforces our leadership in the market we created. I'm energised by the momentum in our business as we enter the holiday season and look forward to sharing the details of our third quarter performance and fourth quarter outlook on December 6, 2017," he added. (VM)

Fibre2Fashion News Desk – India